Ukrainian artillery struck the city of Gorlovka in the Donetsk People’s Republic shortly after midnight on Saturday, according to Mayor Ivan Prikhodko. A kindergarten and a hotel were among the buildings damaged by the attack, which also disrupted the power supply.

Thousands of jobs will be axed at the country’s biggest steelworks as part of a major green restructuring Steel producer Tata Steel plans to close blast furnaces at its Port Talbot plant in South Wales and lay off nearly 3,000 workers, according to media reports. The move, which is part of a major restructuring of…

Export revenues dropped 30% compared to an all-time high recorded in 2022, the regulator estimated Russian export revenues dropped by almost a third in 2023, according to the preliminary assessment released by the Bank of Russia, which cites a decline in prices for crude oil as one of the key reasons for the decrease.