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Industry struggles to handle resurgent demand while business travel remains weak
FCA also plans to draft rules to cover crypto assets, including stablecoins
Valuation trails that of rival FTX US as investors remain concerned over regulatory risks
Financial watchdogs will examine ‘disorderly’ conditions that disturbed metals market
Abrdn study finds two-thirds are not giving up work due to rising bills
Today’s main developments: US says Russia committed war crimes in Ukraine, Kyiv official says; Russia to switch gas invoicing to roubles for European buyers; Nato to discuss extending Stoltenberg’s term as secretary-general
Loss of Russian supplies could lead to ‘systemic shortfall’ in Europe, says Vitol chief
Today’s main developments: US and European allies to escalate sanctions on Russia, Ukraine urges international banks to leave Russia; Global diesel shortage looms with Europe being hardest hit, say corporate leaders
Today’s main developments: Biden says Russia ‘exploring options’ for possible cyberattacks against US targets; Russia says progress in peace talks has stalled: 10mn people forced to flee their homes, says UNHCR
Shares in British retail chain soar after US private equity group expresses interest
Today’s main developments: Oil prices jump 8% as IEA warns of ‘supply crisis’; Russia says it has made $117mn interest payment; China rejects Nato appeal to condemn invasion
Today’s main developments: Biden and Xi fail to bridge differences over Ukraine war; Germany calls G7 meeting to discuss invasion of Ukraine; Russian bond interest payments flow though western financial system; Putin accuses Kyiv of dragging out negotiations
International Edition