Gunvor drops $22bn bid for Lukoil assets after US moves to block deal
Treasury calls Swiss trader ‘Kremlin’s puppet’ and says it would block its licence to operate
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US adds silver and copper to ‘critical minerals’ list
Materials added may be included in future tariff policies
Ukraine fails to secure restructuring of controversial growth-linked bonds
Breakdown of talks with creditors comes as Kyiv seeks expansion of IMF bailout
US stocks slide as tech jitters return
Weak private sector jobs data adds to nerves over elevated valuations for AI-linked companies
Germany’s Friedrich Merz backs protectionist measures on Chinese steel
Chancellor says higher tariffs, reduced quotas and preferential procurement are needed to shield struggling industry