Egypt, often the world’s top wheat buyer, saw a rise in imports of the grain from Russia in March despite supply and payment disruptions following its invasion of Ukraine that also drove traders to seek shipments from other suppliers.

India’s foreign minister said on Wednesday the government is working to stabilise economic transactions with Russia, a day after India condemned killings of civilians in Ukraine and called for an independent probe.

The dominant US services sector saw growth accelerate in March as worker shortages and Covid-19 cases eased, but firms continue to face supply challenges, according to an industry survey released Tuesday.

SVAM, a US-based global information technology services provider, wants to set up a software delivery centre in Bangladesh.

EU leaders on Wednesday said the bloc will soon have to sanction all of Russia’s hydrocarbon exports as they blamed Moscow for  “war crimes” discovered in Ukraine, especially in the town of Bucha.

Iran’s oil production capacity has returned to the same level as prior to the reimposition of sanctions in 2018, when the US unilaterally withdrew from a nuclear deal, a top official said.

Home rental company Airbnb Inc said late on Monday it had suspended operations in Russia and Belarus.

Oil prices rose on Tuesday as the United States and Europe planned new sanctions to punish Russia over alleged war crimes in Ukraine, raising concerns of tighter global supply, while Iran’s nuclear talks with world powers stalled.

Russia has managed to avoid defaulting on its international debt so far despite unprecedented Western sanctions. But the task is getting harder and Moscow’s threats to cut Europe’s gas supply seems to be upping the ante further.

The European economy is set to suffer a sharp slowdown due to the war in Ukraine, but should avoid stumbling into recession, top EU officials said on Monday.

Twitter’s shares soared after Tesla CEO Elon Musk disclosed on Monday a large stake in the social media company, which he has criticized for its approach to speech rights.

Oil slipped on Monday in volatile trading as the release of strategic reserves by consuming nations eased concerns over tight supply amid Russia’s invasion of Ukraine and the lack of an Iranian nuclear deal.

Turkey’s inflation hit a new record in March, official data showed Monday, driven up by the fallout from Russia’s invasion of Ukraine and soaring energy prices.

Canada on Monday will announce its support for General Motors Co’s multi-billion-dollar investment in two plants, including one that will produce electric commercial vehicles (EVs), a government source said.

German exports bounded higher in February, the official statistics agency said Monday, cautioning that the Ukraine conflict and sanctions against Russia were likely to cloud the picture in the months ahead.

The European Union on Monday extended for another 10 years its ban on mobile phone roaming surcharges for people using their European handsets while travelling in the 27-nation bloc.

Asian markets were mixed Monday as another strong jobs report provided some reassurance that the recovery in the US economy remained on track but also solidified expectations for more aggressive Federal Reserve interest rate hikes.

Investor morale in the euro zone fell to its lowest level in nearly two years in April, a survey showed on Monday, pointing to the beginning of a recession in the second quarter of 2022.

Hungry cows at Westons Farm jostle for position at the feeding trough, blissfully unaware that Ukraine’s war has sowed more turmoil for UK farms ploughing through Covid and Brexit fallout.

Germany will face a steep recession if there is a stop to imports or delivery of Russian gas and oil, a top German bank lobby warned on Monday.