Bloomberg Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest round of Western sanctions yet, wiping out more than $250 billion in stock market value. The ruble sank to a record low and stocks collapsed 45% — their biggest-ever retreat. Russian Eurobonds plummeted, pushing some into distressed territory. The …

  Bloomberg Gold surged to the highest since 2020 after Russian forces attacked targets across Ukraine, triggering the worst security crisis in Europe since World War II and crushing risk sentiment. President Vladimir Putin vowed to “demilitarise” Ukraine and replace its leaders, while the West threatened additional sanctions in response. US President Joe Biden announced he would impose “further consequences” …

Bloomberg Wind power is making a comeback in Europe as three named stormed battered the region in recently, helping ease reliance on fossil fuels just as tensions over Ukraine are running high. Turbines in the European Union generated a record 14.9 terawatt-hours of electricity last week, with Germany producing the most wind power ever, according to data from research institute …