BLOOMBERG A billionaire and “close” partner of oligarch Roman Abramovich has become the first person to challenge the UK’s Russian sanctions regime in a London court. Lawyers for Eugene Shvidler, who has long been associated with Abramovich, filed the claim last month, saying that the UK made “significant errors” in its assessment of Shvidler’s relationship with the former owner of ...

BLOOMBERG Germany has asked Switzerland if it can buy back some of the nation’s decommissioned Leopard 2 battle tanks as part of an effort to replace depleted stocks among Nato allies. German Defense Minister Boris Pistorius and Economy Minister Robert Habeck made the request in a February 23 letter to Swiss Defense Minister Viola Amherd, a German defense ministry spokesman ...

BLOOMBERG Two Federal Reserve policymakers cautioned that recent stronger-than-expected readings on the US economy could push them to raise interest rates by more than previously expected. In remarks, Governor Christopher Waller said that if payroll and inflation data cool after hot prints in January, “then I would endorse raising the target range for the federal funds rate a couple more ...