Bloomberg London Heathrow airport’s losses from two years of Covid disruption swelled to 3.8 billion pounds ($5.2 billion), leaving its finances hanging on a summer travel rebound and the go-ahead from regulators to raise prices. The UK hub had a loss of 1.8 billion pounds last year after passenger numbers slumped to 19.4 million, the lowest since 1972, Heathrow …

  Bloomberg European equities rose with US futures on Wednesday as investors assessed limited initial Western sanctions against Russia amid the Ukraine standoff. The Stoxx 600 Europe Index and S&P 500 futures both added about 0.8% while contracts on the Nasdaq 100 gained more than 1%. The mood was brighter, when the S&P 500 fell into a technical correction after …

  Bloomberg Russian markets have taken historic losses this year and the message coming from traders is that more declines may be ahead for the ruble. Options pricing suggests there’s a 50% chance the ruble will sink to a record low against the dollar within the next two months — dipping below levels from 2016 when the economy was mired …