Bloomberg Germany was warned it could face a 220 billion-euro ($240 billion) hit to output over the next two years in the event of an immediate interruption in Russian energy supplies over the war in Ukraine. Economic institutes advising the government in Berlin said in a joint forecast that a full halt in Russian natural gas imports would result in ...

America is following an “arsenal of democracy” strategy in Ukraine: It has avoided direct intervention against Russian invaders, while working with allies and partners to provide the Kyiv government with money and guns. That strategy, reminiscent of US support for Britain in 1940-41, has worked wonders. Yet as the war reaches a critical stage, with the Russians preparing to consolidate ...

Elon Musk wants to buy Twitter Inc for $43 billion — but he has only about $3 billion in cash on hand. Most of the fortune of the world’s richest man, which adds up to some $259 billion, is tied up in Tesla Inc and other nifty things. So if he’s serious about a takeover — and there is ample ...