Bloomberg Hennes & Mauritz (H&M) AB said sales growth accelerated as the Swedish retailer reduced the level of markdowns on its garments. Revenue rose 23% excluding currency shifts in the three months through February. Sales amounted to 49.2 billion kronor ($5.1 billion). Analysts expected 49.1 billion. Like other retailers, H&M decided to temporarily pause sales in Russia, its sixth-biggest ...

Bloomberg Ukrainian President Volodymyr Zelenskiy made a dramatic plea to the US for more help fending off Russia’s invasion, targeting members of Congress who are ready to provide money and equipment but still unwilling to countenance his biggest ask: A no-fly zone over his country. “Russia has turned the Ukrainian sky into a source of death for thousands of people,” ...

Bloomberg A proposal for Ukraine to become a neutral country but retain its own armed forces “could be viewed as a certain kind of compromise,” Kremlin spokesman Dmitry Peskov said, hinting at possible progress in peace negotiations. Peskov declined to provide details beyond confirming that the idea of Swedish or Austrian-style neutrality is under discussion in the talks now underway ...