Bloomberg Natural gas in Europe declined as traders weighed the region’s reluctance to sanction Russian supplies and the potential easing of retaliatory action by Moscow. Benchmark Dutch futures fell as much as 21%, after swinging wildly between gains and losses. While the European Commission has said it plans to reduce Russian gas imports by two-thirds this year, finding alternatives ...

China is the wild card. President Xi Jinping has vowed that the friendship between China and Russia has “no limits,” and he certainly has the tools to help soften the blow of unprecedented sanctions imposed by the US and European Union on Vladimir Putin’s wartime economy. Beijing could buy some of Russia’s $130 billion hoard of gold held by the ...

Investors in Bed Bath & Beyond Inc are betting that an activist intervention will add up to big gains. Shares in the retailer rose as much as 86%, the most ever, in early trading after Ryan Cohen, a co-founder of Chewy Inc and the chairman of GameStop Corp, disclosed that he had taken a 9.8% stake. Cohen’s investment company RC ...