­­­Bloomberg Russia’s crude shipments surged last week, recovering almost all of the previous slump. Seaborne exports to European buyers rose to the highest level since April, as some refiners continue to process barrels, even after Moscow’s invasion of Ukraine. Total flows rise to 3.41 million barrels a day in the period to August 19, vessel-tracking data monitored by Bloomberg show. …

  Bloomberg British households will see the average energy bill soar to $4,200 a year in October when the UK next raises a cap on prices, according to consultancy Cornwall Insight Ltd. The forecast confirms other recent estimates that bills will rise about 80% this winter compared with prices in April. Surging wholesale natural gas prices following Russia’s invasion of …

  Bloomberg In 2017, after Citigroup Inc had paid billions of dollars in fines for rigging interest rates, manipulating currency markets and selling shoddy mortgage bonds, the Wall Street giant was still struggling to keep tabs on traders in London. Managers overseeing Citigroup’s European trading hub had hundreds of blind spots, allowing for potentially abusive transactions to go unnoticed in …