(Bloomberg) -- Russia’s invasion of Ukraine is at a near-operational standstill, with neither side currently able to launch an offensive that would materially affect the course of the conflict, Western officials said.In Moscow, Gazprom announced that it will stop delivering natural gas to Europe through its main pipeline for three days to perform maintenance, further squeezing energy supplies just as Germany is trying to build up stocks for the winter. European benchmark futures soared as much a
Cineworld is preparing to file for bankruptcy after it was hammered by a collapse in audiences during the Covid crisis.
Retail sales volumes rose by an unexpected 0.3% in July as online promotional activity boosted demand. The figures from the Office for National Statistics showed volumes 2.3% above their pre-coronavirus level, but down over the past year. July’s better-than-expected performance contrasted with August’s consumer confidence barometer from GfK, which posted a record low as cost of living worries mount.