1. Footsie and Wall Street slide as fighting in Ukraine intensifies
The FTSE 100 index closed 128.05 points or 1.72% lower on Tuesday at 7,330.20, as US markets also dropped on investor worry about the outcome of the Russian invasion of Ukraine.
2. Bitcoin surpasses Russian currency market capitalisation
Bitcoin has surpassed the market value of the Russian rouble following a recent surge that has seen it climb to US$43,000.
3. Marks & Spencer attractive following 2022 selloff
Marks & Spencer’s near-30% contraction through 2022 undervalues the company’s underlying traits and recent innovations, according to Shore Capital.
4. Flutter slips on poor full-year results
The owner of the Paddy Power and Betfair brands said the final quarter of 2021 was a challenging one in the UK & Ireland with a lot of sporting results going in favour of the punter.
5. Shell financial officer steps down following headquarter move to London
Uhl, described as a “key architect” of the oil giant’s recent strategic changes, is leaving for family reasons and was not able to commit to a long-term relocation in the UK, Reuters said, citing Shell.