1. Footsie fluctuates but closes green
The FTSE 100 index closed 4.63 points, or 0.067% firmer on Tuesday at 6,964.11 amid market uncertainty as the Russia-Ukraine war dominates sentiment.
2. Shells vows to stop buying Russian oil and gas
Shell PLC (LSE:SHEL, NYSE:SHEL) said it intends to make a phased withdrawal from involvement in "all Russian hydrocarbons", including crude oil, gas, petroleum products and LNG.
3. GSK undervalued as it nears Haleon demerger
Berenberg believes the pharmaceutical group will come back into investors’ sights as the demerger begins to receive more attention.
4. 88 Energy kickstarts Merlin-2 appraisal well drilling
88 Energy Ltd (AIM:88E, ASX:88E, OTC:EEENF) told investors that the Arctic Fox rig has started drilling the Merlin-2 appraisal well, part of Project Peregrine, on Alaska’s North Slope.
5. UK government to ban Russian oil
The UK government is expected to announce a ban on all Russian oil, in a plan that will be phased in over the coming months, as Johnson’s latest sanction against Russia following the country’s continued invasion of Ukraine.