Rolling coverage of the latest economic and financial news, as BHP is (again) rebuffed by mining rival Anglo American
European defence company stocks have dropped at the start of trading, and wholesale gas price are down too, after officials from Washington and Kyiv held weekend talks in Geneva over how to end the Ukraine-Russia war.
Last night, the US and Ukraine said they had created an “updated and refined peace framework” to end the war with Russia, after a row over an original US-backed document that included many of Moscow’s demands.
The US secretary of state, Marco Rubio, said he was “very optimistic” about the progress of the talks in Switzerland.
Rubio told reporters:
