A swaps panel has urged the US Treasury to temporarily allow trading in Russian assets A group of 13 banks and asset managers have asked the US Treasury’s Office of Foreign Assets Control (OFAC) to temporarily allow trading in credit default swaps (CDS) on Russian government bonds, Bloomberg reports, citing people familiar with the situation.

A gunman killed two people and injured at least 21 others outside a gay bar in downtown Oslo Norwegian police have launched a terror probe over a shooting spree that left two dead and many injured in downtown Oslo in the early hours of Saturday.

Showering less will help Germany overcome an acute energy crisis, Economy Minister Robert Habeck believes German Vice Chancellor and Economy Minister Robert Habeck says he has had to once again “drastically reduce” the time he spends in the shower in an effort to cope with what he describes as an acute energy crisis.