Good morning.
The London Stock Exchange has rolled out a block on trading in 27 companies with close ties to Russia.
EN+, Gazprom, Lukoil, Rosneft and Sberbank are among the firms affected by the block, which comes into effect immediately.
London Stock Exchange Group said it was blocking trading in the companies “in light of market conditions, and in order to maintain orderly markets”.
On Monday the Deutsche Borse halted trading in 16 companies with links to Russia, while the New York Stock Exchange and Nasdaq have taken similar action.
5 things to start your day
1) PR guru Roland Rudd cuts ties with Russian billionaire’s business Spin doctor ditches Metalloinvest, owned by Alisher Usmanov
2) £1.5bn profit lets Dyson to hire another 2,000 engineers Appliance maker says 900 of the new jobs will be based in the UK
3) Halfords to start selling secondhand bikes Retailer to give rusting bicycles a makeover before reselling them as demand swells
4) The assets Roman Abramovich could put under the hammer Oligarch is said to be selling assets after ties to…