Russia’s civil aviation authority bans UK flights; oil and gas prices retreat – as it happened

• European shares rebound as Russian stocks, bonds and rouble recover, even as Russian troops advance on the Ukrainian capital
• Brent crude back below $100 a barrel; gas prices fall back
• Russia's civil aviation authority bans UK flights to Russia; BA suspends flights to Moscow
• Introduction: Wheat jumps to 13-year high, stocks calmer
• Ukraine crisis live
• Closing summary

Here's a round-up of today's other main stories.

The owner of British Airways, International Airlines Group, more than halved losses to 3.5bn in 2021 and expects to return to profit this year as long as operations are not significantly disrupted by Covid-19 or the invasion of Ukraine.