European stocks tumbled on Monday after Russia extended a halt on gas flows through a major pipeline to Europe, sparking further fears of energy rationing in the region as winter approaches.Moscow was reacting to a decision announced Friday by the Group of Seven finance ministers to cap the price of Russian oil.European gas prices soared 30 percent in early trading today as the energy crisis threa...
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.