The FT News Briefing is supported by Equinole, the UK's energy partner.

Learn more at equinole.co.uk

Good morning from the Financial Times.

Today is Tuesday, March 22nd, and this is your FT News Briefing.

Russia stepped up its invasion of Ukraine yesterday.

The battle for the port city of Mariapol continued

and a Russian air strike targeted a shopping mall in Kiev,

killing at least eight people, according to Ukraine officials.

Meanwhile, in Moscow, Russian bonds traded for the first time since Putin's invasion.

Western companies have been announcing plans to leave Russia,

but the FT's Leyla Bood reports on consumer goods companies who are staying.

At least for now, because they have a lot of factories there and a lot of employees.

It's not actually that simple to just sort of declare that you're just going to close that down.

We'll also hear about the challenges facing Pakistan's Prime Minister,

Imran Khan. I'm Joanna Gao,

Infermark Filipino, and here's the news you need to start your day.

Bond trading resumed in Moscow yesterday for the first time since Vladimir Putin's

invasion of Ukraine. And prices on local currency bonds dropped.

Yields on the benchmark 10-year rubble bond climbed as high as 19.7%.

That was in pre-market trading. Yield settled back to just under 14%.

Meanwhile, the U.S. government bond market is having its worst

month since 2016. Bond prices have dropped and the yield on the benchmark 10-year

...