FCA seeks to loosen UK consumer protection rules to relieve ‘excessive burden’
Regulator outlines planned changes after financial services providers warned that rules risked driving activity overseas
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China probes quant trader Tower Research over chip imports
Customs authorities examine use of advance trading hardware
Boston Fed President Collins sees caution on future interest rate cuts
Collins on Tuesday expressed support for the recent interest rate cut but skepticism on future moves.
Global FX market swells to $10tn a day in tariff turmoil
Figures from Bank for International Settlements show rapid growth of currency trading
EU seeks France’s backing over €140bn loan for Ukraine
Paris and other highly indebted capitals are wary of approving use of Russian frozen assets
The energy efficiency mystery clouding BP’s global outlook
Experts do not know what is causing sluggishness in efficiency gains, which matters hugely for oil demand