Trump signals sanctions relief for China to buy Iran’s oil
Potential policy U-turn comes hours after president declared peace in Middle East war
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Spain blocks BBVA from merging with Sabadell for at least three years
Government imposes new conditions on hostile banking bid
The dangers of stablecoins
They are no substitute for money, even if usage is growing fast
Stablecoins ‘perform poorly’ as money, central banks warn
BIS says they fail crucial tests for a sound currency and are exploited by criminals
How fragile is Europe’s gas supply?
The Middle East conflict has again exposed how reliant Europe is on imported gas