Tether retreats from $20bn funding ambitions after investor pushback
CEO Paolo Ardoino downplays the scale of $185bn stablecoin group’s capital raise
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How copper miners are squeezing their way out of a shortage
With demand set to soar, the industry has got inventive over extracting the metal using leaching initiatives
The Treasury market is treading in dangerous waters
Bank balance sheets lack capacity to intermediate the surging amount of trading in the US government bonds
Amundi says it will cut exposure to US over coming year
€2.4tn asset manager is latest to voice concern over US policymaking and its impact on dollar assets
India hails Trump ‘deal’ but ducks discussing Russian oil ban
Analysts deeply sceptical of US president’s claim that Narendra Modi has promised to stop buying crude from Russia
Tribunal upholds UK regulator’s decision to fine Banque Havilland
Lawyers say Financial Conduct Authority has reinforced its ability to hold companies to account