Swift to launch blockchain in response to rise of stablecoins
Banks including Citigroup back move by payments group to allow ‘instant, always-on cross-border transactions’
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Gold punches through $3,800 an ounce as risk of US shutdown rattles markets
Rally in precious metal also driven by dual ‘aggressor’ bids from ETFs and central banks
AstraZeneca to elevate New York listing in blow to London
UK drugmaker says it intends to create a ‘global listing for a global company’
AstraZeneca plans overhaul of US listing to attract more investors
UK drugmaker to ditch American depositary receipts in favour of more liquid ordinary shares
Inflation is more than tariffs
Plus, will Korean and Japanese investments in the US happen?
First Brands files for bankruptcy threatening multibillion-dollar losses
Collapse of US auto parts maker that borrowed billions in private markets has unnerved Wall Street