EU set to remove barriers to banks’ cross-border capital flows
Draft report by European Commission aims to boost performance of lenders in bloc compared to US rivals
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SpaceX plots $20bn bond deal after record IPO
AI and rocket group is tapping debt markets after raising $86bn in stock market debut
CME sues US derivatives regulator over crypto contract approval
Exchange operator says allowance of ‘perpetual’ futures contracts on digital currencies by Kalshi violates law
Jet fuel prices tumble on prospect of renewed Gulf exports
Airlines get relief from soaring fuel costs following deal to reopen Strait of Hormuz
Gold executives warn of smuggling ‘crisis’
Head of World Gold Council says illicit flows have risen to more than $120bn a year