Baltic states urge EU to speed up ban on Russian oil imports
Talks about the phaseout stalled after the closure of the Strait of Hormuz sparked concerns of an energy supply crisis
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Burnham catches a bit of luck with gilts
Global bond markets have rallied, easing pressure on UK’s prime minister-in-waiting
Why your finances are heading for a summer of uncertainty
A change of UK leadership, a new hawkish Fed chair and continuing concerns about the Middle East are worrying for investors
US derivatives watchdog probes predictions market Polymarket
States and consumer advocates call for more oversight of rapidly growing venue
‘Tit-for-tat’ trade warfare threatens global economy, says IMF chief economist
Pierre-Olivier Gourinchas, who is leaving the fund, warns attempts to gain small advantages will be ‘self-defeating’
SpaceX bonds sell off days after AI and rocket group’s $25bn debt deal
Yields move towards levels commonly associated with junk-rated companies