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Prime Minister Keir Starmer failed to fully back Chancellor of the Exchequer Rachel Reeves after a U-turn on the government's flagship welfare reforms derailed her fiscal plans.

London marked the slowest first half-year for IPO volume since 1997, a grim milestone punctuated by a report that AstraZeneca Plc's chief executive officer wants to move the company's listing to the US.

Deutsche Bank AG's top risk manager has warned Europe against crippling lenders with so many rules that its legacy will be "unfortunately, they didn't have tanks, but the banking regulation was really fair."

The spike in public stock markets is pushing up the mooted price of comparable private assets too, making them harder to sell.

US mortgage rates dropped last week to the lowest level since early April, helping spark a pickup in home-refinance applications.

Bank of England rate-setter Alan Taylor called for a faster pace of easing with three more interest-rate cuts this year, as the risk of a hard landing for the UK economy mounts.

European Central Bank Governing Council member Olli Rehn is worried that inflation staying below 2% for a lengthy period could shift the price outlook of euro-zone consumers.

JPMorgan Chase & Co. is developing a new service to tokenize carbon credits and is partnering with a trio of carbon companies for an initial trial.

Despite a strong first quarter for startup funding, the Middle East's venture ecosystem faces a unique paradox: The region's sovereign wealth funds and family offices wield trillions of dollars and yet startups are struggling to access the funding .. ...

Banca Sella Holding SpA, an Italian banking group, is running an internal pilot to test custody of digital assets like stablecoins, people familiar with the matter said.