CAIRO / Reuters Egypt’s pound was almost steady early on Sunday as banks began trading freely for the first time since authorities ditched the currency’s peg in a policy shift designed to crush a black market and clinch an International Monetary Fund loan. Interbank trading began at 1030 a.m. (0830 GMT) but activity was extremely slow because banks were ...

  Bloomberg The European Union is raising the pressure on global banking regulators to ease proposed capital rules in an effort to protect lenders and the economy from major new costs. The European Parliament will add its voice next week to a chorus of resistance from EU regulators and policy makers including German Finance Minister Wolfgang Schaeuble. Lawmakers plan a ...

  Bloomberg As space in economy class becomes ever more constrained, airlines have devised a more spacious cabin product for passengers priced out of business class but determined to escape the indignities of steerage. Called “premium economy,” this section of added frills between coach and business aims to address a widening gap that has emerged between those cabins—and to extract ...