CAIRO / Reuters Pharmacies across Egypt are running short of medicines, some of them life-savers, as a plunge in the value of the Egyptian pound coupled with strict government price caps has made scores of products unprofitable to produce or import. The shortages include some cancer treatments as well as basic items like insulin, tetanus shots and contraceptive pills. …

  The U.S. may have gone too far in pushing the European banking industry to play by American rules. Justified or not, these efforts are causing a protectionist pushback that probably won’t do global finance any good. European banks have been losing market share to U.S. ones, especially in investment banking, for years. Today, U.S. financial institutions are responsible for …

  Financial markets have been surging the past two weeks, anticipating the potential for more stimulative economic policy after the spate of recent anti-establishment political surprises. Central bankers on both side of the Atlantic, while more restrained, also are preparing for measures that might produce both higher growth and faster inflation. Following his election as U.S. president, Donald Trump and …