Bloomberg The pound will rally if lawmakers vote to give themselves a say on what happens next with Brexit, strategists say. Sterling was expected to gain about 1 percent if UK parliament approved a motion to allow votes on Brexit options, said Jeremy Stretch, head of Group-of-10 currency strategy at Canadian Imperial Bank of Commerce. The move would give lawmakers ...

Bloomberg US exchanges handle about 29 percent of global Bitcoin trading — much more than previously thought because some unregulated rivals overseas are inflating their volumes, according to estimates from a firm working to create a crypto exchange-traded fund. The US is the world’s second-largest domicile for exchanges by trading volume after Malta, Bitwise Asset Management found in a report. ...

Bloomberg Malaysian billionaire T. Ananda Krishnan’s Bumi Armada Bhd is nearing an agreement for a loan of around $500 million, people with knowledge of the matter said, in a deal that will give the embattled energy firm more time to restructure. Banks are finalising details of a five-year credit facility, according to the people, who asked not to be identified ...