Bloomberg US stocks and the dollar rose while Treasury yields edged lower, as investors eyed the ongoing tax reform debate and the confirmation hearing for Federal Reserve chair nominee Jerome Powell. The S&P 500 Index rebounded to a record after starting the week lower, following gains by stocks in Europe driven by energy firms. In Asia, shares in Hong Kong …

Reuters Egypt’s stock market surged on Tuesday after the central bank removed caps on deposits and withdrawals of foreign currency for importers, scrapping one of the last currency controls in place since 2011. The blue-chip index registered its biggest daily jump since March as it rose 2.2 percent to a record closing high of 14,537 points, passing its previous peak …

Bloomberg Airbus SE appointed Rolls-Royce Holdings Plc’s Eric Schulz as sales chief, plucking a top executive from one of its most important partners to replace John Leahy, who racked up more than $1.7 trillion dollars in jetliner deals over 23 years. Schulz, 54, the head of civil aerospace at the UK engine maker, will join Airbus as an executive vice …