Bloomberg The return of Parliament this week is fraught with danger for UK Prime Minister Liz Truss. In her first month in office, the 47-year-old premier managed to roil the financial markets, alienate a swath of her lawmakers and sink the Conservative Party in the polls with the biggest set of unfunded tax cuts in half a century. Since the ...

  Bloomberg India’s central bank is working towards a phased introduction of a digital currency and will put forth a final design after it has conducted large scale pilot projects. The Reserve Bank of India (RBI) is exploring the option of implementation of an account-based central bank digital currency or CBDC for the wholesale segment and token-based currency for the retail ...

Bloomberg UBS Group AG’s underwriting arm has been left out of the group that is poised to handle the biggest-ever municipal-bond transaction from Texas after the state listed the bank as one of the firms it considers to “boycott” the fossil-fuel industry. Board members of the issuer, the Texas Natural Gas Securitisation Finance Corp., announced a newly configured underwriting syndicate ...