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  Bloomberg A sweeping piece of legislation that would overhaul how the cryptocurrency industry is regulated by Washington is unlikely to be voted on this year by the US Senate, according to one of the lawmakers driving the effort. Wyoming Senator Cynthia Lummis said that the full bill she released last month with Democrat Kirsten Gillibrand would probably not be …

  Bloomberg Barclays Plc aims for a bigger slice of the business with German companies after adding employees and hiring a new country head. The London-based lender, which gets the majority of its revenue in Germany from retail clients, wants to double its market share in investment and corporate banking to around 6%, Ingrid Hengster, who took over as country …

  Bloomberg US equity futures fell with stocks amid rising concern that Europe will lose access to Russian gas, sending the region into a recession that could have global repercussions. Contracts on the Nasdaq 100 and the S&P 500 turned lower, reversing earlier gains, along with the Stoxx 600 Index as the European Union (EU) laid out preparations for a …

  Bloomberg Chinese tech stocks advanced following a report that regulators are wrapping up an investigation into Didi Global Inc with a hefty fine, with traders again hoping this will herald an end to a crackdown on the sector. The Hang Seng Tech Index gained 1.6%, with Meituan and NetEase Inc contributing the most to the rise. The move also …

  Bloomberg A lack of progress by the world’s largest economies to reduce the debt burden of the poorest nations as borrowing costs increase will cause worsening poverty rates and instability, World Bank Group President David Malpass said. “Debt relief is of major importance for the world because the interest rates are going up,” Malpass said in an interview on …

  Bloomberg Boeing Co announced a firm order for 100 of its 737 Max 10 jetliners from Delta Air Lines Inc, its opening salvo at the Farnborough Airshow that the US planemaker hopes will provide a boost after it fell behind arch-rival Airbus SE. The purchase includes an option for 30 additional jets, the companies announced at the event. Should …

Bloomberg Amazon.com Inc warehouses near New York City, Chicago and Orlando were inspected by federal investigators as part of a probe into potential worker safety hazards. Investigators from the Department of Labor’s Occupational Safety and Health Administration visited the sites on referrals from federal prosecutors in Manhattan, said Nicholas Biase, a spokesman for US Attorney Damian Williams. Amazon for years …

  Bloomberg SAS AB reached a deal with pilots to end a 15-day strike, allowing the airline to gradually resume normal operations at one of the busiest times of year for travel. The 5 1/2 year agreement will also allow SAS to move ahead with financing talks after it filed for bankruptcy protection in the US earlier in July, the …

Bloomberg Virgin Atlantic Airways Ltd will carry out test flights using a flying taxi model from UK startup Vertical Aerospace Ltd as the futuristic technology moves closer to becoming a reality. Virgin will operate one flight from the main airport in Bristol, England, where Vertical is based, to an airfield elsewhere in the southwest, according to a joint statement. A …

  Bloomberg Air Lease Corp, the biggest aircraft financier in the US, is close to placing a large order for Airbus SE A320neo family jets as it looks to lock in planes amid constrained supply, according to people familiar with the matter. The Los Angeles-based lessor may announce a deal for dozens of jets at the Farnborough International Airshow, the …