Global Business & Emerging Markets

Shift from global system would likely be permanent, sources say.

French Finance Minister Le Maire to put forward a proposal in September.

French Finance Minister Le Maire to put forward a proposal in September.

Oliver Wyman sees industry's costs rising $1B.

Oliver Wyman sees industry's costs rising $1B.

Greenback is a loser this year against all 16 major currencies.

Greenback is a loser this year against all 16 major currencies.

UK regulators announcement last week seen speeding the process of replacing the benchmark.