Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said.
As Rogers Communications' long-delayed takeover of Shaw Communications Inc nears its final hurdle, bankers, lawyers and shareholder advisors are preparing to finally pocket a C$100 million-plus ($75 million) fee from the bitterly contested deal.
Italy is readying measures to address the issues holding back the country's capital markets and reinforce the role of the 200-year-old Borsa Italiana, according to government officials and a draft bill seen by Reuters on Monday.
Germany will do most of the work this year to prepare its power market for greater reliance on renewable supplies by the end of the decade, Economy Minister Robert Habeck said on Monday.
Prices of everyday basics like Bounty paper towels and Cadbury chocolate may rise again this year while those of others like Clorox Co wipes and Diet Pepsi are likely to stay steady, as manufacturers make differing bets on the strength of the consumer and their brands.
Volkswagen's joint venture with China's SAIC Motor said on Monday it had appointed Jia Jianxu, a veteran executive at the state-owned Chinese automaker, as its new general manager.
Decisions by OPEC+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance of oil producers is sufficiently flexible to adjust policy as needed.
European shares were flat on Monday, with the sustained gains in miners on bets of a demand recovery in China countering a fall in Telecom Italia that led the decliners in eurozone stocks.
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