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EUROPEAN UNION BANKS
EU wants bigger banks to rival US lendersThe European Union desires larger banks to enhance global competitiveness. Brussels aims to ease banking regulations and lower capital requ...- EU imposes sanctions on Russian executive, five companies over dronesThe Council of the European Union said the decision had been made in the wake of escalating Russian attacks on Kyiv and other parts of Uk...
- NEW ISP: 14 of 19 sectors see double-digit growth in AprilIndia's formal services sector began the new fiscal year strongly in April. Fourteen of nineteen sectors tracked by the new Index of Servic...
- PM Modi pushes to cut imports to shield India from shocksIndia is likely preparing a major import substitution drive as geopolitical tensions and supply chain risks push the government to reduce d...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data supported sentiment, while elevate...
- Global Market: EU opens talks on digital euro rules, eyes 2029 launchThe European Union has begun negotiations on legislation to create the legal framework for a digital euro, aiming to finalize the rules by ...
- Global Market: UK's Rachel Reeves defends fiscal record ahead of leadership change; investors eye policy continuityBritain's Finance Minister Rachel Reeves defended her economic record ahead of an expected Labour leadership transition, while investors as...
- Gold drops to 2-week low as oil surge drives inflation, rate-hike fearsGold prices declined to a two-week low on Tuesday. Oil prices surged due to the U.S.-Iran conflict in the Gulf. Federal Reserve Governor Ch...
- EU ministers to debate curbing trade with Israeli settlementsEuropean Union foreign ministers will discuss new measures against Israeli settlements. The European Commission paper suggests three option...
- UK to regulate cloud service providers Microsoft, Google and others to protect financial stabilityThe UK government has identified Microsoft, Google, Amazon, and Oracle as essential cloud providers, implying new regulatory measures for t...
- The waiting game: Why the UK’s stablecoin moment is nowGlobal stablecoin market value exceeds three hundred billion dollars, dominated by US dollar denominations. The United Kingdom faces a stra...
- ECB tells banks to draw up plans against AI attacks amid disruption fearsEuropean Central Bank requires banks to develop AI cyber threat plans. Banks must submit these detailed plans by October thirty-first. This...
- Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
- On This Day in History, July 4: Declaration of Independence proclaimed, Battle of Hattin, Statue of Liberty presented, Philippines gains independence, Higgs boson discovery and moreOn This Day in History, July 4, the United States proclaimed the Declaration of Independence, while other landmark events included the Batt...
- Europe growth hit more by China exports than bigger trade gap, Goldman saysGoldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manuf...
- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- On This Day in History, July 2: Civil Rights Act signed, Amelia Earhart disappears, Simla Agreement signed, Men in Black premieres and moreOn This Day in History, July 2 witnessed landmark moments that shaped politics, civil rights, aviation, literature and international relati...
- Clearing Corporation of India receives European Securities authority recognitionThe European Securities and Markets Authority has granted essential recognition to India's Clearing Corporation, putting an end to a prolon...
- Gold, silver face fresh test as US dollar, Iran crisis to shape week ahead: AnalystsGold and silver are facing downward pressure as investors digest escalating US-Iran tensions, crude oil price shifts, and crucial economic ...
- EU bets on digital euro to cut US tech addictionThe EU believes a digital euro is the answer to cutting its addiction to US payment systems like Visa and Mastercard as well as Apple Pay a...
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