Britain's Financial Conduct Authority on Monday proposed narrowing the scope of its consumer duty rules for wholesale financial firms, removing business with genuinely non-UK customers from their purview in a move aimed at easing compliance burdens on the sector.
Dof Group ASA OSL:DOFG:
European spot prices climbed on Monday as wind power supplies were expected to retreat from already low levels and demand was expected to rise.($1 = 0.8768 euros)
Synthaverse SA GPW:SVE:
By Ankur Banerjee and Harry RobertsonEuropean stocks and U.S. futures ticked higher on Monday after the U.S. and Iran agreed to halt recent hostilities and renew talks, helping oil prices fall after spiking earlier on Monday in the wake of renewed attacks between the two sides.A return to diplomacy…
Gulf markets opened weaker on Monday, as reciprocal strikes by the U.S. and Iran in recent days kept investors on edge despite an agreement between the two countries to stop further attacks.A renewed push for diplomacy in the Middle East would come after several days of retaliatory strikes, trigger…
POLAND'S KNF REVOKED LICENSE OF MPAY TO PROVIDE PAYMENT SERVICES AS DOMESTIC PAYMENT INSTITUTIONKNF SAYS DECISION IS IMMEDIATELY ENFORCEABLE AND MPAY MUST CEASE PROVIDING PAYMENT S
EUROPEAN STOCKS HOLD STEADYEuropean share indexes are mixed on Monday, with most major bourses hovering near the unchanged mark.Attention remains on the Middle East, although markets seem to be at ease with bouts of escalation for as long as traffic flows through the Strait of Hormuz.For now, the S…
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Bank lending to euro zone companies grew at its fastest pace in three years in May, European Central Bank data showed on Monday, extending a gradual but steady acceleration seen in recent months.The annual growth rate of loans to non-financial corporations increased to 4% in May from 3.4% in April…
Ipsen EURONEXT:IPN will buy U.S.-based Kartos Therapeutics for $450 million to expand its oncology pipeline with a late-stage blood cancer treatment, the French biotech company said on Monday.
* Prices as of June 25NOTE: Prices are sourced from the Rubber Authority of Thailand, the Malaysian Rubber Board, the International Rubber Consortium and a private Thai website that collates auction prices.
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Securities analysts revised their ratings and price targets on several Canadian companies including Canadian Natural Resources , Omai Gold Mines and Suncor Energy on Monday.Following is a summary of research actions on Canadian companies reported by Reuters on Monday. Stock entries are in alphabeti…
By Bhanvi Satija and Marleen KaesebierSwiss pharma and diagnostics giant Roche (ROG.S) on Monday launched its long-awaited Axelios gene sequencer, in a bid to challenge U.S. firm Illumina's NASDAQ:ILMN leadership in next-generation sequencing.Roche's launch is limited to academic and research-focus…
By Pablo SinhaGold prices eased on Monday as recent U.S.-Iran strikes in the Gulf pushed oil prices higher, while expectations of U.S. Federal Reserve interest rate hikes further weighed on the non-yielding metal.Spot gold TVC:GOLD was down 0.7% at $4,061.51 per ounce, as of 0747 GMT. U.S. gold fut…
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