Business & Finance News
Cboe Global Markets said on Tuesday it would take full control of EuroCCP, Europe’s largest clearing house for stock trades, to bolster its post-Brexit base in Amsterdam and diversify into derivatives.
An Irish court on Tuesday withdrew a ban on reporting a reference to Ryanair’s profit after tax target for the airline’s 2020 financial year contained in a 2018 share option scheme after the airline said the order was not needed.
BlackRock Investment Institute said on Tuesday it was cautiously rotating into cyclical assets, Japanese equities and emerging markets.
Oil prices slipped for a second straight session on Tuesday as a slowing global demand outlook outweighed OPEC’s deal with associated producers last week to deepen output cuts in 2020.
EU antitrust regulators are considering taking a tougher line against tech giants by forcing them to do more to ensure a level playing field, a senior European Commission official said on Tuesday, a move which could affect Facebook, Amazon, Apple and Google.
Amazon.com has secured the rights to broadcast top European soccer Champions League matches for the 2021/22 season in Germany, the U.S. company said on Tuesday.
U.S. disruption of the global economic order reaches a major milestone on Tuesday as the World Trade Organization (WTO) loses its ability to intervene in trade wars, threatening the future of the Geneva-based body.
Malaysian Prime Minister Mahathir Mohamad is hopeful of reaching an out-of-court settlement with Goldman Sachs over the 1MDB scandal soon, but that compensation of “one point something billion” dollars offered by the bank was too small.
Domino’s Pizza Group on Tuesday said its long-serving Chairman Stephen Hemsley will step down from the board, four months after the British pizza delivery chain announced retirement of its chief executive officer.
Global stock markets fell for a second day on Tuesday, as caution over a Dec. 15 deadline for the next round of U.S. tariffs on Chinese imports weakened risk appetite and limited outsized market moves.
British engineering company Rolls-Royce said Bradley Singer, a representative of its largest shareholder the activist investor ValueAct Capital, has resigned from its board, weakening the stock.
Amazon.com has secured the rights to broadcast top European soccer Champions League matches for the 2021/22 season in Germany, the U.S. company’s second biggest market, the DWDL media trade website reported on Tuesday.
France’s markets watchdog AMF said on Tuesday it has fined U.S bank Morgan Stanley 20 million euros ($22 million) for manipulation of sovereign bonds.
Japan’s markets watchdog said on Tuesday it has recommended that the country’s financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over the underreporting of former Chairman Carlos Ghosn’s compensation.
Cboe Global Markets has agreed to buy EuroCCP, giving the exchange operator full control over the equity clearing house.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
