(Bloomberg) — German Finance Minister Christian Lindner reiterated that European Commission proposals for overhauling EU debt rules are “still only a first step” in the reform process and changes will need to be made before the government in Berlin is satisfied.
A sharp selloff in several Korean gas stocks this week due to margin calls prompted the regulator to clamp down on the mounting risks posed by leveraged equity trading.
Kingspan Group Plc plans to delist from the London Stock Exchange, marking another potential high-profile departure from the flagship UK market.
Amundi SA posted surprise outflows in the first quarter, even as the firm’s expense controls helped it post higher-than-expected profit.
Iron ore futures in Singapore were on track for the largest monthly decline since October as demand uncertainties flare, while a top global steelmaker warned conditions will remain tough for the rest of the year.
Singapore wealth fund GIC Pte is buying a portfolio of Japanese logistics assets from Blackstone Inc. for more than $800 million, in a deal that the US investment firm said was among the largest of its kind in the nation.
Adani Cement Industries Ltd. has pre-paid $200 million in the past week, helping pare a $1 billion mezzanine loan taken from global banks to fund the purchase the Indian units of Holcim Ltd., people familiar with the matter said.
With Twitter mired in confusion over check marks, subscriptions and an ever—increasing number of seemingly haphazard decisions by the platform’s owner Elon Musk, some users are searching for alternatives.
Mercedes-Benz AG said its order backlog will support sales in the coming months in a subdued global economy where demand in Europe is falling behind strong US and Chinese markets.
SMBC Nikko Securities Inc. extended its losses to a fourth straight quarter as the brokerage arm of Japan’s second-largest banking group pointed to rising costs and struggles to recover from a trading scandal.
