GDANSK, Dec 17 (Reuters) – Poland’s financial watchdog KNF said on Wednesday it had taken legal steps over suspected market abuse in the trading of Energa shares, including possible insider dealing and unlawful disclosure of inside information. The case concerns trading in Energa’s shares that took place before refiner Orlen disclosed after the market close …
Dec 17 (Reuters) – UK stocks closed higher on Wednesday, led by gains in home builders and bank shares, as lower-than-expected domestic inflation reinforced expectations that the Bank of England will cut interest rates. The UK’s blue-chip FTSE 100 closed up 0.9%, rebounding after losses in the previous session. The midcap FTSE 250 index added …
UK stocks end higher as banks, home builders lead rally ahead of BoE rate decision Read More »
By Angelo Amante and Giuseppe Fonte ROME, Dec 17 (Reuters) – Italy and France on Wednesday said they were not ready to back a trade agreement between the European Union and the South American trade bloc Mercosur, dealing a blow to hopes of finalising the deal in the coming days. European Commission President Ursula von …
Italy, France say it is ‘premature’ to sign EU-Mercosur trade deal Read More »
By Barbara Erling WARSAW, Dec 17 (Reuters) – Poland is prioritising the reinforcement of its own army over joint European purchases under the European Union’s SAFE programme, with most funds set to go to domestic firms, a Polish official said. The Security Action for Europe initiative aims to strengthen the EU’s defence industry through a …
Poland prioritises domestic arms purchases under EU SAFE programme Read More »
By Mathieu Rosemain PARIS, Dec 17 (Reuters) – British defence, marine and industrial firm Inocea Group is in talks to buy warship builder German Naval Yards Kiel (GNYK), a person familiar with the matter said, highlighting growing demand for defence assets fuelled by geopolitical tensions. The interest suggests bidding competition for GNYK, given the CEO …
UK’s Inocea Group eyes acquisition of Germany warship builder GNYK, source says Read More »
By Karen Brettell Dec 17 (Reuters) – The recent crypto market bust has left some investors more cautious, after hitting some of the hottest and most-hyped corners of the industry the hardest. It may also provide a boon to emerging strategies that seek to more actively manage risks. The universe of crypto investment alternatives has …
Analysis-Crypto investors show caution, shift to new strategies after crash Read More »
FRANKFURT, Dec 17 (Reuters) – The European Central Bank proposed on Wednesday to extend the term of board member Frank Elderson as the Vice Chair of the ECB’s bank supervision arm, it said in a statement. Elderson is currently serving a five-year term on the Supervisory Board and this extension will last until he leaves …
ECB proposes extending Elderson’s mandate at bank supervision arm Read More »
By Mark Trevelyan LONDON, Dec 17 (Reuters) – U.S. gaming platform Roblox is willing to make changes to some of its features in Russia, it said on Wednesday, as it seeks to overturn a ban imposed on it earlier this month. Communications watchdog Roskomnadzor announced the ban on December 3 on grounds of child safety, …
US gaming platform Roblox pledges changes to get Russian ban lifted Read More »
WASHINGTON, Dec 17 (Reuters) – The U.S. Trade Representative on Wednesday announced the implementation of tariff-related elements in a trade agreement framework reached with Switzerland and Liechtenstein in November. The tariff rates announced on November 14 will be retroactive to that date, according to a post in the Federal Register. The notice amends the U.S. …
US confirms tariff elements of trade deal with Switzerland Read More »
STOCKHOLM, Dec 17 (Reuters) – Start-up Sweden Ballistics has received approval from Sweden’s Land and Environmental court to start building a plant to produce the explosive TNT, it said on Wednesday, as part of efforts to boost munitions production in Europe. Europe has increased production of artillery shells to supply to Ukraine in its defence …
Swedish explosives start-up gets permit for TNT factory Read More »
