By Huw Jones LONDON (Reuters) – Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union’s pending banking law if Europe wants to avoid missing a globa[...]
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February 20, 2023
Germany to accelerate power market reform, minister says
By Vera Eckert FRANKFURT (Reuters) -Germany will do most of the work this year to prepare its power market for greater reliance on renewable supplies by the end of the decade, Economy Minister Robert[...]
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Uber to introduce EVs in India in push to clean cars
By Aditi Shah NEW DELHI (Reuters) -Uber Technologies said on Monday it will introduce electric vehicles (EVs) in India for ride-sharing, its first move to adopt clean cars amid an Indian government pu[...]
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Ericsson to cut 1,400 jobs in Sweden
STOCKHOLM (Reuters) -Telecoms gear maker Ericsson plans to cut about 1,400 jobs in Sweden as part of a broader plan to reduce costs globally, it said on Monday. The company had earlier announced plans[...]
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Italy working on measures to boost Milan bourse’s allure
By Giuseppe Fonte ROME (Reuters) – Italy is readying measures to address the issues holding back the country’s capital markets and reinforce the role of the 200-year-old Borsa Italiana, ac[...]
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VW’s China JV with SAIC names Jia Jianxu as its new head
SHANGHAI (Reuters) – Volkswagen’s joint venture with China’s SAIC Motor said on Monday it had appointed Jia Jianxu, a veteran executive at the state-owned Chinese automaker, as its n[...]
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OPEC+ decisions not politicised, Saudi energy minister says
RIYADH (Reuters) – Decisions by OPEC+ are not politicised and are based on market fundamentals, Saudi Arabian energy minister Prince Abdulaziz bin Salman said on Monday, adding that the alliance[...]
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Motor racing-Multiple F1 teams contact Honda for 2026 partnership
By Alan Baldwin (Reuters) – Several teams have approached Honda about a partnership when Formula One’s new engine era starts in 2026 but no decision has been taken about future involvement[...]
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Pakistan current account deficit falls to $0.2 billion in Jan – cenbank
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan’s current account deficit (CAD) dropped to $0.2 billion in January 2023, down 90% from last year as the rupee’s depreciation slowed d[...]
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