Cboe buys EuroCCP to bolster Dutch EU base after Brexit
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.
‘Symmetric,’ now a Fedspeak staple, may point to endgame for U.S. framework debate
After 14 conferences, a couple dozen research papers and presentations and some very dense math, the Federal Reserve’s hunt for a better way to reach its inflation target may boil down to a single word: symmetric.
Irish court lifts restriction on Ryanair profit target
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 ‘modestly positive’ on risk assets for 2020
BlackRock Investment Institute said on Tuesday it was cautiously rotating into cyclical assets, Japanese equities and emerging markets.
Oil prices drop as trade war concerns haunt market
Oil prices slipped for a second straight day 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 mull tougher line against tech giants
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 G…
Amazon secures top Champions League rights for Germany
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. trade offensive takes out WTO as global arbiter
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.
Exclusive: Malaysia’s Mahathir hopeful of 1MDB settlement with Goldman soon
Malaysian Prime Minister Mahathir Mohamad is hopeful of reaching an out-of-court settlement with Goldman Sachs over the 1MDB scandal soon, but he said compensation of “one point something billion” dollars offered by the bank was too small.
Domino’s Pizza chairman Stephen Hemsley to step down
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 the retirement of its chief executive officer.
