UK pushing to include Bitcoin under money-laundering rules
LONDON (Reuters) – Britain wants to increase regulation of Bitcoin and other digital currencies by expanding the reach of European Union anti-money-laundering rules that force traders to disclose their identities and report suspicious activity.
French bank Natixis bets on fixed-income, equity derivatives to grow Asia sales
HONG KONG (Reuters) – Natixis SA aims to boost Asia’s share of its corporate and investment banking sales to more than 15 percent over the next couple of years, as the French bank expands in areas such as fixed-income and equity derivatives, its chief…
Dialog says Apple can build its own power-management chips
FRANKFURT (Reuters) – Dialog Semiconductor on Monday said top customer Apple could design its own power-management chips rather than rely on the Anglo-German chipmaker but said it saw no impact on its business next year.
UK’s Pendragon to sell U.S. Motor Group business
LONDON (Reuters) – British car dealership Pendragon is to sell its U.S Motor Group business after concluding a strategic review following a profit warning, it said on Monday.
Confusion reigns as banks scramble to price FX, bond research under EU markets revamp
LONDON (Reuters) – How much are you worth? For the FX and bond analysts covering the world’s biggest markets, how much to charge for their time and research remains in question just a month away from sweeping new rules that require fund managers to pay…
Pendragon to sell U.S. Motor Group business
LONDON (Reuters) – British car dealership Pendragon is to sell its U.S Motor Group business after concluding a strategic review, it said on Monday.
Philippines orders probe into Sanofi dengue vaccine for 730,000 children
MANILA (Reuters) – The Philippines ordered a probe on Monday into the immunization of more than 730,000 children with a vaccine for dengue that has been suspended following an announcement by French drug company Sanofi that it could worsen the diseas…
Dollar gains on U.S. tax cut progress; Brexit deal eyed
SYDNEY (Reuters) – The U.S. dollar bounced to a two-week top on Monday and S&P futures jumped as traders marked the passage of a Senate tax bill over the weekend, a move that raises the risk of more aggressive rate hikes in the world’s largest economy.
Uber joins forces with global public transport association
BRUSSELS (Reuters) – Ride-hailing app Uber [UBER.UL] said on Monday it was joining a global public transport association to improve mobility in the cities it operates in.
Rio Tinto holds course as it looks inward for new chairman
SYDNEY (Reuters) – Global miner Rio Tinto signaled on Monday it will stick with its “value over volume” strategy, outlining further moves to boost shareholder returns and appointing a new chairman from within its board.
