ESMA and regulators across the EU are keeping a hawk eye on the mountain of cross border derivative contracts that go beyond Brexit. According to a top regulator from the European Union, the EU may not have enough time to… Read More ›
EU
Poland chooses green energy over nuclear
Poland decision is likely to enable it to meet EU’s CO2 emission reduction targets, and improve its ties with Brussels while creating green energy jobs in the country. According to sources familiar with the matter at hand, Poland’s state-controlled PGE… Read More ›
Bayer gets Russia’s nod for its $66 billion acquisition of Monsanto
Bayer has already received approval from the EU, Australia, Brazil, China; Russia now adds to this list. In a development that aids Bayer’s $66 billion acquisition of Monsanto, it has now got approval from FAS, Russia’s antitrust regulator, for its… Read More ›
Tentative compromise in sight in Nestle’s row with EU retailers
6 EU retailers are said to have reached a tentative compromise deal with Nestle. On Tuesday, Swiss news daily Frankfurter Allgemeine Zeitung stated, Nestle and Edeka, a German grocer, are negotiating a new contract having reached a tentative compromise in… Read More ›
Bayer gets antitrust approval from U.S. Justice Department for its $62.5 billion acquisition of Monsanto
The combined company will control more than a quarter of the world’s seed and pesticide market. With the U.S. Justice Department giving the green signal to Bayer AG’s bid to acquire Monsanto Co for $62.5 billion deal, with both companies… Read More ›
Ford’s wholly owned subsidiary receives license to set up a bank in Germany
Ford Credit Europe (FCE), a wholly owned indirect subsidiary of Ford can now continue to service business customers, dealers, fleets and retailers, in Britain and other countries in Europe. A spokesman for Ford stated, its application to set up a… Read More ›
Chinese steel industry to cooperate with EU probe on imported steel
Faced with two fronts, the China’s steel industry perhaps could be persuaded to adequately alter its production and trading policy. The imposition of EU tariffs on Chinese steel could complicate matters if not significantly alter the face of the industry…. Read More ›
Stocks markets across the world bounce back on easing trade war fears
News of U.S. Treasury Secretary Mnuchin planning a visit to China had eased fears of a trade war between the two giant economies. With the United States and China set to negotiate on trade, fears of trade wars between two… Read More ›
Bayer snags EU’s antitrust approval for its $62.5 billion acquisition of Monsanto
While Bayer has already received approval from Brazil and conditional approval from China, its acquisition of its peer Monsanto is currently awaiting review by Russian and U.S antitrust authorities. In the latest mega mergers that will reshape the agrochemicals industry,… Read More ›
EU firms scaling back their presence in UK
Lack of clarity on the UK’s long term relationship with EU is clouding supply chain decision-making beyond March 2019, the date the UK will formally break relationships with the EU. As per a survey, 1 in 7 business from EU… Read More ›
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