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UK watchdog issues warning about 111 unregistered crypto asset firms
Britain’s markets watchdog said that more than 100 unregistered crypto asset firms posed a risk to the broader financial system. They had warned the...
EU watchdog tells banks to have a 10-year climate plan
Banks in the European Union must have a 10-year plan about their way of dealing with environmental, social and governance (ESG) risks to their...
GKN owner Melrose to return $1 BLN to shareholders after Nortek sale
Britain’s Melrose Industries laid out plans to return about 730 million pounds in cash to its shareholders after the company sold its Nortek Air...
SoftBank shrinks robotics business, stops Pepper production
SoftBank Group Corp is slashing jobs at its global robotics business. It has stopped producing its Pepper robot, as the conglomerate downgrades its industry...
GFG Alliance says it can pay back creditors after major restructuring
The GFG Alliance owned by commodities tycoon Sanjeev Gupta said that it was progressing with a major restructuring, and that will allow it to...