Everyone in European finance has been abuzz over an obscure acronym — MiFID II — that’s about to radically change how assets from stocks to commodities are traded and investors’ money is managed. Banks and asset managers across the European ... Lire

10.11.2015 Alibaba Group Holding Ltd. logged a record 91.2 billion yuan ($14.3 billion) in sales on Singles’ Day, turning a sweethearts’ holiday dreamed up two decades ago into a major online shopping event. Transactions had passed last year’s record of ... Lire

Congress passed a two-year bipartisan budget plan that avoids a default on U.S. debt, increases spending on domestic and defense programs and ends months of turmoil among House Republicans. The 64-35 Senate vote early Friday, following House passage two days ... Lire

27.10.2015 South Africa shouldn’t change its constitution to enable a sitting president to stand for a third term in office, President Jacob Zuma said. “We are very clear about the two terms,” he said in an interview at his residence ... Lire

27.10.2015 To opposition deputy chief Selin Sayek-Boke, Turkey’s current leaders run a “vulgar, oppressive, statist economy” that isn’t transparent about spending, fails to follow through on promised reforms and imposes the wrong kind of taxes. And her party would be ... Lire