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Dec 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

EU regulators

BlackRock's Fink wants more sustainability data from private cos
Business & Finance

BlackRock's Fink wants more sustainability data from private cos

  • "If large private companies are not held to the same level of scrutiny as public companies, we will create an unintended incentive to shift carbon-intensive assets to markets with less transparency and, often, less regulation," Fink wrote.
  • Fink's language was more specific than in a January memo in which he said climate disclosures "should be embraced" by large private companies.
Published 07 Apr, 2021 06:49pm
Paris, EU near deal on Air France bailout conditions: report
Business & Finance

Paris, EU near deal on Air France bailout conditions: report

  • The expected deal would see Air France give up fewer airport flight slots at its Paris base than initially sought by the European Commission, notably at Orly airport, the newspaper said in a report published late on Friday.
  • The Air France-KLM group recorded a 7.1 billion euro ($8.38 billion) net loss for last year.
Published 27 Mar, 2021 05:47pm
EU regulators team up with US and UK on pharmaceutical mergers
World

EU regulators team up with US and UK on pharmaceutical mergers

  • The COVID-19 pandemic and vaccine supply bottlenecks have spurred regulatory interest in the pharmaceutical industry which has seen a wave of consolidation in recent years.
  • The EU competition enforcer said greater scrutiny of pharmaceutical deals was needed to single out those that might lead to higher drug prices, lower innovation or anti-competitive conduct.
Published 16 Mar, 2021 09:18pm
ECB tells banks to properly staff Brexit hubs in EU
Business & Finance

ECB tells banks to properly staff Brexit hubs in EU

  • Bankers have said that the travel restrictions due to the pandemic have made it harder to shift staff to new locations, but EU regulators are running out of patience.
  • "One key issue for our attention is that we have sufficient strategic and risk-management capacity onshore here. We are not there yet, for some banks we are but not for all the banks," Enria said.
Published 28 Jan, 2021 06:53pm