London / Reuters European Union regulators urged banks, investors and customers to take “timely action” to avoid disruption to cross-border derivatives and insurance contracts caused by Brexit. Britain leaves the EU in March 2019 and a “standstill” transition deal until the end of 2020 agreed last month won’t be formally ratified until October or later. “Contingency planning should consider timely ...

FRANKFURT / Reuters Springer Nature, the publisher of science magazines Nature and Scientific American, is planning to raise 1.2 billion euros ($1.5 billion) by selling new shares in an initial public offering (IPO), also providing an oppo-rtunity for its private equity owner to cash in. While buyout group BC Partners will sell some of its shares in the listing, German ...

Bloomberg Canada’s export financing agency is giving a vote of confidence to the nation’s economy even in the face of growing trade tensions, raising its projections for sales abroad in its semi-annual forecast report. Export Development Canada predicts the export of goods will grow 6 percent this year, up from a prediction of 4 percent growth six mon- ths ago, ...