BLOOMBERG The UK is proposing “significant changes to the listing rulebook” in a bid to make London more attractive as a financial centre with its moribund capital markets stoking fears about the city’s ability to compete with New York and Asian hubs. The Financial Conduct Authority (FCA) wants to replace its premium and standard listing categories with a single offering ...

BLOOMBERG For decades, Europe’s commodity traders have avoided being regulated on par with other financial firms. A new proposal currently working its way through the European Union (EU) legislative system could change that. As part of a package updating its landmark MiFID II regulations on financial markets, the European Parliament has proposed to review its “ancillary activities exemption,” according to ...

BLOOMBERG CVS Health Corp cut its earnings forecast for the year as it looks to pay for two major acquisitions that are central to its strategy of broadening its health-care services. Adjusted profit for 2023 will be $8.50 to $8.70 a share, Woonsocket, Rhode Island-based CVS said in a statement, a decrease of 20 cents across the range from its ...