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EU delays combustion engine ban vote amid German demur

BLOOMBERG The European Union (EU) delayed a key vote on an effective ban on combustion-engine cars after Germany unexpectedly voiced last-minute objections amid concerns about how the bloc’s green plans will affect industry. EU and German officials are in talks over how to reach a compromise over allowing the use of e-fuels in new cars after 2035, and there were ...

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Retail flows may double in boost for India stocks

BLOOMBERG Local retail investments may help double the assets in India’s monthly stock plans in five years, and cushion the market from any selloffs by foreign investors, according to Edelweiss Asset Management Ltd. Assets invested monthly in the so-called systematic investment plans — a vehicle widely used by retail investors — could grow to about $4 billion by 2028 as ...

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Stocks head for weekly gain as bonds pause declines

BLOOMBERG European shares rose on Friday along with global stocks as investors took comfort in underlying economic strength and started March on a high note. Bonds halted declines. A gauge of European stocks climbed 0.6% and headed for a weekly gain. S&P 500 futures ticked higher after the underlying gauge clawed back a weekly loss. Asian equities rose about 1%, ...

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