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UK urges EU rethink on ‘damaging’ equity markets plan amid Brexit

Anti brexit protest in london

Bloomberg Equity markets will face significant damage in a no-deal Brexit unless the European Union reverses a plan to block traders in its home territory from using London exchanges, the UK’s top market watchdog said. Andrew Bailey, the Financial Conduct Authority’s chief executive, called on the EU to urgently rethink its position before October 31, when Britain is scheduled to ...

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US likely not to hike auto tariffs on Japan

Bloomberg Japan and the US are working towards a joint leaders’ statement that would include a US promise not to hike tariffs or introduce quotas on Japanese cars, the Tokyo Shimbun newspaper said. The statement is set to be issued after a meeting between President Donald Trump and Japanese PM Shinzo Abe in New York, the paper said. The two ...

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Lawmakers seek intel from customers in Big Tech probe

European competition commissioner fines google 2.4 billion euros for abusing search engine dominance

Bloomberg A House panel investigating big tech companies for potential antitrust violations is seeking information from customers of Amazon, Apple, Google and Facebook about the state of competition in digital markets and the adequacy of existing enforcement, according to documents reviewed by Bloomberg. It’s the latest development in the bipartisan congressional investigation being conducted by House antitrust subcommittee chair David ...

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