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Europe’s bankers aren’t ready for marriage now

After a year-long pause, the euro zone seems ready to resume talks over the completion of a “banking union”. The project — which includes creating a single deposit insurance scheme for all the bloc’s lenders — would go a long way towards boosting the resilience of Europe’s financial system. For all the good intentions, however, the zeitgeist in the monetary ...

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Britain, Europe need Brexit talks to succeed

UK Prime Minister Boris Johnson is visiting Brussels for last-ditch talks with Ursula von der Leyen, head of the European Commission, on Britain’s future trading relationship with the European Union. In truth, with countless deadlines already broken and forgotten, there’s no last ditch. Regardless of what happens this week, Brexit promises a perpetual supply of new ditches — extending as ...

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Alibaba’s shopping culture fails to lure Europe buyers

Bloomberg Live streaming by Chinese influencers like Wei Ya and “lipstick king” Li Jiaqi, peddling everything from skincare products to toilet paper, lured millions to Alibaba Group Holding Ltd’s biggest binge-shopping day last month, posting a record $75 billion in sales. In Europe, the event barely made a ripple. While Alibaba’s Tmall platform in China logged 583,000 orders in one ...

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