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India’s Modi defends new farm laws

Bloomberg India’s Prime Minister Narendra Modi defended his government’s new laws that seek to deregulate food procurement, as tens of thousands of farmers continue to protest on the outskirts of capital New Delhi. Modi listed government measures taken to improve procurement and called on state administrations implementing the laws to explain them to farmers. He blamed opposition parties for fuelling ...

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Biden seeks negotiations with Venezuela’s Maduro to end crisis

Bloomberg President-elect Joe Biden’s advisers are preparing for potential negotiations with Nicolas Maduro’s regime in Venezuela in an effort to end the Western Hemisphere’s worst economic and humanitarian crisis, according to three people familiar with the matter. The Biden administration intends to push for free and fair elections, offering sanctions relief in return, said the people, who requested anonymity because ...

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Europe’s big banking mergers are coming in 2021, says BofA

Bloomberg The creation of a European banking champion could be among a slew of transformative deals in the sector next year, according to top financial dealmakers at Bank of America Corp. The region’s banking industry is suddenly abuzz with transactions, driving merger and acquisition volumes up 27% year-on-year to $37 billion since the start of July, data compiled by Bloomberg ...

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