Bloomberg Sweden’s government will start exploring the feasibility of having the country move to a digital currency, marking another step into the unknown for the world’s most cashless society. Per Bolund, financial markets minister, said a review is expected to be completed by the end of November in 2022. Anna Kinberg Batra, a former chairwoman of the parliament’s finance committee, …

Bloomberg Hungary left its monetary policy unchanged despite a slowdown in inflation and a rally in the forint, warning of continued risks to global investor sentiment amid a resurgence in coronavirus. The central bank kept the rate offered on required reserves at 0.6% and the overnight deposit rate at minus 0.05%, as forecast by all economists in a Bloomberg survey. …

Bloomberg Spain’s Unicaja Banco SA agreed to buy rival Liberbank SA in an all-share deal, adding to a flurry of deal-making in the nation’s finance industry. Unicaja will pay 1 new share for every 2.7705 of Liberbank shares, issuing as much as 1.08 billion euros of stock to fund the purchase, according to a statement. Unicaja shareholders will have 59.5% …

Bloomberg The New York Stock Exchange (NYSE) said it will delist three Chinese corporations to comply with a US executive order that imposed restrictions on companies identified as affiliated with the Chinese military. China Mobile Ltd., China Telecom Corp Ltd, China Unicom Hong Kong Ltd will be suspended from trading between January 7 and January 11, and proceedings to delist …

Bloomberg Benchmark indexes in the United Arab Emirates (UAE) climbed the most in the Middle East, tracking global stock rallies on optimism surrounding the rollout of coronavirus vaccines. Indexes in Oman and Israel also rise, while the main gauge in Egypt was unchanged. The Tadawul All Share Index in Riyadh dropped the most in the region, with 20 out of its …

Bloomberg As one of the most tumultuous years in oil’s history ends, a delicate task now lies ahead for Opec+. The alliance of producers led by Saudi Arabia and Russia must decide whether it can continue to restore crude supplies without disturbing the price recovery they spent most of 2020 working to achieve. Moscow believes that the group — which …

Bloomberg China and the US can open a “new window of hope” in bilateral ties in the new year, Foreign Minister Wang Yi said, urging Washington to resolve disputes through dialogue. “Our US policy will maintain continuity and stability and we are willing to develop China-US relations in a coordinated, cooperative and stable manner with the American side,” Wang was …

Bloomberg Airbus SE was close to delivering 560 planes to customers as of December 31, approaching the top end of its internal target in a year marred by the pandemic-induced collapse of air travel, according to people familiar with the matter. The European planemaker delivered close to 550 aircraft as of December 29, Bloomberg reported earlier. The final audited tally …

Bloomberg 2020 was a year the entire world changed, but one thing held steady in an elite corner of Wall Street: Goldman Sachs Group Inc. ended up on top. Goldman was the world’s top adviser on mergers and acquisitions (M&A) for the fourth consecutive year in 2020, and was the only bank with more than 30% of market share, according to …

Bloomberg Switzerland’s central bank spent 11 billion francs ($12.5 billion) on interventions in the third quarter, adding to an already-high tally that got the country labelled a currency manipulator by the US. The Swiss National Bank (SNB) acquired foreign currencies worth more than 100 billion francs win the first nine months of the year — the biggest sum since 2012 …