Bloomberg Consolidation in Italy’s banking industry will probably be postponed — again. Potential tie-ups were high on the agenda of the bankers who gathered in the northern town of Brescia for the Assiom Forex conference, but no one seemed ready to take the first step. The current regulatory framework and Italy’s poor economic prospects will probably delay deals that analysts …

Bloomberg Deutsche Bank AG and SSG Capital Management have made a joint bid for an Indian power producer’s debt of 60 billion rupees ($842 million), according to a person familiar with the matter. The consortium has submitted a binding bid of about 31 billion rupees for the delinquent debt of Chennai-based Coastal Energen Pvt, the person said, asking not to …

Bloomberg Denmark and Switzerland have long shared the world record in negative interest rates, at minus 0.75%. But that may be about to change. Economists at some of the biggest Nordic banks say Denmark, which pegs the krone to the euro, is likely to raise its key rate in the coming months. Not long ago, they thought a cut was …

Bloomberg Irish stocks slid on Monday after polls put Sinn Fein in place for a possible role in government, fuelling declines in banks and property shares given that the party’s policies include a wealth tax and a freeze on residential rents. The benchmark ISEQ Index slid as much as 1.4%, with Bank of Ireland Group Plc and AIB Group Plc …

Bloomberg The first time Germany auctioned offshore wind projects, developers were happy to forgo any subsidies, confident the technology was robust enough to turn a profit unaided. Now, they’re not nearly so sure. Germany’s offshore wind giants now are looking at a UK programme that would ensure they get paid enough for their power, no matter what wholesale prices are …

Bloomberg US equity futures fluctuated and stocks in Europe and Asia declined on Monday as investors struggled to gauge the economic hit from the spreading coronavirus while preparing for more corporate earnings. Treasuries and European bonds turned higher. Contracts on the three main American equity indexes swung between modest gains and losses. Travel and oil stocks helped pull the Stoxx …

Bloomberg India stocks fell, tracking peers across Asia, as appetite for risk remained subdued in the region. The S&P BSE Sensex declined 0.4% to 40,979.62 in Mumbai, its lowest level since February 4, while the NSE Nifty 50 Index slipped 0.6%. Markets across Asia traded in the red as investors weighed the impact from coronavirus on economic activity. Of the …

Bloomberg The coronavirus outbreak in Asia is starting to ripple through the cryptocurrency world in some unanticipated ways — the cancellation of conferences and even the shuttering of facilities that process transactions. From the informal MeetUps held during the initial days of Bitcoin to the extravaganzas at the height of the crypto bubble, gatherings have been a key for wooing …

Bloomberg Embraer SA’s top salesman expressed his concerns about European Union (EU) regulators for holding up an agreement to sell the company’s commercial plane business to Boeing Co. “I am better at supporting my team in designing and building and selling new aircraft than I am at the tedious environment or the structured environment of going through antitrust approval,” John …

Bloomberg Airbus SE is in talks to buy out Bombardier Inc’s stake in the A220 jetliner program, according to people familiar with the matter. The negotiations between the companies are at an advanced stage, said the people, who asked not to be identified because the talks are private. The deal could be announced as early as this week, with both …