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City faces another post-Brexit blow as EU moves to restrict some trade

The City of London is facing another blow to its post-Brexit dominance after the EU moved to require businesses to settle more transactions reducing financial risk within the bloc. The plan focuses on transactions in securities called derivatives and on financial market clearing houses, the intermediaries that enable the transfer of funds to sellers and …

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After Swift Return, Iger Faces Disney's Long-Term Challenges

After Swift Return, Iger Faces Disney’s Long-Term Challenges

Robert A. Iger moved at the speed of light on two fronts in his first 24 hours as new-former Disney CEO. He sought to restore stability – bringing the core leadership team closer together, exuding a patriarchal sense of security in a company-wide email – while announcing organizational and operational changes designed to “honor and …

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EU plans subsidy war chest as industry faces 'existential' threat from US

EU plans subsidy war chest as industry faces ‘existential’ threat from US

Press play to listen to this article Expressed by artificial intelligence. The EU is in emergency mode and preparing a major subsidy campaign to prevent European industry from being wiped out by US rivals, two senior EU officials have told POLITICO. Europe faces a double hammer blow from the United States If it weren’t enough …

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