Wed, Nov 27, 2024 9:11 PM
France’s Banking Stocks Hit By Worsening Sovereign Bond Woes
A Flip by Shubhangi Gupta
Reports indicate that President-elect Donald Trump’s incoming administration is considering a significant shift in crypto regulation, potentially empowering the Commodity Futures Trading Commission (CFTC) to oversee certain digital assets. According to Fox Business, this move could dilute the authority of the Securities and Exchange Commission (SEC) in the realm of cryptocurrency regulation.
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The German cabinet on Wednesday approved a package of measures to promote startups and improve access to capital markets, government sources told Reuters, though it is unclear whether it will also be green-lit by parliament before February elections. The so-called Second Financing for the Future Act is intended in particular to improve the tax framework for investments in venture capital.
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Afcons Infrastructure, a recently listed company from the Shapoorji Pallonji group, has reported renewed traction on bourses after its Q2 result was declared over the past weekend. Though the company reported year-on-year fall in revenue due to seasonal weakness, margin improvement and traction in order book were key positives. The stock has gained around 7% over the IPO price since its listing.
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