Wed, Nov 27, 2024 9:14 PM
Trump Administration May Shift Crypto Regulation to CFTC
A Flip by Shubhangi Gupta
French banking stocks plummeted as a political standoff in France sent country's bond risk to levels not seen since the euro-area debt crisis, with BNP Paribas, Societe Generale, and Credit Agricole among the worst performers in European financials. French lenders have missed on this year's rally in European banking equities due to investor concerns over country's political and financial outlook.
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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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