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New UK banking watchdog to review impact of rules on competitiveness
Musk's public endorsement of a potential $3.5 trillion SpaceX-Tesla merger has rattled some insiders involved in discussions, who worry it could invite shareholder scrutiny and delay the process by several weeks, according to a source. Read more here
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US stocks tumbled and the Nasdaq posted its steepest daily drop since June as a batch of high-profile earnings reports ignited fresh fears about the AI spending race. Know more here
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French bond pain puts euro zone's weak links on notice
Swedish central bank revives e-krona debate as digital euro, stablecoin threat grows
New UK banking watchdog to review impact of rules on competitiveness
Breakingviews - COMMENTARY: Lab testing LBO offers murky result for both sides
WATCH: The cost of France's 10-year government borrowing passed 5% as ongoing protests add to concern about the country's ability to repair its public finances. Chris Beauchamp of IG warned that the trends may be a 'warm up for Germany'
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France is a much smaller share of the global economy than it used to be. George Buckley from Nomura told Reuters that France remains an economic and policy player in Europe, and if anything goes awry there, it inevitably affects sentiment across the region
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