UBS CEO says digital euro not risky if done properly

MILAN (Reuters) – A digital euro would carry benefits in terms of “fast and cheaper” execution as well as trustworthiness, UBS Chief Executive Ralph Hamers said on Tuesday. “It would […]

DAZN introduces premium accounts, tightens device rules in Italy

MILAN (Reuters) -Sport streaming app DAZN will introduce a premium subscription and tighten rules on access to its services in Italy as it strives to boost revenue after a multi-billion […]

Nexi strikes $412 million buy of BPER’s retailer payment business

MILAN (Reuters) – Italian payments group Nexi has agreed to buy the shop payments business of BPER Banca and Banco Di Sardegna in a deal worth up to 384 million […]

Global regulators push ahead with crypto bank capital rules

By Huw Jones LONDON (Reuters) – Global regulators said on Tuesday they will complete work by year end on how much capital banks should hold to cover cryptoassets on their […]

Spain to spend 12.25 billion euros on microchip industry

MADRID (Reuters) – Spain’s government has approved a plan to spend 12.25 billion euros ($13.12 billion) on the semiconductor and micro chip industry by 2027, Economy Minister Nadia Calvino said […]