Laura Board is The Deal’s international editor. Based in London, she leads a team producing news and features on corporate finance and regulation from Brussels to Brisbane. Board joined the The Deal shortly after its 1999 launch from the Financial Times. Before that, she worked at Bloomberg News in Frankfurt and London and at Retail Week. She speaks French, Italian, German and Spanish.
The Ministry of Commerce intervention comes after Didi predicted the union wouldn't require regulatory approval.
The Markit/CIPS report follows better-than-expected manufacturing-sector data on Thursday and will allay post-Brexit vote worries about a steep downturn.
Oil prices recover, and U.S. futures are flat before monthly payroll numbers.
Bank stocks continue to rise across Europe on consolidation hopes.
The Markit/CIPS index adds to a body of relatively rosy recent data from Britain more than two months on from the Brexit vote.
Reports from the National Bureau of Statistics and a private-sector survey from Caixin/Markit both point to a stabilization in factory-gate prices.
Top executives of both lenders highlight the need for consolidation in the banking sector
News of weaker-than-expected price growth comes before the ECB meets next week to set rates.
Deutsche Bank CEO Cryan says a transaction is 'probably not an option' for now, while stating that European banks must tie up.
GfK's closely watched sentiment barometer rises more than expected after steep post-Brexit falls, while Nationwide's house price index unexpectedly rises on the the month.
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