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No deal Brexit not appealing, but not excluded - EU's Dombrovskis

The European Union and Britain need to accelerate talks on a future trade deal since it was impossible to rule out there being insufficient progress in the talks, leading to a no-deal outcome, European Commission Vice President Valdis Dombrovskis said on Monday.

Global banks seek to contain damage over £1.6 trillion of suspicious transfers

Britain plans law to safeguard City of London's global standing

FTSE 100 sinks over 3% on lockdown fears, banks slide

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Key takeaways from the FinCen Files

Shares of the biggest global banks dropped on Monday after news reports said they allowed large sums of allegedly illicit funds to move through the financial system, despite red flags about the origins of the money.

Exclusive: Shell launches major cost-cutting drive to prepare for energy transition

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters.

UK watchdog says "painful lessons" to shape post-Brexit rules

Britain's regulators face "painful lessons" from reviews due in coming weeks that will also raise broader questions over how far consumers should be protected, the Financial Conduct Authority's departing CEO said on Monday.

Volkswagen ID.4 electric SUV to come with three years of unlimited charging

福利网站Volkswagen AG will provide owners of its ID.4 compact electric sport utility vehicle with three years of unlimited charging in the United States at no additional cost to the vehicle's price, the German automaker said on Monday.

Government aid, stock gains push U.S. wealth to pre-pandemic levels, Fed says

A rebounding stock market and massive federal aid payments pushed the net worth of U.S. households back to pre-coronavirus levels in the second quarter, the Federal Reserve reported on Monday, with savings accounts and equity portfolios both rising sharply despite the pandemic.

Nikola share slump deepens as founder resigns

福利网站Shares of electric-truck maker Nikola Corp tumbled as much as 30% on Monday after founder Trevor Milton stepped down following claims of nepotism and fraud by a Wall Street short-seller that have drawn interest from U.S. regulators.

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Markets

FTSE 100 » 5,804.29 -3.38%
Euro Stox » 1,385.22 -3.11%
S&P » 3,253.85 -1.98%
Nikkei 225 » 23,360.30 +0.18%
GB 10YR
+0.165
+0.007
DE 10YR
-0.520
+0.007
JP 10YR
+0.020
+0.007
GBP / USD » 1.2793 -0.94%
EUR / GBP » 0.9185 +0.12%
GBP / JPY » 134.0500 -0.69%

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