Consolidation may cut the number of wind turbine makers in China, the world’s largest wind market, by two thirds in the next five years as oversupply pressures grow, according to an industry association.
Danske Bank A/S, which is being investigated for rigging mortgage bond prices, will step up efforts to ensure its traders comply with the rules after being fined by Nasdaq OMX for placing fake orders in AstraZeneca Plc.
Sanctions over Ukraine may threaten Russia’s investments in assets denominated in euros and U.S. dollars, Economy Minister Alexei Ulyukayev said, urging the use of the nation’s wealth funds for domestic projects.
Finland’s financial regulator is questioning a government proposal to enforce a more lenient cap on mortgages than the International Monetary Fund says is needed to support the Nordic region’s only euro member.
European Union governments will hold further discussions in June about a proposal to make supply in the world’s biggest carbon market more flexible, according to two people with direct knowledge of the matter.