EUR/USD
1.15971
-0.020%
Gold
4075.05
-1.209%
Oil
58.601
1.858%
USD/JPY
151.919
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GBP/USD
1.33527
-0.121%
GBP/JPY
202.855
-0.120%
Real-time News
Dominican Republic: Signed an agreement with Nvidia (NVDA.O).On October 22nd, the UK Competition and Markets Authority (CMA) designated Apple (AAPL.O) and Googles parent company, Alphabet (GOOG.O), as having a "strategic market position" on Wednesday, meaning the mobile ecosystems of these two US tech giants will face stricter scrutiny from UK antitrust regulators. The CMA noted that Apple and Googles near-total monopoly position in mobile operating systems, app stores, and mobile web browsers qualifies them for this designation. The move is based on stricter competition rules for digital markets that came into effect earlier this year. In response on Wednesday, Oliver Bethell, Googles senior director of competition, called the decision "disappointing, disproportionate, and unfounded." An Apple spokesperson stated in a statement that the UKs adoption of EU-style regulation would undermine its product and service development efforts and lead to a decline in user privacy and security protections.The United Nations says 12 international staff held in Yemen have left Sanaa.Ukrainian President Zelensky: Ukraine intends to jointly produce drones with Swedens Saab.On October 22nd, European Central Bank President Christine Lagarde stated that the European Union must further integrate financial trading, which is currently fragmented across hundreds of exchanges. Speaking at the Frankfurt Finance and Future Summit on Wednesday, she highlighted the current situation of 295 trading venues, 14 central counterparties, and 32 central securities depositories within the EU in 2023 as a problem that policymakers must "address and consolidate," signaling her support for a similar initiative recently proposed by German Chancellor Angela Merz. Lagarde emphasized that "this fragmentation drains liquidity, makes European markets less attractive to listed companies, and forces them to seek capital abroad." She further noted that "this fragmentation is particularly acute at a time when finance is more crucial than ever for Europes ambitions," citing investment needs in renewable energy and security sectors as evidence of her view.
