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Exclusive: India to push G20 to raise share of taxes on firms where they earn excess profit - sources

India will push its Group of 20 partners at a meeting it is hosting to support its proposal to raise the share of taxes multinational companies pay to countries where they earn "excess profits", government officials said.

Exclusive: China invites global investors for rare meeting as economy sputters

China's financial regulators have invited some of the world's biggest investors to a rare symposium next week, three sources said, seeking to encourage foreigners to keep investing in the world's second-largest economy despite its recent weakness and rising geopolitical tensions.

Citigroup profit drops 36% as trading slump casts cloud over earnings

Citigroup beat analysts' estimates for second-quarter profit on Friday as higher interest payments from borrowers partly countered a blow to its Wall Street businesses from a slump in trading.

Italy looking to boost loyalty shares scheme to help Milan bourse

Italy is looking to boost the ability of listed companies to issue shares with enhanced voting rights, a Treasury official said on Thursday, as part of efforts to stop a steady flight of businesses from Milan to the Netherlands.

UK watchdog fines Bastion Capital $3 2 million over cum-ex trading

Bastion Capital London, a now-defunct broker that traded over 70 billion pounds ($90 billion) worth of Danish and Belgian stocks for hedge fund Solo Group clients, has been fined for serious crime control failings in the latest London "cum-ex" crackdown.

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