Economic news
Brussels set to disregard ECB warnings over stablecoin rules
European Commission poised to propose treating stablecoins issued outside bloc as interchangeable with EU versions
Italy’s Monte dei Paschi says ECB has approved Mediobanca takeover
Deal can proceed without need to clear thresholds for shareholder acceptance
Babcock shares top FTSE 100 as UK defence contractor raises profit targets
UK company reaps benefits of higher military spending amid heightened geopolitical tensions
Whale-watching the stablecoin trade in ersatz roubles for sort-of dollars
Is $9.3bn a lot of money?