EU antitrust regulators to probe UPM (UPM FH), and Sappi paper deal, sources say
The probe into UPM and Sappi's paper deal by EU antitrust regulators indicates heightened scrutiny on potential anti-competitive practices, which could lead to operational disruptions for the companies involved.
Barclays (BARC LN) has chosen not to challenge a GBP 9bln car finance mis-selling scheme drawn up by the City watchdog, Sky News reports
Iranian Forign Minister Araghchi says the purpose of visits to Pakistan is to closely coordinate with partners on bilateral matters and consult on regional developments
EU antitrust regulators to probe UPM (UPM FH), and Sappi paper deal, sources say
NY Post's Doornbos "Again, these will be bilateral talks. No US appearance expected this time. Iranian officials will only be in Islamabad for a few hours."
US Treasury Secretary Bessent says discussions with countries, including our Gulf and Asian allies, about US dollar swap lines are part of ongoing, routine conversations
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This regulatory action may create uncertainty in the paper sector and impact related equities, as investors digest the potential consequences for competition and pricing in the market.
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