Exchange-traded funds

U.S. securities regulators gave the green light Wednesday to a group of bitcoin exchange-traded funds, a keenly anticipated decision expected to boost the cryptocurrency.

Regulators approved proposals for 11 ETFs to list on leading exchanges including the New York Stock Exchange "on an accelerated basis," the Securities and Exchange Commission said in a 22-page order.

Natural gas will become cheaper by about 8 percent in July and will be sold for about 60.50 leva per megawatt hour. This was announced by the executive director of Bulgargaz, Denitsa Zlateva, during the public discussion of prices.

MSCI will publish its quarterly review of its market indices on Wednesday and analysts said there could be some surprises regarding the composition of the MSCI Greece index.
Last year, MSCI had added Motor Oil.
Last March, investment firm VTB Capital had said MSCI could add Mytilineos Holdings, the energy and metals conglomerate, if its stock price rose by 19-22 percent.

Exin Financial Group has been given 10 days to submit to the Bank of Greece all the information required for the acquisition of Ethniki Insurance, while also having to answer the crucial question of the buyer's composition.

Exin Financial Group has pledged that by end-January it will have submitted the details of the funding needed to acquire Ethniki Insurance. So far the group is said to have informed the monitoring authorities and National Bank of Greece that Pimco and Berkshire Hathaway will participate in the deal's financing.

Flickr/ Heinrich-Böll-Stiftung

US regulatory filings show George Soros is still investing in options that will profit him only if the stock market they are linked to declines in value.

By Inyoung Hwang

European stocks declined after a five-week rally as concern resurfaced over Greece and the timing of an interest-rate increase in the U.S.

By Christopher Whittall

The divergence between European equity and bank debt is expected to broaden further in the coming months as fundamental changes in banking regulations continue to impact the industry, giving credit investors a lucrative relative value play.