News

India's capital markets regulator on Monday recommended restrictions on accessing equity and debt markets for so-called "willful defaulters", as it steps up efforts to tackle the bad loans that are hampering state-run banks.

The family that owns a controlling stake in Swiss chemicals firm Sika said on Monday it has filed a lawsuit to help push through a 2.75 billion Swiss franc ($2.73 billion) takeover by French building materials company Saint-Gobain.

Germany cast doubt on whether a four-way summit on the Ukraine crisis in Kazakhstan's capital Astana on Jan. 15 would take place on Monday and France's president said the meeting would depend on the likelihood of "new progress" being made.