Tags: European Commission
Universal to offer EMI label sales to ease EU concerns -sources
Vivendi's Universal Music Group will offer to sell three music labels belonging to takeover target EMI in a bid to ease EU regulatory concerns about the $1.9 billion deal.
European Union to shine light on shadow banking
The European Commission pledged to tighten control of so-called shadow banking on Friday, answering central bank calls for stricter regulation of the sprawling 46 trillion euro ($61 trillion) sector which has been blamed for aggravating the financial crisis.
