Defiance ETFs has brought to NYSE Arca an exchange-traded fund that gives exposure to companies involved in food technology. The Defiance Next Gen Food and Agriculture ETF is linked to the BlueStar Food and Agriculture Sustainability Index. ETF (14 Nov.)
The US Supreme Court has agreed to take up a lawsuit in which Oracle says Google owes almost $9 billion for using Oracle code in Android. Microsoft had urged the court to hear the dispute, although the Trump administration had said the court should refrain. The Associated Press (15 Nov.)
EU banks are having little success convincing regulators that raising capital requirements is bad for the economy and could trigger a downturn. Andrea Enria, head of banking supervision at the European Central Bank, says banks with higher capital ratios "generate the same level of profits with lower risk." MLex (subscription required) (13 Nov.)
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