New UK government puts wealth fund at heart of investment push
LONDON, July 9 (Reuters) – Britain’s new government took a first step on Tuesday to boost public and private investment to modernise […]
Shell to Take Up to $2 Billion Impairment Hit, Expects Weaker Gas Trading
Shell SHEL 0.02%increase; green up pointing triangle expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant […]
Former PrivatBank owner accused in fraud case left Ukraine illegally, investigators say
KYIV, July 9 (Reuters) – Ukraine’s State Bureau of Investigation was looking into Gennadiy Bogolyubov, former co-owner of PrivatBank, who is suspected […]
UK investors buy record $14.5 billion of stocks this year, Calastone says
LONDON, July 3 (Reuters) – British investors added a record 11.4 billion pounds ($14.5 billion) into equity funds over the first six […]
China refines financial stability law to strengthen risk prevention
BEIJING, July 1 (Reuters) – China’s new financial stability law draft bill improved provisions on financial risks prevention and control, according to […]
Microsoft settles California probe over worker leave for $14 million
July 3 (Reuters) – Microsoft Corp (MSFT.O), opens new tab has agreed to pay $14 million to settle a California agency’s claims that it […]
Lufthansa gets EU nod to buy $350 million stake in Italy’s ITA
BRUSSELS/FRANKFURT/ROME, July 3 (Reuters) – Lufthansa (LHAG.DE), opens new tab won EU antitrust approval to buy 41% of ITA Airways for 325 million euros […]
US equity funds see upbeat demand on rate cut expectations
July 5 (Reuters) – Investors hoovered up U.S. equity funds in the week to July 3 as data indicating a softening economy […]
Japanese insurers, banks to sell Honda shares worth $3.3 bln, filing shows
TOKYO, July 4 (Reuters) – Japanese financial groups including Tokio Marine (8766.T), opens new tab, Sompo (8630.T), opens new tab and two MS&AD (8725.T), opens new […]
Insight: How Raiffeisen’s bet on Russia took it to the brink
VIENNA, July 4 (Reuters) – For more than four months, U.S. envoys delivered increasingly shrill warnings to Austria’s Raiffeisen Bank International (RBIV.VI), opens […]
Indian rupee sees mild gains, bonds muted as JPM index flows undershoot estimates
MUMBAI, June 28 (Reuters) – India’s rupee rose slightly, while government bonds were unable to gain meaningfully on the day of the […]
FIFA working with UBS to raise up to $2 billion, Bloomberg News reports
June 27 (Reuters) – Soccer governing body FIFA is seeking to raise up to $2 billion to expand its streaming service and […]