Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON,...
U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsLONDON, Oct 17...
A view of the British capital's twin financial powerhouse, the City of London and Canary Wharf, in London, Britain March 19, 2023. REUTERS/Yann Tessier/File Photo Acquire Licensing RightsLONDON, Oct 16 (Reuters) - Brookfield (BN.TO), through its affiliate Brookfield Reinsurance (BNRE.N), is weighing entering Britain's burgeoning pension insurance industry and is open to an acquisition to bolster growth, three people familiar with the matter told Reuters. The company is scanning the market for potential deals to access the bulk annuities space, where possible targets could include companies like Just Group (JUSTJ.L)...
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsJERUSALEM/NEW YORK, Oct...
Higher rates feed developed economy debt worriesHuge spending needs, interest payments to keep debt highU.S., Italy, Britain most concerningCredible spending plans, tax hikes, higher growth neededLONDON, Oct 16 (Reuters) - Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies.A surge in government borrowing costs has put high debt in the spotlight, with investors demanding increased compensation to hold long-term bonds and policymakers urging caution on public finances.Over...