UK pension fund fights appeal in landmark fossil fuels lawsuit
Case challenges continued investments in coal, oilBritain's biggest private pension asks court to blockCould open other pension funds to similar...
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Dollar retreats ahead of US inflation data, yuan weakens on short-term rate cut
SINGAPORE, June 13 (Reuters) - The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors...
US dollar inches higher ahead of inflation data, Fed rate decision
Fed seen pausing rate hike this weekECB expected to raise rates in June, JulyBOJ seen keeping ultra-easy policy stanceNEW YORK,...
Bank of England’s Mann sees case for UK carbon tax
LONDON, June 12 (Reuters) - Britain and other rich nations should consider a carbon tax as the most efficient way...
Factbox: Who are Crispin Odey and the hedge fund Odey Asset Management?
June 10 (Reuters) - Crispin Odey, one of Britain's best-known hedge fund managers, is leaving Odey Asset Management following allegations...
Dollar gains before Fed meeting, inflation data
NEW YORK, June 9 (Reuters) - The dollar bounced off two-week lows on Friday as investors awaited inflation data and...
European shares slip as central-bank meetings loom, Croda falls on profit warning
Croda profit warning weighs on other chemical firmsAll eyes on Fed, ECB policy meetings next weekSTOXX off 0.2%, ends week 0.5% downJune 9 (Reuters) - European shares slipped on Friday, rounding off a lacklustre week that saw investors step to the sidelines ahead of crucial updates from the U.S. Fed and European Central Bank (ECB), while Croda slid on a tepid profit outlook.The pan-European STOXX 600 index (.STOXX) closed 0.2% down and ended the week 0.5% lower.Investors feared that the Fed could opt for a hawkish stance in its meeting...
Troubled UK lender Amigo agrees for shareholder to seek financing options
June 9 (Reuters) - Troubled British subprime lender Amigo Holdings (AMGO.L) said on Friday it had granted shareholder Michael Fleming...
Oil prices partially recover after US, Iran deny reported nuclear deal
White House rebuts reports of Iran oil dealFed expected to keep interest rates on hold in JuneU.S. crude stocks fall, gasoline inventories riseJune 8 (Reuters) - Oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran both denied a report that they were close to a nuclear deal.Oil fell by more than $3 on the report that the U.S. would give Iran sanctions relief to export oil in return for Tehran reducing uranium enrichment.A spokesperson for the White House National Security Council called the...
European shares steady as rate jitters weigh, firm pound drags FTSE 100 down
Euro zone saw winter recession, more challenges aheadEvotec tops STOXX 600 after Citigroup upgradeTelecoms dragged by Vodafone sharesSTOXX 600 flat, FTSE 100 down 0.3%June 8 (Reuters) - European shares were subdued on Thursday as rate-sensitive technology shares and consumer staples slipped on expectations of further interest rate hikes by major central banks, while a sharp slide in Vodafone shares weighed on the telecoms sector.The pan-European STOXX 600 index (.STOXX) was flat, with the rate-sensitive technology sector (.SX8P) down 0.3%.Britain's FTSE 100 (.FTSE) led losses among regional peers, with export-heavy consumer...