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Banking

World Bank poised to host climate loss and damage fund, despite concerns

Local resident Tarusila Boseiwaqa walks along a sea wall that no longer protects homes from the intrusion of water at higher tides, as a rainbow forms over Serua Village, Fiji, July 14, 2022. REUTERS/Loren Elliott/File Photo Acquire Licensing RightsNov 4 - Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged by climate disasters, despite reservations from developing nations and the United States.The deal to create a "loss and damage" fund was hailed as a breakthrough for developing country negotiators at...
Banking

Real estate stocks lead European shares to biggest weekly gain since March

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 26, 2023. REUTERS/Staff/File Photo Acquire Licensing RightsReal estate stocks post strongest week since at least 2008BMW reports higher margin in Q3Outlook comment, buyback review drag MaerskECB hopeful on inflation; cannot close door on hikes -SchnabelSTOXX 600 up 0.2%, adds 3.4% this weekNov 3 (Reuters) - Europe's benchmark STOXX 600 index posted its biggest weekly gain since March on Friday, supported by interest rate-sensitive real estate stocks as signs of an end to monetary...
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