Morning Bid: U.S. retail therapy as China funk deepens
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
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UK lenders trial government-backed loans for risky borrowers
People walk outside the Bank of England in the City of London financial district in London, Britain, March 23, 2023....
UBS pays $1.43 bln to settle US mortgage claims as industry-wide probe concludes
The logo of Swiss bank UBS is seen at the company's office at the Bahnhofstrasse in Zurich in this July 1, 2009 file photo. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsWASHINGTON/NEW YORK, Aug 14 (Reuters) - UBS (UBSG.S) agreed to pay $1.435 billion to settle U.S. charges that the Swiss lender misled investors into buying troubled mortgage securities, concluding an industrywide probe into a root cause of the 2008 global financial crisis.The U.S. Department of Justice on Monday said it has collected more than $36 billion in civil fines from 19...
Sterling steady ahead of data-heavy week
UK pound coins plunge into water in this illustration picture, October 26, 2017. REUTERS/Dado Ruvic/Illustration/File PhotoLONDON, Aug 14 (Reuters) -...
Yen breaks above 145/dlr level in choppy trading, dollar firm
SINGAPORE, Aug 14 (Reuters) - The yen was volatile on Monday after slipping to its lowest for the year against...
Finns Party mastermind defends long-term goal to exit EU
The speaker of Finland's Parliament Jussi Halla-aho stands outside the Finnish Parliament Annex, in Helsinki, Finland, August 9, 2023. REUTERS/Anne...
Sterling breaks three-day losing streak after UK GDP beats forecasts
Wads of British Pound Sterling banknotes are stacked in piles at the Money Service Austria company's headquarters in Vienna, Austria,...
ECB to pause in September, say slim majority of economists: Reuters poll
A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko BeckerBENGALURU, Aug 11 (Reuters)...
Exclusive: Canadian pension funds explore $6 bln sale of renewables firm Cubico -sources
NEW YORK, Aug 10 (Reuters) - Two of Canada's biggest pension funds are exploring options including a sale of Cubico Sustainable Investments that could value the renewable energy firm at about $6 billion or more, including debt, according to people familiar with the matter.Montreal-based Public Sector Pension (PSP) Investment Board and the Ontario Teachers' Pension Plan (OTPP) are looking to appoint a financial advisor in the coming weeks, the sources said, adding the sale could take several months to complete.The sources, who requested anonymity as the matter is confidential, cautioned...
Global stocks slip before CPI data, dollar dips on China selling
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023....
