Category Archives:
EU advisers propose expansion of sustainable finance rules
By Simon Jessop and Kate Abnett LONDON (Reuters) - European Commission advisers on Monday proposed an expansion of the bloc's sustainable finance rules to better grade activities such as gas-fired pow...
Mar 28, 2022
Lawmakers probe Credit Suisse on compliance with Russia sanctions – WSJ
(Reuters) - U.S. lawmakers have launched a probe into Credit Suisse Group AG's compliance with sanctions related to Russia's invasion of Ukraine and asked the Swiss bank to hand over any information r...
Mar 28, 2022
ProSieben says MFE turned down offer of supervisory board seat
BERLIN (Reuters) - German broadcaster ProSiebenSat.1 said that Italian shareholder MediaForEurope (MFE) has rejected an offer of one seat on its supervisory board. MFE has repeatedly called for closer...
Mar 28, 2022
GM and VW say Shanghai factories unaffected by lockdown
By Brenda Goh and Norihiko Shirouzu SHANGHAI (Reuters) - General Motors and Volkswagen Group China on Monday said that their Shanghai operations have not been affected by the city's lockdown to try to...
Mar 28, 2022
Insurer AIG says BlackRock will manage part of life and retirement unit’s assets
(Reuters) - Insurer American International Group Inc said BlackRock Inc, the world's largest asset manager, will manage $60 billion of its global investment portfolio and up to $90 billion of assets o...
Mar 28, 2022
U.S. Supreme Court turns away challenge to Trump steel tariffs
By Lawrence Hurley WASHINGTON (Reuters) - The U.S. Supreme Court on Monday declined to hear a challenge by steel companies to former President Donald Trump's 2018 decision to double tariffs on steel i...
Mar 28, 2022
Fidelity closes Emerging EMEA fund to new investors after Russia plunge
LONDON (Reuters) - Fidelity International will temporarily close its Emerging Europe, Middle East and Africa Fund to new investors after Russia's invasion of Ukraine caused Russian asset prices to plu...
Mar 28, 2022
Column-Hedge fund oil positions caught between risks from sanctions and recession: Kemp
By John Kemp LONDON (Reuters) - Investor positions in crude and refined products steadied last week, after heavy sales in the two previous weeks, as fund managers tried to balance opposite risks from ...
Mar 28, 2022
Indonesia expects fiscal pressure from high global fuel, food prices
JAKARTA (Reuters) - High global commodity prices have helped Indonesia book a strong fiscal position, but its budget will face pressure from inflationary shocks in coming months as the government keep...
Mar 28, 2022
Credit Suisse has stopped pursuing new client business in Russia
ZURICH (Reuters) - Credit Suisse stopped pursuing new business in Russia after the invasion of Ukraine on Feb. 24, the Swiss bank said on Monday in an internal document seen by Reuters. According to t...
Mar 28, 2022
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