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Bank of England looks to shine a light on private equity leverage
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Dollar firm as US rates and earnings take center stage
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US crude futures climb back into positive territory
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Equities gain, gold drops as fears of wider Middle East conflict ease
World’s workers increasingly at risk as climate changes, ILO says
Date: April 22, 2024
World’s workers increasingly at risk as climate changes, ILO says By Emma Farge GENEVA (Reuters) -More than 70% of the global workforce is exposed to risks linked to climate change that cause hundreds of thousands of deaths each year, the International Labour Organization (ILO) said on Monday, adding governments would need to act as the...
Hedge fund borrowing hits five-year peak, Goldman Sachs says
Date: April 22, 2024
Hedge fund borrowing hits five-year peak, Goldman Sachs says By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing rose to a five-year high in the week to April 19, a Goldman Sachs note showed, as hedge funds ramped up trading to take advantage of the first sharp dip in U.S. and European stocks this...
After VW plant victory, UAW sets its sights on Mercedes in Alabama
Date: April 22, 2024
After VW plant victory, UAW sets its sights on Mercedes in Alabama By Nora Eckert CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vote at an auto factory in the U.S. South. Now it needs to prove the success wasn’t a fluke by pulling off a second...
London shares rebound as fears of wider Middle East conflict ebb
Date: April 22, 2024
London shares rebound as fears of wider Middle East conflict ebb By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1% on Monday, following last week’s sharp selloff, as fears of the Middle East crisis escalating eased and investors looked ahead to domestic and U.S. economic data later in the week. The benchmark FTSE...
UK’s struggling Thames Water proposes spending more on environmental improvements
Date: April 22, 2024
UK’s struggling Thames Water proposes spending more on environmental improvements By Sarah Young LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1.1 billion pounds ($1.36 billion) on environmental projects over the next five years, in an updated business plan aimed at winning regulatory support. The company is at risk of nationalisation as it...
Automakers hope for a cut as two-way EV charging becomes real
Date: April 22, 2024
Automakers hope for a cut as two-way EV charging becomes real By Nick Carey and Victoria Waldersee LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect....