More insurers desert net-zero alliance as U.N. climate group sounds alarm
By Tommy Wilkes LONDON (Reuters) -Lloyd’s of London became the sixth organisation to quit a net-zero alliance for insurers within…
Business
Investors have poured $756 billion into cash funds this year – BofA
LONDON (Reuters) – Investors have poured $756 billion into cash funds this year, Bank of America said in a note…
BHP taps Microsoft, AI, to improve recovery at top copper mine
MELBOURNE (Reuters) – BHP Group has teamed up with Microsoft Corp to improve copper recovery from its Escondida mine in…
Sri Lanka central bank to hold rates as inflation stays high
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is expected to keep rates unchanged at its policy meeting…
Blackstone-owned Crown Resorts agrees to $294 million fine in Australia
By Byron Kaye and Harish Sridharan (Reuters) -Crown Resorts, the Australian casino operator bought by Blackstone Inc after three damaging…
Factbox-Penalties imposed on Australian companies over the recent years
(Reuters) – Australian regulators have over the recent years fined a slew of companies over breaches and non-compliance issues, with…
PwC Australia may lose government audit contract, Treasury head says
By Lewis Jackson SYDNEY (Reuters) -Australia’s Treasury department may not renew a A$1 million audit contract with PricewaterhouseCoopers (PwC) when…
Swiss economy grows at faster than expected rate in first quarter
ZURICH (Reuters) – The Swiss economy grew by a faster than expected rate at the start of the year, the…
EU, US to weigh China, AI, trade strains at high-level Sweden talks
By Philip Blenkinsop LULEA, Sweden (Reuters) – Top U.S. and European Union officials meet in Sweden on Tuesday to weigh…
Marketmind: Too soon to drink to the US debt deal
A look at the day ahead in European and global markets from Vidya Ranganathan U.S. and UK markets return from…