By Kate Abnett and Andrea Shalal WASHINGTON (Reuters) – Senior officials from Europe have urged the World Bank’s management to expand its climate change strategy to exclude investments in oil- and coal-related projects around...
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Boeing CEO asked to testify in crash litigation, lawmakers demand FAA release records
By Eric M. Johnson and Tracy Rucinski (Reuters) – Relatives of victims of a Boeing Co 737 MAX crash in Ethiopia that occurred five months after an Indonesian Lion Air disaster are stepping up pressure on the American planemaker and...
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U.S withdraws opposition to digital tax at G20 meeting: official
BRUSSELS (Reuters) – The United States withdrew its opposition to the idea of global rules on taxing digital giants like Google, Amazon and Facebook at a meeting of finance ministers and central bankers of the world’s top 20...
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Tech and financials boost $46.2 billion flows into global equity funds: BofA
LONDON (Reuters) – Investors piling into tech and financial stocks helped equity funds attract $46.2 billion in their third-largest inflow on record in the week to Wednesday while inflation linked bonds also shone, BofA’s...
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Analysis: After Brazil ructions, a rethink for investors in emerging market state firms
By Karin Strohecker and Simon Jessop LONDON (Reuters) – Brazil’s shake up of state-run oil firm Petrobras has caused shockwaves at home but may also prompt some bond investors to rethink their $1 trillion-plus exposure to...
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Sovereign wealth funds pull $16.3 billion from market strategies in fourth quarter
By Tom Arnold LONDON (Reuters) – Sovereign wealth funds pulled $16.3 billion from public market investment strategies, largely equities, in the fourth quarter, the most in almost four years, driven largely by redemptions, according...
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