GO
Loading...

London

More

  • WASHINGTON, Feb 27- A significant majority of Americans say combating climate change is a moral issue that obligates them- and world leaders- to reduce carbon emissions, a Reuters/ IPSOS poll has found. The result of the poll suggests that appeals based on ethics could be key to shifting the debate over climate change in the United States, where those demanding...

  • DIARY-Top Economic Events to March 12 Thursday, 26 Feb 2015 | 7:01 PM ET

    NEW YORK- Federal Reserve Bank of Cleveland President Loretta Mester, Federal Reserve Bank of New York President William Dudley, Federal Reserve Vice Chair Stanley Fischer, former Federal Reserve chair Ben Bernanke and Bank of Japan Deputy Governor Hiroshi Nakaso participate in the U.S. Monetary Policy Forum 2015 Annual Conference sponsored by the...

  • NEW YORK, Feb 26- Crude oil futures fell sharply on Thursday as rising inventories in the United States pressured both Brent and U.S. contracts and countered expectations for recovering demand. While Brent losses were tempered by those expectations for improving global demand and geopolitical concerns about energy supplies from Libya and Russia, U.S. crude...

  • NEW YORK, Feb 26- The dollar rose to a one-month high against a basket of currencies on Thursday as data on U.S. inflation and business orders revived confidence in the world's biggest economy and supported bets the Federal Reserve will raise interest rates in the middle of the year. The greenback also received support from San Francisco President John Williams...

  • LONDON— Standard Chartered says its chief executive and chairman will stand down amid pressure from shareholders impatient with the board's leadership. CEO Peter Sands will leave in June and be replaced by former J.P. Standard Chartered shares rose 5.4 percent Thursday on investor optimism about the change in management.

  • NEW YORK, Feb 26- Crude oil futures fell on Thursday, as rising inventories in the United States pressured both Brent and U.S. contracts and countered expectations for recovering demand. Brent losses were tempered by those expectations for improving global demand and geopolitical concerns about energy supplies from Libya and Russia. Brent April crude was...

  • MILAN— Shape and color engaged designers on the second day of Milan Fashion Week of womenswear previews for next autumn and winter, featuring shows by Fendi, Max Mara, Just Cavalli and Prada. Some highlights from Thursday's shows:. Miuccia Prada explored cliches of beauty in her looks for next winter.

  • FOREX-Dollar jumps on U.S. data, Bullard; euro falls Thursday, 26 Feb 2015 | 11:10 AM ET

    NEW YORK, Feb 26- The dollar climbed to a one-month high against a basket of currencies on Thursday as data on U.S. inflation and business orders revived confidence in the world's biggest economy and supported bets the Federal Reserve will raise interest rates in the middle of the year. The dollar's jump followed back-to-back days of losses stemming from...

  • RAMSGATE, England, Feb 26- Thanet, a spur of southern England jutting into the North Sea, has been run by Prime Minister David Cameron's Conservative Party for 117 of the last 130 years. But in recent years Thanet has been hit by an influx of East European immigrants and poor people on welfare, placed by local authorities into dirt-cheap housing which has resulted...

  • ISTANBUL/ ANKARA, Feb 26- President Tayyip Erdogan's broadside against the central bank has raised concern about the future of its governor and of respected Deputy Prime Minister Ali Babacan, an anchor of investor confidence in Turkey for more than a decade. Traders took this as a thinly veiled reference to U.S.-based cleric Fethullah Gulen, a former ally whom...

  • *Greece still faces risk of exit from euro zone. LONDON, Feb 26- The global slump in demand for dry freight commodities is adding more pain to Greece's already crisis-hit banks by heaping pressure on many of their shipowner clients, particularly the smaller companies. Greece has secured an extension to its bailout from its European partners, but the danger of it...

  • Chevron and Exxon Mobil were among the biggest decliners in the Dow Jones industrial average, which eased back from its latest all-time high. Benchmark U.S. crude oil fell $2.82 to close at $48.17 a barrel on the New York Mercantile Exchange. Among individual Dow members, Chevron lost $1.52, or 1.4 percent, to $107.06 while Exxon Mobil slid 95 cents, or 1.1 percent, to...

  • BEIJING— China imposed a one-year ban on ivory imports that took immediate effect Thursday amid criticism that its citizens' huge appetite for ivory has fueled poaching that threatens the existence of African elephants. China is the world's largest importer of smuggled tusks, although Beijing has campaigned against illegal ivory. After China acquired a...

  • ISTANBUL/ ANKARA, Feb 26- President Tayyip Erdogan's broadside against the central bank has raised concern about the future of its governor and of respected Deputy Prime Minister Ali Babacan, an anchor of investor confidence in Turkey for more than a decade. Traders took his comments as a thinly-veiled reference to U.S.-based cleric Fethullah Gulen, a former...

  • *New Zealand shows surprise trade surplus. LONDON, Feb 26- The dollar gained almost half a percent against the euro around midday in Europe on Thursday after St Louis Federal Reserve chief James Bullard said the strong dollar was having only a marginal impact on U.S. monetary policy and economy. "Some of the euro stops have gone on this," one London- based dealer said.

  • *Major management, board shake-up at troubled Asia- focused bank. LONDON/ HONG KONG, Feb 26- Standard Chartered said former JPMorgan investment bank boss Bill Winters will take over as chief executive in June, replacing Peter Sands in a major management overhaul following two years of problems. Investors had been pushing for a change at the helm of the Asia- focused...

  • *Raft of corporate earnings lift Europe higher. LONDON, Feb 26- Global equities set a new record high and bond yields sank to fresh lows on Thursday as investors positioned for an extended era of cheap money ahead of the European Central Bank's looming bond-buying scheme. A new record low of -0.003 percent for German seven-year sovereign bonds came after Germany...

  • Feb 26- Google Inc has combined its two European regional divisions as it seeks to meet the challenges of tougher regulation across the continent, a source close to the company said on Thursday. In response, Google has argued that for Europe to remain competitive in global markets, it needs to form a single digital market instead of relying on national...

  • LONDON, Feb 26- Sterling traded firm near an eight-week high against the dollar on Thursday, drawing support from steady economic growth in Britain, although a drop in business investment was likely to make some investors cautious. Sterling was a tad higher, trading at $1.5535, having hit a eight-week high of $1.5554 in Asia. "Sterling/dollar traded higher as UK...

  • *Raft of corporate earnings keep Europe flat. LONDON, Feb 26- German seven-year bond yields fell below zero for the first time ever on Thursday, as investors positioned themselves for an extended era of cheap money ahead of the European Central Bank's looming bond-buying scheme. Bets that a U.S. rate hike might come later than expected, triggered by comments by Fed...