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By Isla Binnie NEW YORK (Reuters) – Firms find that investors penalize their stock less for high greenhouse gas emissions if they voluntarily disclose that data, researchers at Lazard’s climate center said on Friday. Regulators in the United States are working on rules for how companies provide information to help investors gauge their impact on the environment, as part of a broad drive to stem climate change from activities such […]

MADRID (Reuters) – A 74-year-old Spanish man accused of sending a series of letter bombs in late 2022 will be bailed under supervision on Friday, after a high court judge concluded there was no risk that he would re-offend. Pompeyo Gonzalez Pascual, who faces terrorism charges for allegedly sending primed letters to six institutions including the prime minister’s office and the Ukrainian Embassy in Madrid, has been in jail since […]

SINGAPORE (Reuters) – A private banking industry group in Singapore on Friday denied a media report that the city state had asked global banks to keep quiet on wealth inflows coming from China over the past year due to political sensitivity. The Financial Times reported earlier on Friday, citing unidentified people, that the “tacit directive” on China wealth inflows was given by the Monetary Authority of Singapore (MAS) during a […]

By Amanda Cooper LONDON (Reuters) -The dollar headed for its longest stretch of weekly losses in almost three years on Friday, as traders ramped up expectations of an imminent end to the U.S. Federal Reserve’s rate-hike cycle following signs that inflation may be cooling. Data on Thursday showed U.S. wholesale prices, as measured by the producer price index (PPI), fell by the most in nearly three years last month, a […]

BENGALURU (Reuters) -Reliance Industries Ltd’s Viacom18 will receive an investment of 43.06 billion rupees ($527.84 million) from Bodhi Tree, about 70% less than what was planned by the joint venture between James Murdoch and a former Star India executive. Viacom18 said in a statement late on Thursday that Reliance was now leading the investment in the media company with a 108.39 billion rupees infusion. Last year, Indian billionaire Mukesh Ambani’s […]

(Reuters) – Newcastle United’s return to form has instilled belief in the squad as they head into the business end of the season, manager Eddie Howe said on Friday, with a Champions League return on the cards for the first time in 20 years. After a five-match winless run in the league which saw Newcastle drop out of the top four, they have roared back into contention with five wins […]

SINGAPORE (Reuters) – A private banking industry group in Singapore on Friday denied a media report that the city state had asked global banks to keep quiet on wealth inflows coming from China over the past year due to political sensitivity. The Financial Times reported earlier on Friday, citing unidentified people, that the “tacit directive” on China wealth inflows was given by the Monetary Authority of Singapore (MAS) during a […]

LONDON (Reuters) -There is no evidence that the COVID-causing virus came from animals, the former head of the Chinese Center for Disease Control and Prevention (CDC) said on Friday. George Gao, who was speaking at a London summit on preparing for pandemics, was the head of the agency when COVID first emerged in Wuhan, China, at the end of 2019. “Even now, people think some animals are the host or […]

LONDON (Reuters) -There is no evidence that the COVID-causing virus came from animals, the former head of the Chinese Center for Disease Control and Prevention (CDC) said on Friday. George Gao, who was speaking at a London summit on preparing for pandemics, was the head of the agency when COVID first emerged in Wuhan, China, at the end of 2019. “Even now, people think some animals are the host or […]