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Wednesday, May 23, 2018
OSLO (Reuters) - Norway’s $1 trillion sovereign wealth fund, the world’s largest, voted against a motion presented at the annual general meeting of Royal Dutch Shell calling on the energy giant to set climate targets. Long-term investors with $10.4 trillion of assets under management, including banks BNP Paribas...
Britain's Marks & Spencer said on Wednesday it urgently had to modernize or risk fading away as it reported a second straight decline in annual profit and booked a 321 million pounds ($430 million) charge for a store closure programme.The 134-year-old M&S faces unrelenting competition from supermarkets, fashion...
Shares in Europe followed Asian counterparts lower as investors eyed risks from Turkey to North Korea. Treasuries advanced with the dollar, while oil dropped with most commodities.U.S. equity-index futures also declined as optimism over U.S.-China trade...
WASHINGTON —  Households are feeling more stable, small businesses are making money and many expect to expand and hire in the coming year, signs of continued optimism in two key parts of the economy, the Federal Reserve reported Tuesday in a pair of annual surveys. Among more than 8,000 small...
Donald Trump's approach to foreign relations has never been subtle. But the president's recent declarations about leveling the trade playing field with China, premised on market competition, are more political than economic, the chief executive of Barings said Tuesday. "It's definitely about voters now and that's where you get...
Last August, a PayPal study found cash was still king in Asia, with China being an outlier where majority of the respondents said they preferred using digital payments. The European Central Bank said in November that a majority of people in the Euro area used cash when paying...
Hemant Mishra | Mint | Getty Images Outside view of Flipkart office shot on October 01, 2015 in Bengaluru, India. SoftBank Group said on Wednesday it is selling its roughly 20 percent stake...
Bitcoin couldn't manage gains on Tuesday, sliding roughly 2.5%. The top cryptocurrency by market value led the broader market lower, as nearly all of the 100 largest coins tumbled into the red. Here's what you need to know in crypto for Tuesday, May 22. 'Common Sense' to...
WASHINGTON — The Latest on President Donald Trump’s planned summit with North Korean leader Kim Jong Un (all times local): 4:30 p.m. Secretary of State Mike Pompeo says North Korea could benefit from American investment and technology if it denuclearizes. Pompeo says it’s something he spoke about in...
Getty Images An ash plume rises from the Kilauea volcano on Hawaii's Big Island on May 15, 2018 in Volcano, Hawaii. Tourism is the Big Island's largest industry. However, some vacationers are now...

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