Dollar hovers near 2-decade high as CPI keeps aggressive US rate hikes likely

A man counts US dollar banknotes at an exchange shop in Beirut, Lebanon March 18, 2022. REUTERS/Mohamed Azakir/Files Register now for FREE unlimited access to Register TOKYO, May 12 (Reuters) – The US dollar held near a two-decade high on Wednesday after US inflation moderated less than markets had expected, keeping the Federal Reserve … Read more

Find the right insurance policy

The scenario Laura, practice owner “I am a new business owner, currently preparing my paperwork before opening the doors to my first High Street practice. I’m a bit confused as to what type of insurance I need. Some people said I needed specialty insurance designed specifically for the healthcare industry, while others suggested retail. Could … Read more

Stocks rise, euro falls after ECB confirms end to Q3 bond purchases

A broker looks at a chart on his computer screen on the ICAP trading floor in London, Britain January 3, 2018. REUTERS/Simon Dawson Join now for FREE unlimited access to Register Euro STOXX 600 extends gains Euro turns negative, bond yields fall The ECB maintains its monetary policy stance Press conference scheduled for 12:30 … Read more

Global stocks pause on inflation as oil rises in Ukraine

General view of the stock exchange in Frankfurt, Germany, June 29, 2015. REUTERS/Ralph Orlowski/File Photo Join now for FREE unlimited access to Register MSCI Flat World Index; Asia excluding Japan index up 0.6% Oil up on Ukraine-fueled supply issues UK inflation hits 30-year high; New Zealand raises rates LONDON, April 13 (Reuters) – Global … Read more

SocGen sever ties with Russia with sale of Rosbank to oligarch Potanin

PARIS, April 11 (Reuters) – French bank Societe Generale said on Monday it would leave Russia and earn 3 billion euros ($3.3 billion) in revenue from the sale of its Rosbank unit to Interros Capital , a company linked to Russian oligarch Vladimir Potanin. Rosbank will join the business empire of Potanin, the 61-year-old boss … Read more

Austrian leader to meet Putin in Moscow, hoping to build bridges

ZURICH, April 10 (Reuters) – Austrian Chancellor Karl Nehammer will meet Russian President Vladimir Putin in Moscow on Monday, he said, adding he hoped to help build bridges between Russia and Ukraine and stop the “war of aggression”. The Nehammer meeting would be the first face-to-face meeting between Putin and a European Union leader since … Read more

AIG plans to reduce insurance for Russia and Ukraine | Local company

LONDON — AIG, one of the world’s largest commercial insurers, is considering cutting coverage for Russia and Ukraine, to protect itself from the risk of heavy claims as sanctions escalate and the war drags on , an insurance broker and a source close to the mentioned file. AIG is considering adding exclusion clauses to policies … Read more

Global stocks rebound but set for weekly loss

LONDON, April 8 (Reuters) – European stocks rebounded on Friday but global equities were still on course for their first weekly decline in four as the prospect of aggressive global rate hikes and geopolitical risks rattled investors. Global risk appetite declined over the week, with minutes from the Federal Reserve and European Central Bank showing … Read more

Stocks slide, Treasury yields rise as investors digest Fed signals

US stocks fall in late morning 10-year Treasury yields rise China and Hong Kong stocks fall as Shanghai battles COVID-19 NEW YORK, April 7 (Reuters) – Stock indices fell and benchmark U.S. Treasury yields rose on Thursday as investors digested hawkish signals from the Federal Reserve and the U.S. dollar index held steady. Minutes released … Read more

Ambac Financial: Assurance UK Limited – Taskforce on Climate-related Financial Disclosures (opens a new window)

Ambac Assurance UK Limited (“AUK”) Working Group on Climate-Related Financial Disclosures (“TCFD”) March 8, 2022 introduction Ambac Assurance UK Limited (“AUK”) is incorporated under the laws of England and Wales and is engaged in the business of non-life financial collateral insurance. AUK is a wholly owned subsidiary of Ambac Assurance Corporation (“AAC“), a financial guarantee … Read more