Britain to copy EU’s capital rules for investment firms – Reuters UK

LONDON (Reuters) – Britain set out plans on Tuesday to introduce the first set of capital and liquidity requirements specifically for investment firms based on European Union rules that come into for…

Global new clean energy investment totaled $282 billion last year: research

LONDON (Reuters) – Global investment in new clean energy capacity rose 1% last year to $282.2 billion, research by UNEP, Bloomberg New Energy Finance and the Frankfurt School-UNEP Collaborating Centr…

Chilean investment firm to buy 50% stake in South Africa’s Sun International – Reuters

JOHANNESBURG (Reuters) – Chile’s Nueva Inversiones Pacifico Sur (IPS) has made a proposal to Sun International (SUIJ.J) to buy 50.1% of the South African hotel and casino operator for 22 rand ($1.27)…

Trump threat to ‘decouple’ U.S. and China hits trade, investment reality – Reuters

WASHINGTON (Reuters) – Conflicting talk from Trump administration officials about “decoupling” the U.S. economy from China is running into challenging reality: Chinese imports of U.S. goods are risin…

Sino-U.S. tech race turbo-charges China chip investment, triggering bubble fear – Reuters UK

SHANGHAI (Reuters) – U.S. curbs on Chinese tech firms amid the intensifying Sino-U.S. battle for tech supremacy are feeding an investment boom across China’s semiconductor industry, driving prices of…

Cannae Holdings, hedge fund Senator Investment Group bid for CoreLogic – Reuters

BOSTON, June 26 (Reuters) – Cannae Holdings and Senator Investment Group on Friday said they plan to buy CoreLogic Inc for $7 billion, sending shares in the data and analytics company surging more th…

Climate fund targets $2.5 billion in clean energy investment for SE Asia – Reuters

KUALA LUMPUR (Thomson Reuters Foundation) – A new climate fund backed by philanthropic donors is aiming to trigger $2.5 billion of clean energy investment in Southeast Asia and aid the region’s green…

ECB has not discussed ‘junk’ bond buying, but watching situation

FRANKFURT (Reuters) – The European Central Bank will continue to review the eligibility status of the bonds it buys, its president said, amid speculation it might add non-investment grade debt to its…

RBS to cut around a quarter of U.S. jobs – sources – Reuters UK

LONDON/HONG KONG (Reuters) – Royal Bank of Scotland (RBS.L) has begun a major restructuring in its overseas investment banking operations, cutting almost a quarter of full-time staff in the United St…

UK watchdog investigates audits of London Capital & Finance – Reuters

LONDON, June 24 (Reuters) – Britain’s accounting watchdog said on Wednesday it has started three investigations into audits of London Capital & Finance, the investment firm that collapsed in 2019…