Finance

OSLO, June 26 (Reuters) – Norway’s largest pension fund KLP said on Wednesday it will no longer invest in Caterpillar Inc (CAT.N), opens new tab because of risk that equipment sold by the U.S. group to Israel is used to demolish Palestinian […]

LONDON, June 26 (Reuters) – British investment trusts Alliance Trust (ATST.L), opens new tab and Witan (WTAN.L), opens new tab have agreed to merge to create a company managing 5 billion pounds ($6.33 billion) of assets, in the latest example of consolidation in the […]

MUMBAI, June 26 (Reuters) – India’s government bonds will gradually become a part of JPMorgan’s widely tracked emerging market debt index, beginning on Friday. The announcement of the change was made in September, setting the stage for billions of dollars to flow […]

SEOUL, June 26 (Reuters) – South Korea’s central bank said on Wednesday there was a possibility of downward pressure mounting again on the won currency, and vowed to step up monitoring of risk factors and stabilise markets as required. “It […]

COPENHAGEN, June 26 (Reuters) – Danske Bank (DANSKE.CO), opens new tab on Wednesday raised its net profit forecast for 2024 to a range of 21 billion to 23 billion Danish crowns ($3.01 billion-$3.30 billion) from between 20 billion and 22 billion crowns […]

BRASILIA, June 24 (Reuters) – Brazil’s current account deficit will significantly shrink starting next month as the purchase of crypto assets will no longer be considered an import affecting the trade balance, the central bank said on Monday. According to […]

NEW YORK, June 25 (Reuters) – FTX on Tuesday will ask a judge to allow customers of the bankrupt crypto exchange to vote on a liquidation plan that would pay them back in cash, over the objections of some customers […]

SAN FRANCISCO, June 21 (Reuters) – Amazon (AMZN.O), opens new tab is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service and has considered a monthly fee of around $5 […]

Malaysia’s IHH Healthcare 5225 1.94%increase; green up pointing triangle and Sunway 5211 -1.33%decrease; red down pointing triangle are among the three bidders in a race to acquire one of the country’s largest hospitals from buyout firm Affinity Equity Partners, people familiar with the situation said. A second round […]