UK watchdog sets out plans to keep London a ‘preeminent’ financial centre

By Huw Jones LONDON (Reuters) – Britain’s financial watchdog said on Wednesday it would start work this year on price feeds for investors to find the best deals across securities trading platforms, playing catch-up with the United States and the European Union. As global competition to attract listings becomes tougher, and London competes with European …

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Neste to start production at Singapore renewables fuels expansion in ‘weeks’ – official

(Reuters) – Finnish biofuel producer Neste plans to start commercial production at its renewable fuels expansion project in Singapore in the coming weeks after trial runs, a senior company executive said on Wednesday. Neste plans to inaugurate the 1.3 million tonne-per-year (tpy) plant next month, executive vice president Carl Nyberg told Reuters. The plant will …

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India’s 2022/23 steel exports slump to five-year low, imports at four-year high

By Neha Arora NEW DELHI (Reuters) – India’s steel exports slumped to a five-year low in the financial year that ended in March, as slowing global demand and an export tax hampered shipments, government data compiled by Reuters showed on Wednesday. India, the world’s second-biggest producer of crude steel,shipped 6.7 million tonnes of finished steel …

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Scotland’s Yousaf says news on SNP funding probe arrest “challenging”

LONDON (Reuters) – Scotland’s First Minister Humza Yousaf said on Wednesday news reports that the husband of his predecessor Nicola Sturgeon has been arrested was “challenging” but declined to comment on the live police investigation. “The news this morning, it’s challenging and it’s difficult,” Yousaf told reporters after the BBC reported that Peter Murrell had …

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Capex push shot in arm for India’s corporate bond issuances in FY24 – bankers

By Bhakti Tambe MUMBAI (Reuters) – A pick-up in capital expenditure by private as well as state-owned firms in the new financial year is expected to provide a boost to India’s corporate bond market, pushing issuances to another record in FY24, said bankers and analysts. India’s corporate bond issuances touched a record high of 8.2 …

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French unions to keep up pensions protest after talks with PM fail

By Tassilo Hummel PARIS (Reuters) -France’s labour unions will keep up their fight against a planned rise of the legal retirement age, they said on Wednesday, after a meeting with Prime Minister Elisabeth Borne failed to end months of gridlock over a deeply unpopular reform. Wednesday’s talks were the first high-stakes meeting between the government …

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Argentina pierde la demanda interpuesta en Londres por cuatro fondos de inversión

LONDRES, 5 abr (Reuters) – Argentina perdió el miércoles una demanda en el Tribunal Superior de Londres sobre los pagos que cuatro “hedge funds” dijeron que se debían por valores denominados en euros vinculados al producto interno bruto (PIB) de Argentina en 2013. Los fondos Palladian Partners L.P., HBK Master Fund L.P., Hirsh Group LLC …

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Lufthansa trennt sich von Resten der Catering-Tochter LSG

Düsseldorf (Reuters) – Die Lufthansa veräußert die seit drei Jahren zum Verkauf stehende internationale Catering-Tochter LSG an den Finanzinvestor Aurelius. Vorbehaltlich der behördlichen Genehmigungen werde das Geschäft im dritten Quartal über die Bühne gehen, teilten die Firmen am Mittwoch mit. Zum Kaufpreis wurden keine Angaben gemacht. Die Lufthansa geht jedoch davon aus, dass sich der …

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