LONDON (Reuters) - Only one person in five in Britain with COVID-19 symptoms has sought or would seek a test, according to a study which found a link between people on low pay and poor adherence to the government's rules. Eighteen percent of participants in the study published in the British Medical Journal said they got or would get a test after...
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1/ SPRING MEETINGS Financial policymakers from around the globe are preparing to convene -- virtually of course -- for the springtime meetings of the International Monetary Fund (IMF) and the World Bank. G20 nations' finance chiefs meet too on April 7. The IMF will give a snapshot of the economic scars from the pandemic but it will also revise up forecasts for...
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LONDON (Reuters) - British Prime Minister Boris Johnson said on Thursday that a racism review commissioned by his government was stimulating but that the country needed to do more to deal with racism. "I don't want to say that the government is going to agree with absolutely everything in it, but it has some original and stimulating work in it but I...
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ZURICH (Reuters) - Credit Suisse (SIX:CSGN) plans to return more cash to investors in supply chain finance funds linked to stricken Greensill in early to mid-April, the Swiss bank said. Switzerland's second-largest bank last month closed around $10 billion of supply-chain finance funds that bought notes from Greensill. Of this, $3.1 billion has been repaid and $1.5 billion in cash...
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(Bloomberg) -- A pair of Cathie Wood exchange-traded funds added around $1 billion in a single day this week in an emphatic display of investor loyalty toward the famed Ark Investment Management founder. The flagship Ark Innovation ETF (NYSE:ARKK) took in a record $717 million on Tuesday, while the Ark Space Exploration and Innovation fund (NYSE:ARKX) absorbed $281 million on its debut, according to data...
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LONDON (Reuters) - Climate activists in London splashed black dye on the front of the Bank of England on Thursday as part of a protest, a Reuters photographer at the scene said. Activists, some dressed as jesters, hurled the dye at the imposing neo-classical building, known as "the Old Lady of Threadneedle Street"...
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By Victoria Waldersee and Richa Naidu LISBON/CHICAGO (Reuters) - After a year of nesting in pastel-colored loungewear, shoppers are opting for styles with floral prints, feel-good slogans and statement jewelry to jazz up working-from-home outfits as optimism makes a comeback in spring collections, designers and retailers told Reuters. While neutral, comfortable clothing remains...
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LONDON (Reuters) - An investment vehicle for "unique" digital products such as artworks said it will float in London, in the latest sign of the investment craze for so-called 'non-fungible tokens'. NFT Investments, established by the co-founders of cryptocurrency firm Argo Blockchain, said on Thursday they intend to raise around 10 million pounds ($13.77 million) by floating on the niche Aquis Stock...
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By Tom Bergin LONDON (Reuters) - Credit Suisse (SIX:CSGN) told investors the debt in its $7.3 billion finance fund was low risk because it was insured but the bank failed to ensure the policies would pay out, two sources told Reuters. When Japan's Tokio Marine, the company insuring the debt, declined to renew its coverage with Greensill Capital last month,...
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By Douglas Busvine BERLIN (Reuters) - Deutsche Telekom (DE:DTEGn) expects to secure direct ownership of T-Mobile in the medium term, funded by a significant capital return to shareholders by its U.S. business, CEO Tim Hoettges told shareholders on Thursday. Addressing the telecoms group's annual general meeting, Hoettges said he expected T-Mobile to return up to $60 billion to shareholders between 2023 and...
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