ECB, IMF call on climate standard setters to align company disclosures

Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. REUTERS/Wolfgang Rattay/File Photo Register now for FREE unlimited access to Register LONDON, Aug 8 (Reuters) – A global standard setter for company climate disclosures should align with European and US alternatives for easier implementation across jurisdictions and to … Read more

Thomson Reuters raises sales outlook on core business strength in slowing economy

The Thomson Reuters logo is seen on the company building in Times Square, New York, US, January 30, 2018. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Register NEW YORK, Aug 4 (Reuters) – Thomson Reuters Corp (TRI.TO) reported higher second-quarter operating profit on Thursday and raised its full-year revenue forecast, citing … Read more

UK companies may take ‘action’ if they downplay climate risk, watchdogs say

Smoke rises above a factory at sunset in Rugby, Britain February 10, 2021. REUTERS/Matthew Childs/File Photo Register now for FREE unlimited access to Register LONDON, July 29 (Reuters) – Some of Britain’s top listed companies could be downplaying risks from climate change on their bottom line and could take “appropriate action”, regulators said on … Read more

Hong Kong central bank raises rates, warns of tighter interbank market

HONG KONG, July 28 (Reuters) – The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 75 basis points to 2.75%, hours after the US Federal Reserve delivered a rate hike of the same margin. Hong Kong’s monetary policy moves in lock-step with that of the … Read more

Flow Traders’ ‘black-box’ business weighs on results, shares

Launches new share buyback program of up to 25 million euros Expect fixed operating expenses to grow by about 25% this year Guidance reflects some higher base salaries, strong US dollar Adjusts profit-sharing percentage to 32.5% of operating result July 22 (Reuters) – Shares in Flow Traders (FLOW.AS) tumbled on Friday after the Dutch trading … Read more

New British financial taskforce to help embed market reforms

The outside of the London Stock Exchange building is seen in the City of London, March 7, 2005. MRKET REUTERS/Toby Melville Register now for FREE unlimited access to Register LONDON, July 19 (Reuters) – The London Stock Exchange Group (LSEG.L) said on Tuesday it has launched a task force to drive through financial reforms … Read more

Britain kicks off post-Brexit ‘transformation’ of finance

LONDON, July 19 (Reuters) – Regulators will have to promote the global competitiveness of Britain’s financial sector or could face mandatory reviews of their rules, UK finance minister Nadhim Zahawi said on Tuesday. He confirmed that a long-awaited financial services and markets bill will be introduced before parliament on Wednesday to “capitalize on the benefits … Read more