FRANKFURT/LONDON (Reuters) - Traditionally conservative European insurers and pension funds are turning increasingly to risky property bets on everything from new homes in provincial Britain to car parks at Brussels airport, as they feel the pinch from rock-bottom interest rates.
* Four nations agreed to freeze oil output at Jan levels in Doha
By Trevor Hunnicutt NEW YORK, March 2 (Reuters) - Mutual fund investors charged back into the riskiest debt in the latest week, according to data released Wednesday by the Investment Company Institute (ICI), delivering high-yield bond funds their first weekly inflows since Nov 4. Junk bond funds took in $1.4 billion during the latest week, according to ICI, ending a 15-week streak of outflows that swallowed $28.8 billion of the funds' cash and precipitated the December collapse of Third
PARIS (Reuters) - Matches at this year's European football championship in France could be moved or played in empty stadiums if security services considered there was danger of an attack, a UEFA official was quoted as saying on Wednesday.
BRUSSELS (Reuters) - The European Union, faced with a burgeoning refugee crisis in Greece, launched a new aid programme on Wednesday worth an initial 700 million euros that mirrors the kind of disaster relief it offers developing nations.
* Luxottica, ITV down after earning updates (Updates prices)
BERLIN (Reuters) - A spokesman for German Chancellor Angela Merkel said on Wednesday that EU states should not leave Greece alone to deal with an influx of migrants and refugees, but also urged Athens to do its part by protecting its border effectively.
While the erstwhile Gumpert Apollo looked bizarre, it was sickeningly fast. Apollo Automobil GmbH, as the resurrected brand is known as now, showcased their new hyper-car – the Arrow, at the 2016 Geneva Motor Show. In 2015, Gumpert Sportwagenmanufaktur GmbH was re-branded by the company’s new owner, Ideal Team Ventures Limited, a Hong Kong based holding company with […]
Читать дальше...MILAN, March 2 (Reuters) - Italian oil contractor Saipem faces new challenges after raising 3.5 billion euro ($3.8 bln) to stay afloat, as rising competition in its lucrative pipe-laying business threatens margins and orders.
LOS ANGELES - Actors Gerard Butler, Morgan Freeman, Angela Bassett and Aaron Eckhart took to the red carpet Tuesday night for the premiere of action thriller "London Has Fallen".The film is the sequel to the 2013 "Olympus Has Fallen" and sees Butler reprise his role as Secret Service Agent Mike Banning, who this time uncovers a deadly plot targeting world leaders."What got me excited was the scope on this canvas, just making the whole thing bigger and more fun," Butler said.
Germany's cartel office is investigating the social network over data protection. It's the first time Facebook is probed for allegedly violating competition rules. Fred Katayama reports.
Germany's cartel office is investigating the social network over data protection. It's the first time Facebook is probed for allegedly violating competition rules. Fred Katayama reports.
Germany's cartel office is investigating the social network over data protection. It's the first time Facebook is probed for allegedly violating competition rules. Fred Katayama reports.
BRUSSELS (Reuters) - Euro zone lenders and the International Monetary Fund disagree over how much more Greece needs to do to reform its economy, a dispute that may delay new payouts and the start of debt relief talks, officials said.
OIL PRICES EXTEND LOSSES AFTER EIA DATA SHOWS MUCH BIGGER-THAN-EXPECTED RISE IN INVENTORY
LONDON, March 2 (Reuters) - Britain will take a step closer this week to a planned privatisation of its Green Investment Bank, and could sell the whole business, sources familiar with the situation said.
LONDON, March 2 (Reuters) - Britain will take a step closer this week to a planned privatisation of its Green Investment Bank, and could sell the whole business, sources familiar with the situation said.
Finance Minister Arun Jaitley presented the Union Budget 2016-17 where he presented new tax structures on different segment of vehicles. In this calendar year’s budget, Jaitley announced an infrastructure cess of up to 4% on passenger vehicles such as cars, SUVs and luxury cars. Moreover, luxury and small cars further had their own woes. According to the new […]
Читать дальше...Forbes magazine has announced its annual list of the world's richest individuals. But, as Sara Hemrajani reports, while many of the same people are on it, they have lost some of their wealth.
Forbes magazine has announced its annual list of the world's richest individuals. But, as Sara Hemrajani reports, while many of the same people are on it, they have lost some of their wealth.
Forbes magazine has announced its annual list of the world's richest individuals. But, as Sara Hemrajani reports, while many of the same people are on it, they have lost some of their wealth.
NEW YORK, March 2 (Reuters) - Exxon Mobil Corp said on Wednesday it would continue to cut spending as long as crude prices remain low, but the world's largest publicly traded oil company added it may look at potential acquisitions in a bid to offset a dip in production.
LONDON (Reuters) - British health and safety officials said on Wednesday they would give the Ministry of Defence (MoD) a "Crown Censure" over the deaths of three soldiers during a gruelling cross-country selection test for the elite Special Air Service (SAS).
LONDON (Reuters) - British health and safety officials said on Wednesday they would give the Ministry of Defence (MoD) a "Crown Censure" over the deaths of three soldiers during a gruelling cross-country selection test for the elite Special Air Service (SAS).
* IMF, euro zone disagree on Greek growth, primary surplus outlook Athens needs more pension reform or better euro zone debt relief
