United Kingdom

Tom Arnold

Brexit stalls investments by sovereign wealth funds in Britain

18 Apr 2019

LONDON Britain has long been a favoured playground for sovereign wealth funds from around the world to snap up glitzy skyscrapers, banking stakes and posh department stores.

Top Abraaj executives arrested on U.S. fraud charges

12 Apr 2019

NEW YORK/LONDON The chief executive and a managing partner of the collapsed Dubai private equity firm Abraaj Capital Ltd have been arrested on U.S. charges that they defrauded their investors, including the Bill & Melinda Gates Foundation.

UPDATE 2-Top Abraaj executives arrested on U.S. fraud charges

12 Apr 2019

* Naqvi says is innocent in relation to all charges (Adds statement from Naqvi, details of London hearing)

Aramco bonds' modest gains suggest demand was inflated - sources

10 Apr 2019

DUBAI/LONDON Saudi Aramco's debut $12 billion bonds booked at best modest gains on Wednesday, their first trading day after some $100 billion in orders, suggesting part of the record-breaking demand was inflated, three banking and investment sources said.

GLOBAL MARKETS-World stocks eke out gains ahead of ECB meeting

10 Apr 2019

* Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh (Updates)

Flows to emerging markets should recover in 2019, 2020, IIF says

05 Apr 2019

LONDON The flow of fresh funds to emerging markets should recover this year and next after a flood of money over the past decade, fueled by loose monetary policy in the United States, Europe and Japan, the Institute of International Finance said on Friday.

UPDATE 1-EBRD says ready to increase Turkish bad loan help if asked

04 Apr 2019

LONDON, April 4 Turkey's lira and banking stocks staged a late rally on Thursday after the European Bank for Reconstruction and Development said it was ready to help Turkey tackle the growing level of unpaid and problem loans in its banking sector if asked.

Aramco treads carefully on Saudi ties as it markets debut bond

04 Apr 2019

LONDON/NEW YORK/DUBAI For Saudi Aramco and its advisers, a debut international debt issue that could raise well over $10 billion presents a key challenge - how to forge an identity as a state-owned major while in the same league as the likes of Exxon Mobil and Shell.

Oil-rich sovereign funds look to renewables alongside fossil fuels

01 Apr 2019

LONDON Sovereign wealth funds from oil-rich countries in the Middle East are moving to diversify into renewable energy, pushed by regulators and pledges on climate change, but are stopping short of following Norway in shedding some oil and gas investments.

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