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United Kingdom

G20

Big insurers welcome regulators' rethink of sector risks

LONDON Global regulators are rethinking how to assess risks in big insurance companies, marking a shift that could make life easier for the industry.

Prospect of post-Brexit boom sparks worry as well as celebration in Frankfurt

FRANKFURT The prospect of bankers pouring into Frankfurt from post-Brexit Britain has worried local residents anxious about the effect on an already dire housing shortage but also energised leftist groups looking to advance their anti-capitalist ideology.

Business, 20 Nov 2017

Put price on carbon, stop bad bets on fossil fuels - U.N.'s Guterres

BONN, Germany Governments should put a price on carbon emissions to help combat global warming and stop making bad bets on fossil fuels, U.N. Secretary-General Antonio Guterres said on Wednesday at talks on a climate pact weakened by a U.S. pullout.

World, 15 Nov 2017

Exclusive: Global regulators to ditch 'too big to fail' gauge for insurers - source

WASHINGTON Global financial regulators have decided to ditch a "too big to fail" gauge for assessing the riskiness of insurers, according to a source briefed on the matter, in a big win for companies such as American International Group and Prudential Financial Inc .

Business, 10 Nov 2017

Prospects for Putin-Trump meeting at APEC summit unclear

MOSCOW/BEIJING Prospects for a meeting between Russian President Vladimir Putin and U.S. counterpart Donald Trump at this week's Asia-Pacific Economic Cooperation summit were unclear after the Kremlin said a meeting was definite before saying it was just a possibility.

World, 09 Nov 2017

Prospects for Putin-Trump meeting at APEC summit unclear

MOSCOW/BEIJING Prospects for a meeting between Russian President Vladimir Putin and U.S. counterpart Donald Trump at the Asia-Pacific Economic Cooperation summit in Vietnam this week were unclear after contradictory statements from the two sides.

Business, World, 09 Nov 2017

Syria deal may be on agenda for Putin-Trump Asia meeting - report

MOSCOW Russian President Vladimir Putin and his U.S. counterpart Donald Trump may discuss a Syria settlement at an Asian economic summit in Vietnam next week, the RIA news agency reported on Saturday.

World, 04 Nov 2017

Putin, Trump may meet next week at APEC summit

MOSCOW Russian President Vladimir Putin and U.S. President Donald Trump may meet next week at an Asian economic summit amid strains over sanctions against Moscow, the Syria conflict and the investigation into alleged Russian meddling in the 2016 U.S. presidential campaign.

World, Syria, Middle East 03 Nov 2017

Rise of the machines must be monitored, say global finance regulators

LONDON Replacing bank and insurance workers with machines risks creating a dependency on outside technology companies beyond the reach of regulators, the global Financial Stability Board (FSB) said on Wednesday.

Business, 01 Nov 2017

IMF endorses Saudi plan for $500-billion business zone

DUBAI The International Monetary Fund has endorsed an ambitious Saudi Arabian plan to build a $500-billion (378.56 billion pounds) business and industrial zone extending into Jordan and Egypt, saying the project could benefit the whole region.

Business, IMF, Middle East 31 Oct 2017