The U.S. dollar rose on Wednesday from a sevenweek low hit overnight, as broad weakness in stock markets triggered by a resurgence of COVID19 cases in countries from India to Japan fuelled renewed appetite for the safehaven appeal of the greenback. The safety bid also supported the Swiss franc and the Japanese yen as the […]

LONDON, April 21 Reuters Sterling held its ground against the dollar on Wednesday as traders assumed a rise in inflation in March would have little impact on monetary policy and waited for crucial activity and retail sales data due at the end of the week. Consumer price inflation rose to 0.7 in March after dipping […]

TOKYO, April 21 Reuters Japanese shares extended a steep fall on Wednesday as fears of possible coronavirusrelated lockdowns in Japans biggest cities cast doubts over the prospects of an economic reopening. Nikkei share average tumbled 2.23 to 28,451.64, while the broader Topix fell 2.24 to 1,881.11, after losing the most in about a month in […]

SYDNEY, April 21 Reuters The Australian and New Zealand dollars stepped away from onemonth highs on Wednesday with economic data in both countries reinforcing expectations that policy will remain accommodative for an extended period. The Australian dollar was last 0.1 down at 0.7717, drifting away form a onemonth top of 0.7816 reached on Tuesday. The […]

NEW YORK, April 20 Reuters Stocks on Wall Street fell for a second straight day on Tuesday as a global spike in coronavirus cases hit travelrelated shares and investors had second thoughts about big U.S. banks apparently stellar earnings last week. Kansas City Southern surged on the prospect of a bidding war after Canadian National […]

In 2020, corporations committed to net-zero targets at a rapid rate. Almost 40% of the 400 biggest companies have now set an emissions goal and the trend is expected to continue into 2021 and beyond.

April 20 Reuters Londons FTSE 100 fell on Tuesday, dragged down by stocks of heavyweight banking and cigarette makers, while Associated British Foods slipped after a downbeat firsthalf earnings update. The bluechip index slipped 0.3, with tobacco firms British American Tobacco and Imperial Brands declining 6 and 3.4 to the bottom of index after a […]

April 20 Reuters European shares pulled back on Tuesday after hitting record highs a day earlier, as tobacco companies weighed on UK stocks and many regional indexes edged off prepandemic highs. Shares of British American Tobacco, Imperial Brands and Swedish Match fell between 1.7 and 5.6 in early trading following a report the Biden administration […]

TOKYO, April 20 Reuters Japanese shares fell sharply on Tuesday, weighed down by worries that possible reintroduction of COVID19 emergency measures in the countrys biggest cities would slow the economic recovery. Selling was seen across almost all sectors, with only one of the Tokyo Stock Exchanges 33 industry subindexes trading higher and just a more […]

The dollar steadied on Tuesday amid a mix of gains and losses against major currencies as interest rates in the United States moved in a tight range and the outlook for vaccinations in Europe improved. After touching its lowest level in nearly seven weeks in Asia trading, the dollar index steadied in Europe and was […]