UKs Renewi to Sell UK Municipal Business to Biffa

May 30 Reuters Waste management firm Renewi plans to sell its UK Municipal business to Biffa Ltd as it fully shifts focus to European recycling markets in line with last year39;s strategic review, the Londonlisted company said on Thursday. Renewi said it will make the transaction through a combination of a nominal cash consideration payable to […]
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Sterling Ticks Higher after Sharp Selloff

LONDON, May 30 Reuters Sterling inched higher on Thursday after falling sharply the previous day as a jump in U.S. bond yields boosted the dollar. The pound was up 0.1 at 1.2709 on Thursday, after falling 0.5 on Wednesday to trade as low as 1.2681 overnight. Britain39;s currency was pulled down from a morethanonemonth high […]
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Global Fund Launches Fly in China as Yuan Slumps

HONG KONG, May 30 Reuters Global fund launches in China have hit a record as a weakening yuan and fragile economy drive demand for foreign assets, in the latest sign of low confidence among domestic investors. Eleven funds issued under the Qualified Domestic Limited Partner QDLP programme have been launched so far this year, according […]
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