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Fifty shades of green: EU sustainable fund rules muddy the waters

If you want to invest in a fund branded as sustainable under new European Union rules, you're spoilt for choice. But you may end up owning shares in oil companies, mining conglomerates or tobacco firms.

Blackrock , United-kingdom-general- , United-kingdom , Saudi-arabia , United-states , Nigeria , Brussels , Bruxelles-capitale , Belgium , London , City-of , American

MARKETMIND Rate hike? Not yet, says New Zealand

A look at the day ahead from Tom Arnold.

Norway , South-africa , New-zealand , Denmark , United-kingdom , Danish , Jerome-powell , Dhara-ranasinghe , Tom-arnold , Bank-group , Thomson-reuters-trust-principles , Robinhood-markets-inc

Indian shares hit record highs on banks, FMCG boost; sugar stocks drop

Indian shares hit record highs on Wednesday, boosted by heavyweight HDFC Bank after the country's central bank relaxed restrictions on the private-sector lender for issuing new credit cards.

Mumbai , Maharashtra , India , Bengaluru , Karnataka , Balrampur , Uttar-pradesh , Vishwadha-chander , Thomson-reuters-trust-principles , Nifty-bank , Motilal-oswal-financial-services , Reuters

S&P dips, just off record as energy shares fall

The S&P 500 dipped on Monday, as fuel demand worries during a resurgent pandemic sent energy stocks lower but rising U.S. Treasury yields lifted financials stocks, keeping Wall Street's benchmark index near record levels.

China , New-york , United-states , Jackson-hole , Wyoming , Raphael-bostic , David-gregorio , Chuck-mikolajczak , Tom-barkin , Continental-grain-co , Thomson-reuters-trust-principles , National-securities

China boycotts actor after photos of visit to Japan's Yasukuni Shrine

China's Association of Performing Arts on Sunday called for a boycott of a Chinese actor after photos of him at Japan's controversial Yasukuni Shrine taken in 2018 and 2019 circulated online and sparked outrage among Chinese netizens and media.

China , Beijing , Yasukuni , Hokkaido , Japan , Denmark , Wu-qian , Guizhou , Japanese , Chinese , Danish , Nobuo-kishi

EXCLUSIVE Olam looks to raise about $3 bln via food ingredients London IPO - sources

Olam International (OLAM.SI) is considering raising about 2 billion pounds ($2.8 billion) through a London listing of its food ingredients unit next year, sources familiar with the matter said on Friday, as the Singapore-based trading house seeks to boost its valuation and step up acquisitions.

United-kingdom , London , City-of , Singapore , Amsterdam , Noord-holland , Netherlands , Britain , Stephen-coates , Mark-potter , Thomson-reuters-trust-principles , Morgan-stanley

Philip Morris, Carlyle could fight it out for UK's Vectura in auction ring

The takeover battle for drugmaker Vectura (VEC.L) will enter a rare head-to-head auction process if private equity group Carlyle (CG.O) and tobacco giant Philip Morris (PM.N) do not make final bids by Tuesday, according to a British regulator.

Bengaluru , Karnataka , India , United-kingdom , London , City-of , Britain , British , Philip-morri , Pushkala-aripaka , Philip-morris , Bernadette-baum

India gets below-average monsoon rains for second straight week

Monsoon rains in India in the week through Wednesday were below average for the second straight week, the weather office said, raising concerns over production of summer-sown crops such as cotton, soybean, corn and rice.

Mumbai , Maharashtra , India , Pune , Mark-potter , Harish-galipelli , Ministry-of-agriculture-farmer-welfare , Thomson-reuters-trust-principles , India-meteorological-department , Commodities-india-pvt-ltd , Reuters , India-pvt

CVC funds to buy European vodka maker Stock Spirits for $1 bln

CVC-affiliated funds will buy London-listed Stock Spirits (STCK.L) for about $1 billion, as the private equity firm looks to tap the popularity of its booze among millennials and women in central and eastern Europe.

Italy , Czech-republic , Bengaluru , Karnataka , India , Poland , Switzerland , Spain , Swiss , Christian-schmollinger , Jose-koilparambil , Sachin-ravikumar

Crypto fashion: why people pay real money for virtual clothes

People care what their avatars are wearing.

Miami , Florida , United-states , New-hampshire , Dallas , Texas , United-kingdom , London , City-of , British , Jim-mcnelis , Alissa-aulbekova