Institutional investors back Shell board lawsuit over climate risk By Reuters

[ad_1] © Reuters. A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James By Kirstin Ridley LONDON (Reuters) – A group of European institutional investors is backing a novel London lawsuit against energy giant Shell (LON:)’s board over alleged climate mismanagement in a case that could … Read more

Around 70% of Haitians back international force to fight gangs, survey says By Reuters

[ad_1] © Reuters. FILE PHOTO: Houses pack a hillside in the Jalousie district of Port-au-Prince, Haiti February 3,2023. REUTERS/Ricardo Arduengo (Reuters) – Around seven in 10 people in Haiti back proposed creation of an international force to help the national police fight violence from armed gangs who have expanded their territory since the 2021 assassination … Read more

Investors took back $10B from the fund space, marking the first weekly outflow in six

[ad_1] TimArbaev Wall Steet observed investors retract $10.7B from the fund space which included both conventional funds and exchange traded funds for the week ending Feb. 1. The weekly outflow marked the first week of redemptions in the past six trading weeks. Money market funds experienced the most significant outflow, as the space pulled $8.3B … Read more

Asian stocks pull back, dollar regains footing ahead of U.S. payrolls data By Reuters

[ad_1] © Reuters. Men walk past an electric board displaying Nikkei and other countries’ indexes outside a brokerage in Tokyo, Japan January 16, 2023. The characters on the screen reads,”government bonds”. REUTERS/Kim Kyung-Hoon By Stella Qiu SYDNEY (Reuters) – Asian shares turned lower and the dollar regained some of its footing on Friday, as disappointing … Read more

China’s Caixin services PMI bounces back in January

[ad_1] A private gauge of China’s service-sector activity bounced back in January to expansionary territory, signaling a quick economic recovery following Beijing’s removal of its stringent COVID-19 containment regime in December. The Caixin China Services purchasing managers index rose to 52.9 in January from 48.0 in December, said Caixin Media Co. and S&P Global on … Read more