UK lawmakers vote in favour of Rwanda asylum plan
LONDON (Reuters) – British Prime Minister Rishi Sunak’s contentious emergency legislation to allow asylum seekers to be sent to Rwanda passed its first parliamentary hurdle …
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Young Chinese spurn traditional investments in favour of gold
By Casey Hall and Amy Lv SHANGHAI/BEIJING (Reuters) – Gold buyers in China are getting younger, as a property market downturn, weakening stocks and currency …
Goldman: Hedge and mutual funds favour banking and healthcare over tech
By Naomi Rovnick and Nell Mackenzie LONDON (Reuters) – Leading hedge funds and mutual funds are betting on gains outside the tech sector in coming …
Proxy firm ISS recommends vote in favour of Brookfield-led consortium’s Origin Energy bid
By Scott Murdoch SYDNEY (Reuters) – Proxy advisory firm Institutional Shareholder Services (ISS) has recommended investors vote in favour of a Brookfield-led consortium’s $10.5 billion …
Pakistan caretaker govt appears to favour Imran Khan’s foes – election commission
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan’s election commission has questioned the neutrality of the country’s caretaker government tasked with holding national elections, saying it …
Norway wealth fund to vote in favour of UniCredit remuneration plan
OSLO (Reuters) – Norway’s $1.3 trillion sovereign wealth fund, one of the world’s largest investors, will vote in favour of the UniCredit remuneration package, it …
European court rules in favour of whistleblower in Luxembourg leaks case
PARIS (Reuters) -The European Court of Human Rights on Tuesday ruled in favour of a former employee of accounting firm PwC, saying his 2016 conviction …
Sovereign investors favour U.S., India as top 2022 investment markets – study
LONDON (Reuters) – India has emerged as the second most coveted investment market after the United States for sovereign wealth funds and public pensions funds …
Pilots at Lufthansa’s Eurowings vote in favour of strike action
BERLIN (Reuters) – Pilots at Lufthansa’s subsidiary Eurowings voted in favour of strike action on Wednesday but first want to continue wage negotiations with their …
ECB to revamp corporate debt holdings to favour greener firms
FRANKFURT – The European Central Bank plans to gradually revamp its 344 billion euro ($358 billion) corporate debt portfolio to favour greener firms, it said …
Italian court rules in favour of Blackstone in RCS property dispute
MILAN – A Milan court has ruled in favour of investment fund Blackstone and rejected an appeal by Italy’s RCS Mediagroup against an arbitral tribunal …
Incoming Philippine Finance Minister does not favour tax hikes to tackle debt
MANILA – Philippine central bank governor Benjamin Diokno, who takes on a new role as finance secretary next month, said on Friday he does not …
Canada says it is in favour of ‘quick’ accession to NATO for Sweden, Finland
WASHINGTON – Canadian Foreign Minister Melanie Joly said Canada was in favour of a “quick” accession to the NATO military alliance for Sweden and Finland. …
France in favour of cutting off Russia from SWIFT – Ukrainian minister
– Ukrainian Foreign Minister Dmytro Kuleba said on Saturday French Foreign Minister Jean-Yves Le Drian had supported cutting off Russia from the global SWIFT payment …
Japan’s yen back in favour as a funding currency, but with more risks
(Refiles to correct 14th paragraph by adding missing word research to analyst job title) By Alun John HONG KONG – As the Bank of Japan …