 | | | | Sterling was slightly higher against the dollar on Tuesday after Purchasing Managers' index (PMI) data from Britain showed that business activity slowed roughly in line with expectations. | | | | | | Allianz SE is in talks with Chinese banks to set up a majority-owned asset management venture in the world's second-largest economy, two people with direct knowledge of the matter said, aiming to tap a $4.3 trillion market for wealth products. | | | | | | The Indian rupee was trading little changed to the dollar on Tuesday, hovering just under the psychological 80 level, amid rising concerns about the deteriorating global risk mood. | | | | | | The Indian rupee opened marginally higher to the dollar on Tuesday despite rising Treasury yields and weak risk appetite. | | | | | | Broker Marsh and Lloyd's of London (SOLYD.UL) insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain and food products from Ukraine's Black Sea ports under its new marine cargo and war insurance facility. | | | | | | Broker Marsh, a unit of Marsh & McLennan , said on Monday it was launching the world's first dedicated insurance for hydrogen energy projects, as the nascent industry looks to scale up quickly in the fight against climate change. | | | | | | Citigroup Inc's global head of foreign exchange, Itay Tuchman, plans to leave the U.S. bank after more than two decades, according to an internal memo seen by Reuters on Monday. | | | | | | Fintech firm Computer Services Inc (CSI) said on Monday it has agreed to be acquired by investment firms Centerbridge Partners L.P. and Bridgeport Partners for $1.6 billion. | | | | | | As droughts worsen across the world, investors are turning up the heat on companies wasting water and trying to pick winners from a sparse crowd of specialist listed companies looking to address the problem. | | | | | | Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 billion in regulatory fines for employees' use of unapproved messaging tools, including email and apps like WhatsApp. | | | | | |
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