Global Economy
London Stock Exchange Readies Operations for No-Deal Brexit
The London Stock Exchange said its pan-European platform Turquoise would shift trading in euro-denominated shares to its new Dutch hub if Britain leaves the European Union at the end of the week ...
Finance Companies in the UK Make Little Progress in Reducing Gender Pay Gap
Women working in the U.K.'s financial-services industry are seeing little improvement in their pay parity with male colleagues, according to the latest batch of disclosures as this year's reporting ...
Climate Change Activists Are Suing Shell Over Fossil Fuel Usage
Environmentalist and human rights groups said on Friday they had started a lawsuit against Royal Dutch Shell in the Netherlands to force the energy firm to cut its reliance on fossil fuels. The ...
Veteran Nationwide CEO Rasmussen Plans to Retire; Succession Search Is Underway
Long-time Nationwide Chief Executive Officer Steve Rasmussen plans to retire later in 2019, the company disclosed. Rasmussen's last official day as CEO will be Oct. 1, 2019, capping more than 10 ...
Insurance Claims in U.S. Renewable Energy Market Are on the Rise
The frequency and severity of insurance claims in the U.S. renewable energy market have significantly increased over the last five years, meaning insurers and asset owners must reset their benchmark ...
Bayer Claims It Contained Cyber Attack Hatched in China
German drugmaker Bayer has contained a cyber attack it believes was hatched in China, the company said, highlighting the risk of data theft and disruption faced by big business. Bayer found the ...
The 2019 Atlantic Hurricane Season Could Bring 13 Named Storms
There's a lot of reasons people think 13 is an unlucky number. This year may add another. At least 13 storm systems should reach tropical strength and get a name in 2019, with five becoming ...
Russia Banks, Money Transfer Firms Sued Over Downed Malaysian Airlines Plane
The family of an American killed when a Malaysian Airlines plane was shot down over Ukraine in 2014 filed a lawsuit on Thursday against U.S.-based money transfer companies and two Russian banks they ...