Edition:
United States

Huw Jones

Wall Street heads for subdued start ahead of jobless claims

8:32am EST

LONDON Wall Street was headed for a subdued start on Thursday as investors waited for fresh clues on the economy from jobless claims, hoping the data will help persuade Congress to finally agree on a COVID-19 stimulus package.

Be prudent over dividends, Bank of England tells insurers

5:39am EST

LONDON Britain's insurers should maintain "high levels of prudence" when it comes to paying dividends given high uncertainty due to the coronavirus pandemic, a senior Bank of England official said on Thursday.

UPDATE 1-Be prudent over dividends, Bank of England tells insurers

5:29am EST

LONDON, Dec 3 Britain's insurers should maintain "high levels of prudence" when it comes to paying dividends given high uncertainty due to the coronavirus pandemic, a senior Bank of England official said on Thursday.

GLOBAL MARKETS-European shares lower after vaccine shots dull COVID economic pain

4:48am EST

LONDON, Dec 3 European shares opened lower on Thursday after gains spurred by advances in vaccines to fight COVID-19, but data across Europe underscored the economic damage still being caused by the pandemic.

EU faces French regulator call to fix derivatives to limit Brexit blow

Dec 02 2020

LONDON France's top securities regulator called on the European Union to amend its derivatives trading rules on Wednesday to avoid damaging its own financial sector after Britain fully leaves the bloc at the end of 2020.

UPDATE 1-EU faces French regulator call to fix derivatives to limit Brexit blow

Dec 02 2020

LONDON, Dec 2 France's top securities regulator called on the European Union to amend its derivatives trading rules on Wednesday to avoid damaging its own financial sector after Britain fully leaves the bloc at the end of 2020.

EU extends relief measures for COVID-hit loans to March

Dec 02 2020

LONDON European Union regulators have revived guidance to allow banks to grant a new round of loan repayment holidays to coronavirus-hit customers until March without triggering a big surge in provisioning that would crimp the flow of credit.

EU banking watchdog revives relief measures for COVID-hit loans

Dec 02 2020

LONDON, Dec 2 European Union regulators have revived guidance to allow banks to grant a new round of loan repayment holidays to coronavirus-hit customers without triggering a big surge in provisioning that would crimp the flow of credit.

London determined to stay top in euro derivatives clearing, LSE says

Dec 01 2020

LONDON The City of London is determined to make sure that it remains the top centre for clearing euro-denominated financial derivatives, a senior London Stock Exchange official said on Tuesday, as Britain's finance industry steps up its lobbying for permanent access to the European Union after Brexit.

London Stock Exchange opens Brexit trading hub in Amsterdam

Dec 01 2020

LONDON The London Stock Exchange's pan-European share trading platform, Turquoise, opened for trading on Monday, a spokeswoman for the exchange said, joining two rival operators.

World News