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Final Quarter Blues

(Refiles to read spectre, paragraph 1) By Saikat Chatterjee A look at the day ahead from Saikat Chatterjee. World stocks are set for their third biggest weekly drop this year as supply chain disruptions sweeping across the global economy raise the ugly spectre of stagflation becoming a major factor for investors in the final quarter of 2021. Consid
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Norway wealth fund should push firms to cut emissions to nil, says panel

OSLO, Aug 20 (Reuters) - Norway's $1.4 trillion sovereign wealth fund, the world's largest, should push companies it invests in to eventually cut their greenhouse gas emissions to nil, in line with the Paris Agreement, a government-appointed commission said on Friday. The Norwegian fund, set up 25 years ago to share revenues from Norway's oil and g
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Fifty shades of green: EU sustainable fund rules muddy the waters

* Managers rush to meet Europe's new regulatory regime * Some 'sustainable' funds buy fossil fuel, tobacco shares * Fund firms say vague SFDR definitions to blame * EU says rules about disclosure, not green labels By Tommy Wilkes LONDON, Aug 19 (Reuters) - If you want to invest in a fund branded as sustainable under new European Union rules, you're
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Berenberg sees $2-3 bln reinsurance losses from European floods, overall losses higher

By Carolyn Cohn and Tom Sims LONDON/FRANKFURT, July 19 (Reuters) - Reinsurance losses from the recent European floods are likely to total $2-3 billion, Berenberg analysts said on Monday, but the bank and industry experts said overall losses could be much higher. Flooding has devastated parts of Western Europe since last Wednesday, with the German s
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Berenberg sees $2-3 bln reinsurance losses from European floods

LONDON, July 19 (Reuters) - Reinsurance losses from the recent European floods are likely to total $2-3 billion, Berenberg analysts said on Monday. Flooding has devastated parts of Western Europe since last Wednesday, with the German states of Rhineland Palatinate and North Rhine-Westphalia, as well as parts of Belgium, among the worst hit. "The Eu
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