Bank of England threatens curbs on use of 'funded reinsurance' By Huw Jones and Carolyn Cohn LONDON, July 26 (Reuters) - Britain's insurers could face curbs on how they undertake acquisitions of certain pension schemes unless they manage risks better, the Bank of England said on Friday. Large UK insurers such as Legal & General LGEN.L , Aviva AV.L and Phoenix PHNX.L have cashed in on demand for bulk annuities, insurance for defined benefit, or final salary pension schemes.

RPT-EXCLUSIVE-Some investors demand change at LVMH after probe into Dior contractors Repeats the story first published on Tuesday, July 23 with a digital headline By Helen Reid, Mimosa Spencer LONDON/PARIS July 23 (Reuters) - Europe's top asset manager Amundi and other LVMH LVMH.PA investors want the $370 billion luxury behemoth controlled by billionaire Bernard Arnault to take more aggressive steps to monitor its suppliers' treatment of workers after Italian prosecutors disclosed alleged sweats

EXCLUSIVE-Some investors demand change at LVMH after probe into Dior contractors By Helen Reid and Mimosa Spencer LONDON/PARIS July 23 (Reuters) - Europe's top asset manager Amundi and other LVMH LVMH.PA investors want the $370 billion luxury behemoth controlled by billionaire Bernard Arnault to take more aggressive steps to monitor its suppliers' treatment of workers after Italian prosecutors disclosed alleged sweatshop-like conditions at subcontractors for high-end brand Dior, three investors

INSTANT VIEW 3-China cuts short and long-term rates SHANGHAI/SINGAPORE, July 22 (Reuters) - China cut short and long-term rates by 10 basis points on Monday, with the central bank saying it was aiming to support growth. The move follows Beijing's release of a policy document on Sunday outlining its ambitions for the economy. The People's Bank of China cut rates on its seven-day reverse purchase agreements, leading to a similar drop in its loan prime rates (LPR), pulling bond yields down across t

BUZZ-Legal & General at FTSE's bottom after RBC cuts rating, target price ** Shares of British life insurer Legal & General LGEN.L fall 1.8% to 226.3 pence ** Stock is top percentage loser in the benchmark FTSE 100 index .FTSE ** RBC cuts rating to "sector perform" from "outperform" following LGEN's June strategy update, and recent emergence of "disruptive forces" in the UK bulk purchase annuity/pension risk transfer market ** In June, LGEN said it was planning a 200 mln pound ($260.12 mln) shar