Global stocks stay near record highs; focus turns to central banks, earnings
LONDON (Reuters) - World stocks traded just below record highs on Monday, pausing ahead of this week's central bank meetings, economic data and earnings, while oil prices rose to their highest in over a week after blockades began shutting down two Libyan oilfields.
No turning point in sight as IMF predicts sluggish global growth
WASHINGTON/DAVOS (Reuters) - Global growth appears to have bottomed out but there is no rebound in sight and risks ranging from trade tensions to climate shocks makes the outlook uncertain, a top International Monetary Fund official said on Monday.
Markets regulators struggling to keep up with technology: SEC's Jackson
RISHON LEZION, Israel (Reuters) - The rapid growth of digital assets and computer-driven investment advice has become a key challenge for regulators in trying to keep up with technological advances while seeking to protect investors, a U.S. markets regulator said on Monday.
Global FDI dips, hit by Hong Kong divestment, Brexit: U.N.
GENEVA (Reuters) - Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday.
Explainer: Britain and EU ready to do battle again as trade talks near
BRUSSELS/LONDON (Reuters) - The battle lines between Britain and the European Union are taking shape on farming, fish, state aid, banking and a host of other issues ahead of the launch of negotiations for a free trade deal in March.
Capitalism seen doing 'more harm than good' in global survey
LONDON (Reuters) - A majority of people around the world believe capitalism in its current form is doing more harm than good, a survey found ahead of this week's Davos meeting of business and political leaders.
Central banks can't save the world from climate change, BIS says
BASEL/LONDON (Reuters) - Central banks can't be expected to save the world from climate change, a new book by the Bank for International Settlement said on Monday, urging instead global co-ordination ranging from government policy to financial regulation.
EU won't meet China halfway in investment talks: EU trade chief
BRUSSELS (Reuters) - The European Union wants to agree a deal with China this year to protect foreign investment and increase investment market access, but it will not meet Beijing halfway, EU trade chief Phil Hogan said on Monday.
Most Australian executives say climate change will damage companies: survey
SYDNEY (Reuters) - More than 80% of Australian business executives believe climate change will damage their companies, a survey published on Tuesday showed.
As Brexit nears, UK's Johnson pushes for deeper trade ties with Africa
LONDON (Reuters) - Prime Minister Boris Johnson called for deeper investment ties between Britain and Africa at a summit for leaders of 21 African countries on Monday that comes days before his country will leave the European Union.