Britain says change in pension funds needed to improve returns

Britain says change in pension funds needed to improve returns

Britain’s Chancellor of the Exchequer Jeremy Hunt leaves Downing Street in London, Britain September 13, 2023. REUTERS/Toby Melville/File photo acquire license rights LONDON, Oct 25 (Reuters) – Britain will not force pension funds to consolidate or invest in high-growth companies, but changes must be made to the sector to offer retirees better long-term returns term, …

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Morning Deal: China Spends, Watching Europe Borrows

Morning Deal: China Spends, Watching Europe Borrows

[1/2]This illustration shows a Chinese yuan banknote, May 31, 2017. REUTERS/Thomas White/Illustration Acquisition of licensing rights Tom Westbrook’s view of the day ahead in European and global markets: Reports on tech and luxury goods giants are mixed. Microsoft (MSFT.O) and Google parent Alphabet (GOOGL.O) beat forecasts, but their stock prices moved in opposite directions as …

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