Lebanon on Wednesday paid $71
million in coupons due on Eurobonds maturing in 2025 and 2030, a
source familiar with the matter said, a day after appointing
legal and financial advisers for a widely expected debt
Elizabeth Warren, one of several vying to be the Democratic
party's presidential nominee, this week pressed the world's
largest asset manager for details on its recent vows to take
more account of climate risks.
Lloyd's of London will
pilot an electronic exchange to handle simple insurance risks
this year, it said in a strategy update on Wednesday, as the
330-year old commercial insurance market seeks to modernise.
Britain will likely secure only
temporary access to the European Union financial market under a
broader trade deal in which finance may take a back seat to
sectors such as fishing, financial industry officials said on