Commodities | 26 May 17
Oil prices slump but experts see rise to $60 before year end
Oil prices could rise in the months ahead and the price fall seen in the wake of OPEC’s Vienna meeting last week may be a buying opportunity, experts have said.
Cristiano Ronaldo faces possible tax fraud charges
Real Madrid star Cristiano Ronaldo is facing possible tax fraud charges in Spain, days after fellow football legend and Spanish club rival Lionel Messi had his 21-month jail term for similar charges upheld.
PEOPLE MOVES: Manulife, Aegon, Legal & General
Manulife’s president and chief executive is to retire, while Aegon has appointed a policy affairs heavy hitter to oversee the company’s government relations in Europe, the Americas and Asia. L&G has a new head of strategic business for its pension risk transfer division.
Macro Views | 26 May 17
Sterling takes fright from Conservatives’ shrinking election lead
The British currency has suffered its biggest fall since April after a poll suggested the Conservative party’s lead in the UK general election had diminished.
Sharp fall in premiums bite Japan’s ‘top four’ life insurers
Japan’s four largest life insurers have reported a 16% decline in combined domestic premium income in the fiscal year ending 31 March 2017.