Author: KMFSLLP

ZURICH, Dec 7 (Reuters) - General Electric Co is axing 12,000 jobs at its global power business, the struggling industrial conglomerate's latest effort to shrink itself into a more focused company.

LONDON/PARIS, Dec 7 (Reuters) - British bank Barclays has slid down the rankings in arranging European government bond sales as new regulations and Brexit uncertainty cause upheaval in the sector. Barclays had the largest share of the government syndicated bond market in 2015 and 2016 with over 10 percent, Thomson Reuters...

Effects would include loss of 75,000 financial services jobs and rise in food prices

LONDON, Dec 7 (Reuters) - The United Kingdom as a whole needs to take back control of its borders, laws and cash when it leaves the European Union, Foreign Secretary Boris Johnson said on Thursday.

(The writer is a Reuters contributor. The opinions expressed are his own.) By Chris Taylor NEW YORK, Dec 7 (Reuters) - If any industry is in the throes of total disruption right now, it is retail. Some brick-and-mortar...

NEW YORK, Dec 7 (Reuters) - Influential bond investor Bill Gross of Janus Henderson Investors warned Thursday the Federal Reserve should be "more cautious and easier" in its interest-rate hiking campaign, given the enormous exposure investors have to pricey risk assets including corporate bonds and high-yield junk debt.

* Deal follows govt. review on betting terminals (Adds background, quotes)

LONDON, Dec 7 (Reuters) - Sovereign wealth funds broadly plan to raise exposure to international equities in the coming 12 months, a survey showed, suggesting that the stock market bullrun is set to continue.

BEIJING/SHANGHAI, Dec 7 (Reuters) - Ten Chinese joint-stock banks raised objections to new central bank rules to tighten regulations on the asset management industry during a close-door meeting in Shanghai last week, three sources with knowledge of the matter told Reuters.