By , , LONDON/SAN FRANCISCO/TOKYO (Reuters) - U.S. equity futures fell and volatility indicators turned jumpy as a chaotic presidential debate between incumbent Donald Trump and Democratic challenger Joe Biden heightened fears that a disputed ballot could lead to a messy transfer of power.Nagging doubts over whether Republican President Trump would agree to hand over the keys to the White House if he loses have grown in recent weeks. And during the first debate on Tuesday, Trump declined to commit to accepting the results, repeating his unfounded complaint that mail-in ballots would lead to...…By , , LONDON/SAN FRANCISCO/TOKYO (Reuters) - U.S. equity futures fell and volatility indicators turned jumpy as a chaotic presidential debate between incumbent Donald Trump and Democratic challenger Joe Biden heightened fears that a disputed ballot could lead to a messy transfer of power.Nagging doubts over whether Republican President Trump would agree to hand over the keys to the White House if he loses have grown in recent weeks. And during the first debate on Tuesday, Trump declined to commit to accepting the results, repeating his unfounded complaint that mail-in ballots would lead to...WW…

Register now for FREE unlimited access to Reuters.comLONDON, April 19 (Reuters) - What do you do with a $69 million artwork that doesn’t physically exist?That’s the question faced by the Singapore-based investor calling himself Metakovan, who made headlines last month when he bought the “Everydays: The First 5000 Days” by the American artist Beeple at Christie’s.The work is a non-fungible token (NFT) – a new type of virtual asset that has its ownership status and authenticity verified by blockchain. NFTs have exploded in popularity in 2021, with prices skyrocketing.Register now for FREE...…Register now for FREE unlimited access to Reuters.comLONDON, April 19 (Reuters) - What do you do with a $69 million artwork that doesn’t physically exist?That’s the question faced by the Singapore-based investor calling himself Metakovan, who made headlines last month when he bought the “Everydays: The First 5000 Days” by the American artist Beeple at Christie’s.The work is a non-fungible token (NFT) – a new type of virtual asset that has its ownership status and authenticity verified by blockchain. NFTs have exploded in popularity in 2021, with prices skyrocketing.Register now for FREE...WW…

By , New York (Reuters) - The U.S. dollar climbed against a basket of major currencies again on Thursday, leaping over a four-moth high, as investors’ pared their appetite for risk.The dollar index rose about .28% to 92.85 in afternoon trading. The greenback for the year is now up more than 3%.Yields on Treasuries climbed to their highest in the session after weak demand for the second month in a row at an auction on seven-year notes. The session high yield was 1.642%. On Thursday afternoon they yielded 1.630%.The rise again in the dollar indicated investors were shrugging off positive data...…By , New York (Reuters) - The U.S. dollar climbed against a basket of major currencies again on Thursday, leaping over a four-moth high, as investors’ pared their appetite for risk.The dollar index rose about .28% to 92.85 in afternoon trading. The greenback for the year is now up more than 3%.Yields on Treasuries climbed to their highest in the session after weak demand for the second month in a row at an auction on seven-year notes. The session high yield was 1.642%. On Thursday afternoon they yielded 1.630%.The rise again in the dollar indicated investors were shrugging off positive data...WW…

By , NEW YORK (Reuters) - The dollar index rose against a basket of most major currencies on Tuesday, surpassing a two-week high, while yields on U.S. Treasuries slipped as U.S. Federal Reserve Chair Jerome Powell told Congress inflation will not get out of hand.The dollar index was last up 0.65% at 91.8, reversing course from Monday when it dipped but hovered below four-month highs, as investors sought safe havens.Yields on U.S. Treasuries also slipped again, at 1.624%. Earlier Tuesday, the Treasury drew solid demand for two-year notes, with investors looking ahead to auctions for...…By , NEW YORK (Reuters) - The dollar index rose against a basket of most major currencies on Tuesday, surpassing a two-week high, while yields on U.S. Treasuries slipped as U.S. Federal Reserve Chair Jerome Powell told Congress inflation will not get out of hand.The dollar index was last up 0.65% at 91.8, reversing course from Monday when it dipped but hovered below four-month highs, as investors sought safe havens.Yields on U.S. Treasuries also slipped again, at 1.624%. Earlier Tuesday, the Treasury drew solid demand for two-year notes, with investors looking ahead to auctions for...WW…

By , (Correct title of Mindy Lubber in paragraph 7)LONDON (Reuters) - The world’s biggest carbon-emitting companies are far from aligning with the Paris Climate Agreement, a report by the leading climate-focused investor group showed on Monday.Climate Action 100+, whose 575 members manage $54 trillion in assets, was set up in 2017 to engage with the companies responsible for the bulk of planet-heating emissions to encourage them to cut them and strengthen climate disclosures.If added together and treated as a country, the companies - including oil majors like Exxon, Saudi Aramco and BP as...…By , (Correct title of Mindy Lubber in paragraph 7)LONDON (Reuters) - The world’s biggest carbon-emitting companies are far from aligning with the Paris Climate Agreement, a report by the leading climate-focused investor group showed on Monday.Climate Action 100+, whose 575 members manage $54 trillion in assets, was set up in 2017 to engage with the companies responsible for the bulk of planet-heating emissions to encourage them to cut them and strengthen climate disclosures.If added together and treated as a country, the companies - including oil majors like Exxon, Saudi Aramco and BP as...WW…

By , LONDON (Reuters) - Once the preserve of gamers, virtual reality (VR) has been seized on by the financial sector as a way of enlivening home working for lonely traders or isolated executives and replicating real-world sales, networking or training events.With 90% of employees at some of the world’s biggest financial firms now working at home due to a resurgence in coronavirus infections, more and more companies are experimenting with VR.Some practices could stick beyond the pandemic, particularly as home working becomes more widespread.At investment manager Fidelity International,...…By , LONDON (Reuters) - Once the preserve of gamers, virtual reality (VR) has been seized on by the financial sector as a way of enlivening home working for lonely traders or isolated executives and replicating real-world sales, networking or training events.With 90% of employees at some of the world’s biggest financial firms now working at home due to a resurgence in coronavirus infections, more and more companies are experimenting with VR.Some practices could stick beyond the pandemic, particularly as home working becomes more widespread.At investment manager Fidelity International,...WW…

By LONDON (Reuters) - Rich nations, development banks and private creditors need to ramp up support for poorer countries to prevent humanitarian crises and a “lost decade” of global growth, the prominent G30 group of former policymakers and academics said on Wednesday.How to support struggling countries is the most pressing issue being discussed during the virtual annual meetings of the International Monetary Fund and World Bank this week amid warnings 150 million people could be pushed into extreme poverty by the end of next year.The G30, which includes former U.S. Treasury Secretary Larry...…By LONDON (Reuters) - Rich nations, development banks and private creditors need to ramp up support for poorer countries to prevent humanitarian crises and a “lost decade” of global growth, the prominent G30 group of former policymakers and academics said on Wednesday.How to support struggling countries is the most pressing issue being discussed during the virtual annual meetings of the International Monetary Fund and World Bank this week amid warnings 150 million people could be pushed into extreme poverty by the end of next year.The G30, which includes former U.S. Treasury Secretary Larry...WW…