Norway's sovereign wealth fund accused of 'pretend divestment'

The world’s richest sovereign wealth fund has sunk more money into coal just three months after a high-profile pledge to dump fossil fuels as part of its commitment to responsible investing, according to financial analysis by three environmental groups.

EU referendum uncertainty could hit UK investment, consultants warn

The government’s plan to hold an EU referendum will dent foreign investment in the UK and threatens its position as Europe’s top destination for overseas investors, according to a new report.

Funds feel heat of coal and tar divestment drive

LONDON, May 24 (Reuters) - For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning.

US stocks mostly unchanged on lower oil, higher inflation

NEW YORK (AP) -- U.S. stocks were mostly unchanged in late afternoon trading Friday as energy companies fell along with the price of oil. Investors are weighing the latest batch of corporate earnings results and a report showing a slight increase in inflation last month.

UK retail sales boosted by April's warm weather

UK retail sales rose by 1.2% in April, the strongest increase since November, as the warm weather encouraged shoppers to stock up on summer clothes.