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Shell leads cash race but Exxon catching up

LONDON (Reuters) – Royal Dutch Shell widened its lead over Exxon Mobil as king of cash among the world’s top oil and gas companies last year but its U.S. rival could catch up with its investment drive in new production. The five leading firms, known as oil maj... More »

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As mining investors push caution, Glencore differs from rivals

FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, November 20, 2012. REUTERS/Arnd Wiegmann/File Photo TORONTO/MELBOURNE (Reuters) – As shareholders push the world’s cash-rich miners to ... More »

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Got cash? Here is what to do with it now

U.S. Dollar banknotes are seen in this photo illustration taken February 12, 2018. REUTERS/Jose Luis Gonzalez/Illustration CHICAGO – Cash is no longer trash. While there is no return to the 5 percent money market yields savers got a decade ago, there is some r... More »

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‘No cash, Carney?’ Bank of England Governor unable to find wallet

The Governor of the Bank of England, Mark Carney, holds a credit card as he speaks to guests during a meal at the ‘Future Forum 2017’ event in St George’s Hall, Liverpool, Britain November 16, 2017. REUTERS/Phil Noble LIVERPOOL, England (Reuters) – Bank of Eng... More »

India central bank sets up panel to oversee ATM recalibrations

A notice is displayed outside an ATM counter which is no longer dispensing cash in Chandigarh, November 14, 2016. REUTERS/Ajay Verma India’s central bank said on Monday it will set up a task force under Deputy Governor SS Mundra to oversee the recalibration of... More »

Cash-rich Brazil funds to lag behind benchmark as turmoil bites

SAO PAULO Equity funds in Brazil are expected to post returns below the benchmark Bovespa stock index’s performance in coming months, partly as their preference for maintaining high cash holdings and heightened market volatility made them miss a recent rally. ... More »