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Finance & Markets

New City of London Lord Mayor Seeks to Get Trillions of UK Pensions Invested

Bronek Masojada had a reputation as a tough leader in the insurance world he worked in for three decades. He’s now planning to bring that same rigor to his role as Lord Mayor of the City of London in a push to boost the UK’s competitiveness — and put its trillions of pension savings to work.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Rupee records gain against US dollar

The Pakistani rupee continued its marginal gain against the US dollar in the inter-bank market on Friday. The local unit closed the day at 276.60, a gain of Re0.01 against the greenback.

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