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EXCLUSIVE-World Bank's pension investments clash with principles

WASHINGTON, May 4- The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that clash with the development institution's own calls for ethical and low-carbon investing. In an internal post to staff seen by Reuters, the World Bank's treasurer said around 40 percent of the fund's...
Source: Reuters | By: Valerie Volcovici and Anna Yukhananov
US bonds post steepest weekly sell-off in two months

U.S. Treasury debt prices continued their decline after the release of numerous U.S. data points on Friday.
Source: Reuters
TREASURIES-U.S. bonds post steepest weekly sell-off in two months

*Treasuries lost 0.53 pct in April after March gains- Barclays. Investors have pared their holdings of U.S. government debt since mid-April, as heavy debt supply and diminished pessimism about Europe reduced the safe-haven allure of Treasuries, German Bunds and British gilts. "The fundamentals in Europe are turning and there may be an acknowledgement of that,"...
Source: Reuters | By: Richard Leong
How old? Popular site hits, and misses, CEO ages

A new online tool from Microsoft tells users how old they look. CNBC.com used it to see which CEOs could use some extra vacation time this summer.
Source: CNBC.com | By: Nicholas Wells
The real message from 'Flash Crash' arrest

The "Flash Crash" arrest proves that it's time to stop mocking Michael Lewis-and do something.
Source: CNBC.com | By: Tim Quast, founder and president of Modern Networks IR
Fed in the biz of making things worse: Jim Grant

The Federal Reserve made no changes to its zero interest rate policy Wednesday, which didn't surprise Jim Grant of Grant's Interest Rate Observer.
Source: Reuters | By: Michelle Fox
INTERVIEW-BlackRock CEO's long term view is 'healthy' -Eaton chief

April 29- As his company gets closer to telling shareholders its plan for allocating cash, Eaton Corp Chief Executive Alexander Cutler said on Wednesday a recent call by a prominent asset manager to think long-term represented a "healthy voice." BlackRock Inc Chief Executive Officer Larry Fink earlier this month sent a letter to CEOs of the Standard& Poor's 500...
Source: Reuters | By: Lewis Krauskopf
This more important than rate hike date: BlackRock

Wall Street is focused on when the Federal Reserve will raise rates, but the pace and destination is more important, BlackRock's Rick Rieder says.
Source: CNBC.com | By: Michelle Fox
GDP disappoints, but what Fed says is what matters

The market responded modestly to a weak first quarter GDP report, and traders are now waiting to see how the Federal Reserve reacts.
Source: CNBC.com | By: Bob Pisani
Asian stocks fall after US reports meager 1Q growth

NEW YORK- News that the economy skidded to a near halt in the first three months of the year helped push the stock market lower on Wednesday. Battered by harsh weather, plunging exports and sharp cutbacks in oil and gas drilling, the overall economy grew at a barely discernible annual rate of 0.2 percent in the first quarter, the Commerce Department reported early...
Source: The Associated Press | By: By STEVE ROTHWELL, AP Markets Writer