UPDATE 1-Boohoo co-founder’s re-election opposed by 12% of investors in AGM vote

* Boohoo has been criticised over supply chain issues * Investor advisory groups had opposed Carol Kane’s re-election * Boohoo pay report opposed by 20.2% of votes cast (Adds detail) LONDON, June 18 (Reuters) – Some 12% of votes cast at Boohoo’s annual shareholders’ meeting on Friday opposed the re-election to the board of the British online fashion retailers’ co-founder and executive director Carol Kane. 

UPDATE 1-EU lifts ban on eight banks barred from bond sales

(Updates with context, UniCredit) BRUSSELS, June 18 (Reuters) – Eight banks previously excluded from syndicated debt sales backing the European Commission’s up to 800-billion-euro ($950.7 billion) COVID-19 recovery fund will be allowed to take part in future issues, the EU executive said on Friday. 

UPDATE 3-HSBC takes $2.3 bln hit with sale of French retail bank

* HSBC ends long struggle to exit France retail * Cerberus snapping up European banks * My Money to resurrect former CCF brand * HSBC expects $2.3 billion hit from sale (Adds HSBC to take $2.3 billion loss on French retail sale) By Lawrence White and Gwénaëlle Barzic LONDON/PARIS, June 18 (Reuters) – HSBC has agreed to sell its French retail bank to Cerberus-backed My Money Group in a deal which will mean a loss of around $2.3 billion for the British bank but end its long struggle to dispose of the business as it focuses on Asia. 

Global carbon price floor would limit global warming – IMF staff

By Andrea Shalal WASHINGTON, June 18 (Reuters) – An agreement by some or all of the Group of 20 countries on a flexible global carbon price floor would help limit global warning to 1.5 to 2 degrees Celsius, the International Monetary Fund said in a new staff paper released Friday.