World business leaders want the upcoming United Nations climate summit to address difficulties that have hampered the use of carbon pricing to reduce global emissions, with the goal of enhancing the role of businesses in slowing global warming. After negotiators… Read More ›
Day: October 26, 2021
Impending Earnings Report By Restaurant Chains To Have In Focus Global Supply Chain Logjams And Costs
When McDonald’s Corp, Starbucks Corp, and Yum Brands Inc announce their capital expenditures in their earnings reports this week, investors want to get a sense of the impact of the global supply-chain snarl on the development and expansion plans of… Read More ›
2021 Greenhouse Gas Emission At Record Levels, Shows A UN Report
The world is “far off track” in limiting increasing temperatures, according to the United Nations, which warned on Monday as it attempted to provide a stark reminder top world leaders of the challenges facing UN climate negotiations in Scotland. Despite… Read More ›
The Largest Climate Exchange-Traded Fund Range Created By BlackRock
After consenting to stiffer regulations for governing its six existing funds that have a combined $9 billion in assets, the global asset manager BlackRock announced on Tuesday that it has formed the largest variety of climate-aligned exchange-traded equity funds (EFT)…. Read More ›
Novartis weighing options to divest generic drugs unit Sandoz
On Tuesday, Novartis raised the prospect of divesting its generic drugs unit Sandoz while revising upwards its revenue estimate for its two best-selling pharmaceuticals. “Novartis has commenced a strategic review of the Sandoz Division. The review will explore all options, ranging… Read More ›
Japanese financial services group Orix Corp to divest software business Yayoi Co for more than $1.75 billion
According to a report from Bloomberg, Orix Corp, a Japanese financial services group, is likely to divest its software business Yayoi Co for more than $1.75 billion (200 billion yen). Blackstone Inc and Bain Capital are among its bidders, said… Read More ›