In a significant development, BlackRock, HSBC and Swiss Re are among the companies who are seeking to create a risk management and disclosure framework aimed at channeling capital towards environmentally projects and away from ones which damage nature. Earlier this year in… Read More ›
In a statement the U.S. Commerce Department said, it has asked a group of anonymous domestic solar manufacturers for additional information before it would consider a request to impose duties on panels produced in three Southeast Asian countries. The development… Read More ›
According to sources familiar with the matter at hand, China Evergrande’s offshore bondholders have yet to receive their due coupon payment by the close of Asia business on Wednesday, despite the cash strapped Chinese developer reaching a $1.5 billion debt… Read More ›
The U.S. Securities and Exchange Commission has charged former senior compliance analyst from Goldman Sachs Group Inc with insider trading, saying he made illegal trades involving banking clients while working in Warsaw, Poland. In a statement the SEC said Jose Luis… Read More ›
In a statement, Apollo Global Management, a U.S. private equity firm said, funds managed by its affiliates have entered a deal to acquire Thermal and Emission Control Materials business from Japan’s advanced materials producer Mitsubishi Chemical Corporation. The deal, which… Read More ›
In a statement United Airlines said, it is ready to terminate around 600 U.S.-based employees who have failed to comply with its vaccination policy. In August, United Airlines became the first U.S. carrier to require COVID-19 vaccinations for all domestic employees. The… Read More ›
On Wednesday, in a significant development, a group of six investors with a combined $4 trillion of assets under management said, it aims to increase engagement with large Asian companies, including energy producers and banks, to ensure that they have… Read More ›
Leaders from the European Union are set to meet next month to discuss surging energy prices with governments scrambling to cushion households from the soaring prices. Benchmark European gas prices have shot up by more than 300% this year because… Read More ›
On Wednesday, in a statement British Prime Minister Boris Johnson said, the government was preparing to ensure fuel supply chains were running smoothly for the run-up to Christmas as he tried to quell public fears of panic buying of fuel… Read More ›
According to senior officials from the Biden Administration, the United States and the European Union are scheduled to discuss the global shortage of semiconductors, tech competition and artificial intelligence (AI) during their first Trade and Tech Council (TTC) meeting scheduled… Read More ›
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