Recent Posts - page 307

• VW to set up venture capital fund in decarbonization push

  By admin1 on September 8, 2021 • ( 0 )

  

  In a statement Volkswagen AG said, it plans on setting up a venture capital fund, which would initially invest $355.14 million (300 million euros) in startups and in decarbonization projects. “Decarbonization will make many things more affordable, not more expensive,” said… Read More ›

• BlackRock’s China mutual fund subsidiary raises $1.03 billion

  By admin1 on September 8, 2021 • ( 0 )

  

  In a first, BlackRock’s mutual fund subsidiary in China established a fund after raising $1.03 billion (6.68 billion yuan) in a shortened subscription period. With this development BlackRock has become the first foreign asset manager to operate a wholly-owned business in… Read More ›

• Standard Chartered arranges water supply project worth $1.1 billion for Angola

  By admin1 on September 7, 2021 • ( 0 )

  

  In a statement Standard Chartered said, it had arranged $1.1 billion in financing to the Angolan government for a water supply project that will serve its capital city Luanda. The funding is made up of two loans – a $910 million… Read More ›

• China pledges to open its capital markets to foreign investors

  By admin1 on September 7, 2021 • ( 0 )

  

  In a statement China’s top securities regulator said, Beijing plans on further opening its capital markets to foreign investors with an aim to pursue pragmatic cross-border cooperation to regulate overseas-listed Chinese companies. In recent months, global investors have been spooked… Read More ›

• European Centre for Constitutional and Human Rights files complaint against German retailers over Chinese cotton

  By admin1 on September 7, 2021 • ( 0 )

  

  In a significant development, a human rights group has filed a complaint to German prosecutors alleging that several fashion retailers have profited from forced labor camps, a euphemism for modern concentration camps, in China’s Xinjiang region. Berlin-based European Centre for… Read More ›

• German industrial orders surge during Q2

  By admin1 on September 6, 2021 • ( 0 )

  

  On Monday, official figures from the German government show that industrial orders have surged in July, hitting a post-reunification high and pointing to a solid start to the second half in the engine room of Europe’s largest economy. The figures… Read More ›

• Blue chip companies don’t make the cut on Britain’s revised best practices code

  By admin1 on September 6, 2021 • ( 0 )

  

  On Monday, in a statement Britain’s Financial Reporting Council said, 125 companies, including Fidelity, BlackRock, M&G, Legal & General, have endorsed Britain’s tougher best practice code to stop “greenwashing” assets, with 64 companies failing to make the cut. Among the… Read More ›

• Euro Zone Recovery Weakened In August Due To Supply Chain Issues

  By admin2 on September 5, 2021 • ( 0 )

  

  Despite concerns of the spread of the Delta variant of the coronavirus and significant issues of supply chains, business activity in the euro zone remained strong in August, according to a survey which indicated that the euro zone economy could… Read More ›

• Kabul Airport becomes operational

  By admin1 on September 5, 2021 • ( 0 )

  

  In a statement, Afghanistan’s airlines operator Ariana Afghan Airlines said, it has resumed some flights in Afghanistan between Kabul and three major provincial cities on Saturday. The development comes in the wake of a technical team from Qatar reopening Kabul’s… Read More ›

• France to push for global tax reforms at next G20 meeting

  By admin1 on September 5, 2021 • ( 0 )

  

  In a statement French Finance Minister Bruno Le Maire said, Paris will do its best to iron out burrs on the technical parameters for a global tax reform at the next G20 meeting, which aims to change the way large… Read More ›

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