In a statement, Libya’s National Oil Corporation (NOC) stated, German Foreign Minister Heiko Maas had underscored the importance to bring about an immediate end to the blockade of oil facilities in Libya. NOC chairman Mustafa Sanalla met Maas in Tripoli… Read More ›
On Thursday, an industry body stated, asset managers lending out of their securities is compliant and compatible with principles government investment on environmental, social and governance (ESG). It is now in the process of drawing up guidelines. A survey by… Read More ›
With Chile’s residents and Chilean courts ringing the alarm on depleted water supplies in the country’s Atacama salt flat, Albemarle, the world’s top lithium miner had filed a proposal in December to monitor water flows beneath the parched desert floor…. Read More ›
ExxonMobil along with 4 other companies have been removed from its board following non-compliance to key minimum requirements, including on emissions reporting and targets. In a significvant development, the Legal & General Investment Management, Britain’s biggest asset manager, has dumped… Read More ›
The deal marks HSBC Amanah’s efforts to integrate the religious principles of Islamic finance with the U.N’s sustainable development goals. The Malaysian Islamic banking arm of HSBC Holdings, HSBC Amanah, stated it has raised $120.63 million (500 million ringgit) worth… Read More ›
Burberry’s CEO Marco Gobbetti is in the process of repositioning the quintessential British fashion house as more upmarket and is pinning his hopes on Riccardo Tisci, a designer whose costumes adorned Beyonce and Madonna. Quintessential British luxury brand Burberry has… Read More ›
Bayer has already received approval from the EU, Australia, Brazil, China; Russia now adds to this list. In a development that aids Bayer’s $66 billion acquisition of Monsanto, it has now got approval from FAS, Russia’s antitrust regulator, for its… Read More ›
The combined company will control more than a quarter of the world’s seed and pesticide market. With the U.S. Justice Department giving the green signal to Bayer AG’s bid to acquire Monsanto Co for $62.5 billion deal, with both companies… Read More ›
U.S. District Judge Charles Breyer has scheduled the next hearing for Dec 16. The current hearing has been postponed since “may produce a resolution of the outstanding issues.” In a development that could add additional pressure to embattled auto maker… Read More ›
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