Today: September 19, 2024
Today: September 19, 2024

Latest From Isla Binnie

Asia|Economy|Finance|Stock Markets

Wall Street droops, dollar edges back after bumper Fed cut

Major stock indexes closed with modest losses and the dollar gained ground in choppy trading on Wednesday after the U.S.

Wall Street droops, dollar edges back after bumper Fed cut
Asia|Business|Economy|Finance

Stocks end nearly flat, dollar firms before Fed rate decision

U.S. stock markets ended nearly flat after hitting record highs on Tuesday and the dollar stood firm as strong economic data allayed slowdown fears and investors

Stocks end nearly flat, dollar firms before Fed rate decision
Asia|Business|Finance|Stock Markets

Tech stocks drag, dollar plumbs lows on rate cut expectations

Tech stocks dragged on U.S. indexes and the dollar touched a more than one-year low against the yen on Monday as all eyes looked to a Federal Reserve meeting later

Tech stocks drag, dollar plumbs lows on rate cut expectations
Economy|Environment

US House committee demands ESG information from investors

The Republican leader of a U.S. congressional committee wrote on Tuesday to demand more than 130 investors explain their environmental, social and governance (ESG)

US House committee demands ESG information from investors
Asia|Economy

Stocks fall as global cyber outage weighs; dollar, yields rise

World stock indexes fell on Friday as a global cyber outage rattled investors by disrupting operations across multiple industries, while

Stocks fall as global cyber outage weighs; dollar, yields rise
Business|Economy|News

Stocks ease as tech sell-off spreads, data boosts dollar

World stock indexes fell on Thursday as a selling mood around high-priced technology stocks crept into the rest of the market, while the dollar index gained after

Stocks ease as tech sell-off spreads, data boosts dollar
Business|Economy|News

Trade fears hamper tech stocks, dollar falls amid rate cut talk

Global equity indexes mostly fell on Wednesday as possible U.S. trade curbs on chip equipment pulled tech stocks lower, while Treasury yields and the dollar both hit

Trade fears hamper tech stocks, dollar falls amid rate cut talk
Business

Citi says 42% of energy clients lack climate transition plans

Almost half of the energy companies Citi lends to are lacking plans to cut greenhouse gas emissions, the fourth-largest U.S. bank said in a climate report released

Citi says 42% of energy clients lack climate transition plans
Business

BlackRock, "dismayed" by $8.5 billion Texas divestment, urges rethink

A senior BlackRock executive said on Thursday the world's largest asset manager was "

BlackRock, "dismayed" by $8.5 billion Texas divestment, urges rethink
Business

CalPERS says Exxon should drop lawsuit against climate-conscious investors

The largest U.S. public pension fund plans to ask Exxon Mobil to drop a lawsuit against investors that filed a shareholder resolution asking the U.S. oil major to

CalPERS says Exxon should drop lawsuit against climate-conscious investors
Business

Texas schools fund pulls $8.5 billion from BlackRock over ESG policies

A Texas schools fund said it told BlackRock on Tuesday it would terminate a contract to manage around $8.5 billion of state money due to the energy investment

Texas schools fund pulls $8.5 billion from BlackRock over ESG policies
Business

Accounting body says investors want climate data that U.S. rules exclude

Investors will be asking companies for data on indirect greenhouse gas emissions that new U.S. financial disclosure rules exclude, the International Sustainability

Accounting body says investors want climate data that U.S. rules exclude
Business

US SEC meets to vote on climate rule that scraps Scope 3 emissions reporting

Wall Street's top regulatory body meets on Wednesday to vote on whether to adopt rules that would force public companies to disclose certain climate-related risks, in first-

US SEC meets to vote on climate rule that scraps Scope 3 emissions reporting
Business

BlackRock CEO Fink woos Texas after ESG spat

BlackRock Chief Executive Larry Fink sought to build rapport with Republican officials at an energy investment summit in Houston on Tuesday after Texas blacklisted the asset

BlackRock CEO Fink woos Texas after ESG spat
Business

US energy tax credit trading grows to as much as $9 billion, study finds

Developers of renewable energy projects selling unused U.S. tax credits to other companies now account for a market worth between $7 billion and $9 billion, buoyed

US energy tax credit trading grows to as much as $9 billion, study finds
Business

Companies fear lawsuits from California's climate disclosure rules

California's new emissions laws could force companies to reveal more about their carbon footprint to the U.S.

Companies fear lawsuits from California's climate disclosure rules
Business|Economy

U.S. Republican states support Exxon in shareholder activism dispute

Officials from 19 Republican U.S. states urged major money managers on Thursday not to vote against ExxonMobil's directors at a meeting next week where some

U.S. Republican states support Exxon in shareholder activism dispute
Economy

ESG fund closures in US outpace launches for first time since 2020 - Morningstar

Money managers in the United States have closed funds with sustainability mandates faster than they opened new ones over the past three months as investor appetite

ESG fund closures in US outpace launches for first time since 2020 - Morningstar
Business|Economy|Political

US House committee report finds Wall Street colluded to curb emissions

The Republican majority in a U.S. congressional committee published a report on Tuesday accusing Wall Street firms of colluding with advocacy groups to force companies to

US House committee report finds Wall Street colluded to curb emissions

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