New rules aim to clamp down on corporate greenwashing
By Huw Jones and Simon Jessop LONDON (Reuters) – Companies will face more pressure to disclose how climate change affects…
Business
Analysis-Fever over BlackRock’s bitcoin fund faces chill of rate hikes and regulations
By Elizabeth Howcroft LONDON (Reuters) – BlackRock’s plans for a bitcoin fund have helped push the world’s largest cryptocurrency to…
BlackRock’s Fink says he’s stopped using ‘weaponised’ term ESG
By Isla Binnie (Reuters) – BlackRock boss Larry Fink, at the forefront of the business world’s adoption of environmental, social…
Biden: US, allies not involved in uprising against Putin
By Jeff Mason, Steve Holland and Simon Lewis WASHINGTON (Reuters) -President Joe Biden on Monday said a brief uprising by…
US new vehicle sales set to gain in June – S&P Global Mobility
(Reuters) – Sales of new vehicles in the United States are set to gain in June, helped by sustained demand…
Banks raised questions in 2020 about FTX-affiliated hedge fund’s wire activity, FTX says
By Hannah Lang (Reuters) – Certain banks working with FTX founder Sam Bankman-Fried’s trading firm Alameda Research raised questions about…
Kering snaps up fragrance label Creed for new beauty division
By Mimosa Spencer PARIS (Reuters) – Gucci owner Kering said on Monday it had struck a deal to buy high-end…
PacWest sells $3.5 billion loan portfolio to asset manager Ares
(Reuters) -PacWest Bancorp unveiled a deal on Monday to sell a $3.54 billion lender finance portfolio to asset manager Ares…
Dollar edges off 15-month high vs rouble as Russia eyed
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose against the rouble on Monday, although it had pulled back…
Odey suspends flagship hedge fund after redemption pressure – Bloomberg News
(Reuters) -Odey Asset Management has suspended its flagship hedge fund after it was hit with redemption requests following the removal…