DeSantis signs sweeping anti-ESG legislation in Florida

By Isla Binnie and Ross Kerber (Reuters) – Florida governor Ron DeSantis signed into law on Tuesday a bill barring state officials from investing public money to promote environmental, social and governance goals, and prohibiting ESG bond sales. The bill is one of the furthest-reaching efforts yet by U.S. Republicans against sustainable investing efforts, and…

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Ceasefire agreed after death of Palestinian hunger striker in Israeli custody sparks fighting

By Nidal al-Mughrabi and Henriette Chacar JERUSALEM/GAZA (Reuters) -A Palestinian hunger striker died in Israeli custody on Tuesday, sparking an exchange of fire between Israel and armed groups in Gaza, before three Palestinian officials said the sides had agreed to a ceasefire. Earlier, Israeli jets struck in Gaza as armed groups there fired rocket barrages…

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Aston Martin sticks to 2023 outlook after smaller Q1 pretax loss

(Reuters) -British luxury carmaker Aston Martin Lagonda on Wednesday reported a narrower quarterly pretax loss and maintained its 2023 outlook, benefiting from the strong sales of its sport utility vehicle DBX and higher selling prices. Aston Martin, whose models were favoured by fictional British spy James Bond, had said in March that it expects profitability…

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UniCredit raises 2023 goals after stronger than expected quarter

MILAN (Reuters) – UniCredit on Wednesday raised its financial targets for the year, after posting much stronger than expected first quarter earnings. Solid results by Italy’s only bank that regulators deem of global systemic relevance are the latest evidence of strength for a sector where a string of failures this year has shaken investors’ confidence….

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Iran resorts to security cameras, ostracism to deter unveiled women

By Parisa Hafezi DUBAI (Reuters) -Wary of re-igniting Iran’s worst political turmoil in years, the country’s rulers are resorting to new, less obtrusive tactics to punish women who refuse to wear the obligatory Islamic hijab. The methods, introduced following nationwide anti-government protests last year, combine use of security cameras with denial of state services to…

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U.S. SEC to vote on boosting disclosures by private funds, hedge funds

(This May 2 story has been corrected to attribute 2022 SEC proposal following post-publication review in paragraphs 6 and 7) By John McCrank (Reuters) – The U.S. Securities and Exchange Commission will decide on Wednesday whether to adopt new rules for advisors to hedge funds and private equity funds aimed at increasing transparency, competition, and…

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Japan, S.Korea revive stalled economic talks as global risks rise

By Leika Kihara and Jihoon Lee INCHEON, South Korea (Reuters) -Japan and South Korea held their first finance leaders’ meeting in seven years on Tuesday and agreed to resume regular dialogue as tensions in the wider region and slowing growth prod them to increase co-operation and mend strained relations. The resumption of bilateral financial discussions…

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