Investors managing £1.8 trillion (US$2.2 trillion) in assets are widening a campaign pressing oil majors to better reflect climate risks in their accounting, and will soon target other businesses with heavy fossil fuel exposure, the group said on Monday.
A global crunch for U.S. dollars that was a hallmark of the early moments of the coronavirus crisis appears to have passed, the latest milestone in a remarkable turnaround in financial conditions engineered by the Federal Reserve and other top central banks.
Tesla Inc Chief Executive Officer Elon Musk said on Sunday that Sept. 15 is the tentative date for the company's shareholder meeting and its "Battery Day" at which it is expected to reveal significant advances in battery technology.
Tesla Inc Chief Executive Officer Elon Musk said on Sunday that the "tentative" date for the company's shareholder meeting was Sept. 15.
China re-classified petrol-electric hybrid vehicles on Monday so they get more favourable treatment than all-petrol or diesel counterparts under new clean car rules, making it easier for automakers to meet environment quotas and offer more choice.
SYDNEY: The recent appreciation in the Australian dollar is not a problem at this point although a lower exchange rate would help the economy, the country's top central banker said on Monday. The Aussie has surged 24 per cent to the US dollar since hitting a low of US$0.5510...
Wirecard AG said on Monday that there was a likelihood that the missing amount of 1.9 billion euros (US$2.13 billion) from its accounts simply did not exist.
SHANGHAI: China left its benchmark lending rate unchanged for the second straight month at its June fixing on Monday (Jun 22), matching market expectations, after the central bank kept borrowing costs on medium-term loans steady last week. The one-year loan prime rate (LPR) remained at 3.85 per ...
Japan's Toshiba Corp said on Monday it planned to monetise its 40.2per cent stake in former flash memory chips unit Kioxia Holdings, stating its intentions of a potential stake sale for the first time.
U.S. stock futures dropped in early Asian trade on Monday as rising coronavirus cases in the United States raised more doubts about a quick economic rebound from the massive downturn triggered by the pandemic.
