Big banks are propping up the coal industry as it keeps on pumping out toxic emissions in some parts of the world15 May, 12:28, Business Insider • Développer
Summary List Placement It's been six years since the world's governments adopted the Paris Agreement. But in many parts of the world, including my country of Indonesia, the coal industry rampages on, aided and abetted by banks from around the world. Coal is the single most significant source of global temperature increases to date. Scientists say if we want to meet the Paris Agreement's 1.5°C target, coal needs to be phased out globally by 2040 . As important as political action is on climate change, banks must end their financing of coal too. Through their lending and investing activities, many banks are funding companies opening new coal mines and building new coal power plants, despite the UN saying that all new coal projects should be cancelled immediately to meet climate goals . If financial institutions phased out funding for coal-dependent companies, the transition from polluting power to clean would be vastly accelerated. Dirty money In the UK, public and investor outcry on coal is mounting.
On Friday night, the Liberty will tip off the WNBA’s 25th anniversary season against the Indiana Fever (7 p.m., YES) with a limited number of fans in attendance at Barclays and with a renewed sense of optimism about their makeover.
Boss of New York-based Sherborne Investors gives up campaign to overhaul British bank The activist investor Edward Bramson has sold his 6% stake in Barclays, abandoning a three-year battle to overhaul the British bank. Sherborne Investors, Bramson’s New York-based investment vehicle, said it was selling the stake to focus on a new unnamed investment target instead. Continue reading…
Sherborne Investors, the firm led by activist investor Edward Bramson, has sold its 6% stake in Barclays, it said on Friday, disbanding its efforts to overhaul the British bank.
Domino's Pizza says it will pay Barclays $1 billion cash for about two million shares in an accelerated share buyback.
“The big bounce back at Barclays PLC (NYSE:BCS) (LON:BARC) is continuing with pre-tax profits more than doubling in the first quarter to £2.4 billion. Given the upbeat theme running through these results, the best may be yet to come but concerns are mounting about rising operational costs at the bank. It’s this niggling worry which […] The post Big Bounce Back Continues At Barclays But Investors Fret About Rising Costs appeared first on ValueWalk .
Jes Staley says bank continues to take ‘cautious view’ of impact of Covid-19 pandemic Coronavirus – latest updates See all our coronavirus coverage The UK economy is on course for its biggest economic boom since 1948 as the country’s vaccination programme allows consumers to go out and spend, according to the chief executive of Barclays. Jes Staley predicted the strongest year for economic growth since the aftermath of the second world war, at 6.5% this year, as “tremendous pent-up demand” built up during the pandemic is released. Continue reading…
The Hong Kong-based buyout fund has initiated the process by mandating investment banks Barclays and JP Morgan to find buyers at a valuation of Rs 18,500 crore – Rs 22,200 crore ($2.5-$3 billion), multiple people aware of the development said.
Barclays PLC 's (NYSE: BCS ) U.S. Consumer Bank, a co-branded credit card … Full story available on Benzinga.com
The event at Barclays Center was closed to the public, but fans congregated outside to honor the rapper’s life.
The cryptocurrency hasn’t always been as popular as it is now, in fact, it was first created as a joke by Jackson Palmer and Billy Markus in 2013.
The Indian rupee has turned into Asia’s worst-performing currency from being the best in the previous quarter. It’s poised for more losses as a resurgence in coronavirus cases to a record threatens to hamstring the economy.The rupee weakened past 75 per dollar for the first time in eight months this week. Federal Bank Ltd. expects it to fall further to 76 by year-end. The currency’s slide may be exacerbated by unwinding of short dollar positions against the rupee, which ICICI Bank Ltd. estimates has grown to $50 billion.The mayhem is also weighing on dollar bonds from the nation’s issuers, which have under-performed Asian peers this month, as India overtook Brazil as the second-worst-hit Covid nation in the world. Stricter restrictions on movement across the country are reviving memories of last year when extended lockdowns squeezed demand and pushed the economy into its worst contraction in nearly seven decades.“Economic growth is going to get more impacted than what we are expecting,” said V Lakshmanan, head of treasury at Federal Bank Ltd. in Mumbai. “We are underplaying the impact of Covid.”82078299The rupee slumped 2.6 per cent against the dollar so far in April after falling 0.1 per cent in the quarter ended March.
Police arrested seven people outside the London headquarters of Barclays on Wednesday after climate change activists broke windows to protest the role of the financial sector in climate change.
Climate change activists broke windows at the London headquarters of Barclays on Wednesday, the latest protest aimed at highlighting the role of the financial sector in fuelling what they call the climate catastrophe.
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