worldbusinessstar
FTSE 100 flat as losses in banks, energy stocks offset gains...
London’s FTSE 100 ended flat, dragged by weakness in banks and energy stocks, and posted a weekly loss pressured by concerns over surging COVID infections...
ECB to come down on banks surfing market boom
The ECB’s top supervisor Andrea Enria said that the European Central Bank plans to come down on banks that are taking too much risk via financial instruments...
Fund nature protection now or face huge losses
The global economy faces annual losses of $2.7 trillion by 2030 if ecological tipping points are reached. The countries fail to invest more in...
Britain’s Lloyds enters private rental market
British lender Lloyds Banking Group said that it has launched its private rental business. And the main aim of this business is to buy...
Investors say banks must toughen climate policies or face AGM rebellion
Investors managing $4.2 trillion called on some of the world’s biggest banks to toughen their climate and biodiversity policies or risk rebellions at their...
FTSE 100 ends worst session in nearly three weeks
London’s FTSE 100 marked its worst session in nearly three weeks, dragged down by commodity-linked and bank stocks, while a stronger pound weighed on export-oriented companies....
With European recovery in sight, property investors bank on the office
Property investors are betting that demand for office space in Europe will rise as COVID vaccinations are rolled out and people return to work....
ECB to unveil tweaked inflation target, climate role
The European Central Bank will announce the outcome of an 18-month strategy review. This redefines its inflation target and laying down what role it plans to...
Global banks to launch voluntary carbon offset market platform
Four global banks will next month launch a pilot platform for buying and selling voluntary carbon credits. A private sector task force on scaling up...
ECB open to giving banks more time to rebuild capital buffers
ECB bank supervisor Andrea Enria said that the European Central Bank is open to giving banks in the euro zone more time to rebuild capital buffers if the current...
