Category Archives:
H&M Sept-Nov sales rise 8%, returning to pre-pandemic level
STOCKHOLM (Reuters) -Sweden's H&M, the world's second-biggest fashion retailer, reported on Wednesday an increase in September through November sales that was in line with expectations. Net sales were...
Dec 15, 2021
How companies can lower the bar in sustainability bond binge
By Tommy Wilkes and Yoruk Bahceli LONDON (Reuters) - Companies are selling a record number of bonds with penalties attached if they fail to meet environmental and social targets, but there's a catch -...
Dec 15, 2021
Company climate disclosures jump in 2021 as board pressure builds
By Patturaja Murugaboopathy and Simon Jessop LONDON (Reuters) - The number of companies sharing climate data with CDP, the world's leading disclosure platform, jumped by nearly 40% over the last year ...
Dec 15, 2021
Inditex 9-Month net profit more than triples to 2.5 billion euros
MADRID (Reuters) - The world's biggest fashion retailer Inditex cemented its recovery to pre-pandemic levels on Wednesday, posting a net profit of 2.5 billion euros ($2.82 billion) in the first nine m...
Dec 15, 2021
Generali to return up to 6.1 billion euros to investors under new plan
MILAN (Reuters) -Italy's top insurer Generali on Wednesday pledged to return up to 6.1 billion euros ($7 billion) in dividends and buybacks to shareholders as Chief Executive Philippe Donnet presented...
Dec 15, 2021
How BoE’s Bailey upset traders and set UK bond markets adrift
By Tommy Wilkes and Saikat Chatterjee LONDON (Reuters) - As the Bank of England's policy decision was announced on Nov. 4, gasps were heard on some London trading floors. Confident that Governor Andre...
Dec 15, 2021
New York City set to ban natural gas in new buildings
By Scott DiSavino (Reuters) - The New York City Council is expected to vote on Wednesday to ban natural gas in new buildings, following in the footsteps of dozens of other smaller U.S. cities seeking ...
Dec 15, 2021
Fed prepares to stiffen inflation response for a post-transitory world
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected on Wednesday to announce that it is speeding up the end of its pandemic-era bond purchases and signal a turn to interest rate...
Dec 15, 2021
Exclusive-U.S. lawmakers call for sanctions against Israel’s NSO, other spyware firms
By Joseph Menn and Joel Schectman WASHINGTON (Reuters) - A group of U.S. lawmakers is asking the Treasury Department and State Department to sanction Israeli spyware firm NSO Group and three other for...
Dec 14, 2021
Security firm Sysdig raises $350 million in latest funding led by Permira
By Krystal Hu (Reuters) - Cloud security startup Sysdig has raised $350 million in its latest funding round from investors led by the growth fund of private equity firm Permira, the company said late ...
Dec 14, 2021
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