Investors pile into bets against Cineworld as it tops list of most shorted stocks March 31, 2022 Investors have piled into bets against UK cinema firm Cineworld to make it the UK’s most shorted company, new data has revealed.
Government explores ways to unlock wave of pension investment March 30, 2022 The government is exploring ways to unleash a wave of investment from pension funds into private assets, as it opens an industry consultation today designed to slash red tape.
Polymetal reports boost in Russian demand for gold as sanctions hamper exports March 30, 2022 Russian gold miner Polymetal said it remains resilient to the impact of sanctions today after a boost in demand from Russians looking to store their cash in the traditional safe haven asset.
Exclusive: Activist shareholders push for ‘hybrid’ AGMs over fears firms are stifling debate March 30, 2022 A shareholder activist group is pushing FTSE 100 bosses to hold ‘hybrid’ shareholder meetings over fears that firms are stifling investor debate by holding meetings in person.
Exclusive: Younger users shun banks over weak sustainability performance March 30, 2022 Young people are shunning banks with weak environmental credentials as demand for sustainability in financial services swells, new data has revealed.
Standard Chartered to end coal financing by 2032 March 29, 2022 Asia-focused UK lender Standard Chartered said it will end legacy coal financing for its clients by 2032 as it looks to sever its remaining financial ties with the fossil fuel.
Liontrust to scoop up Majedie for £51.4m discount after share price plunge March 29, 2022 London-based asset manager Liontrust will scoop up Majedie Asset Management for £51.4m below the price originally proposed for the deal in December, after the firm’s share price plunged in recent months
Why agriculture holds the key to tackling water waste March 29, 2022 | City Talk Water is a precious resource. Ensuring we have enough water for a growing global population in a time of climate change is one of the most important challenges of our time. But in our view it’s impossible to talk about water without also talking about food. Agriculture uses 65% of the world’s fresh water, but [...]
AIG lines up IPO for retirement division as it inks $150bn deal with BlackRock March 29, 2022 US insurance giant AIG is lining up an IPO for its life insurance and retirements business which is expected to fetch a valuation of more than $20bn.
Credit Suisse slashes Russian exposure as lawmakers probe sanction compliance March 28, 2022 Scandal-stricken bank Credit Suisse has announced it will stop pursuing new business in Russia and slash its current exposure to the country, as it comes under fire from US lawmakers over potential breaches of sanctions rules.