Investment giants set out global standard for climate lobbying March 14, 2022 A group of investment giants have ramped up pressure on boardrooms to increase transparency on climate lobbying today, laying out an action plan that bosses will have to stick to or risk having shareholders vote on their decisions.
Top finance firms call for transparency on environmental performance March 14, 2022 A group of the world’s top financial firms with more than $130tn in assets have called on businesses to reveal data on their environmental performance, as global governments prepare to push for more transparency on sustainability.
BlackRock clients take $17bn hit as Russian assets plunge in value March 11, 2022 The world’s largest asset manager BlackRock has taken a $17bn hit on its Russian investments which have plunged in value since the invasion of Ukraine.
Fintech cash injection from Canadian pension fund reignites calls for UK schemes to ‘step up’ March 11, 2022 A cash injection from one of Canada’s biggest pension funds into a London fintech firm has reignited calls for UK pension funds to “step up” and back British tech today.
London Metal Exchange extends nickel freeze after scrapping $3.9bn worth of trades March 11, 2022 The London Metals Exchange confirmed last night that nickel trading would remain suspended until next week after it took the drastic step to halt trading and scrap around $3.9bn worth of trades on Tuesday.
Evraz board quits after Abramovich hit with sanctions March 11, 2022 Russian steelmaking giant Evraz said 10 of its board members had quit today after the firm’s largest shareholder Roman Abramovich was slapped with sanctions, leaving only the chief executive remaining in post.
Property developer Berkeley on track to hit targets despite ‘volatile’ trading environment  March 11, 2022 Property developer Berkeley said it was on track to meet its performance targets today despite a “volatile” trading environment continuing to ramp up costs and put pressure on the firm’s supply chain.
Gold price roars back as Ukraine-Russia talks yield no progress March 10, 2022 Gold resumed its charge this afternoon after the price faltered this morning on hopes of diplomatic progress between Russia and Ukraine.
London-based Lendable tops £3.5bn valuation after fresh funding round March 10, 2022 London-based lending platform Lendable has announced a £210m funding injection today that pushes its valuation north of £3.5bn, as it looks to accelerate a push into new markets.
Amazon unveils share split and $10bn buy back programme March 10, 2022 Amazon unveiled plans for a 20-for1 share split last night alongside a $10bn buyback programme as it looks to re energise its share price after a month of decline.
