Mexico presidential frontrunner pledges $13.6 billion for energy investments
MEXICO CITY (Reuters) – The favorite to win Mexico’s presidential election in June, Claudia Sheinbaum, on Monday outlined a plan to invest $13.57 billion in new energy generation projects through 2030. The…
Canada’s Rogers CEO vows investments to avoid repeat of massive outage
(Reuters) – Rogers Communications Inc has pledged to make the investments needed to avoid massive outages of the kind that crippled customer communications across Canada last week. The Canadian telecom operator will…
How crypto lender Celsius stumbled on risky bank-like investments
By Hannah Lang, Carolina Mandl and Elizabeth Howcroft (Reuters) – Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled on complex investments in the wholesale digital…
Analysis-CTAs, other ‘uncorrelated’ investments boom in volatility ride
By Saqib Iqbal Ahmed and Davide Barbuscia NEW YORK – This year’s U.S. stock and bond sell-offs have boosted demand for strategies aimed at generating returns less dependent on upside in those…
UAE’s ADQ to invest $10 billion in projects with Egypt, Jordan – WAM
(Reuters) -Abu Dhabi state holding firm ADQ will allocate $10 billion in investment for projects with Egypt and Jordan, the United Arab Emirates’ state news agency WAM reported on Sunday, citing the…
JPM goes ‘underweight’ on alternative investments after they lose 10% this year
(Reuters) – Analysts at J.P. Morgan turned negative on alternative investments as they expect lower returns for the asset group compared to traditional assets. The brokerage downgraded alternatives to “underweight” from “overweight”…
Companies should be incentivised to make green investments – UK trade minister
LONDON – Companies need to be incentivised and pushed to make green investments, British trade minister Anne-Marie Trevelyan said on Wednesday. “We need to do all we can to both incentivise and…
EBRD receives donor pledges to ramp up Ukraine investments
LONDON – The European Bank for Reconstruction and Development (EBRD) said on Thursday it expected to ramp up investments in Ukraine and surrounding countries after donors indicated pledges of almost 1 billion…
EBRD to exit Russia investments “as quickly as possible” – president
MARRAKECH – The European Bank for Reconstruction and Development (EBRD) will exit its stakes in Russian companies as quickly as possible, the lender’s President Odile Renaud-Basso said on Tuesday. “We are going…
Mexico says discussed Central America investments with Biden to curb migration
MEXICO CITY – Mexican President Andres Manuel Lopez Obrador and U.S. President Joe Biden discussed investments in Central America to curb migration from the region, Mexico’s foreign minister said on Friday following…
Rising energy prices push almost half German companies to cut new investments – survey
BERLIN – Around 40% of German companies are already feeling the impact of rising energy prices and almost half want to reduce investments due to rising energy costs, a survey showed on…
UK targets Moscow bourse to try to curb investments in Russia
LONDON -Britain said on Tuesday it planned to revoke the Moscow Stock Exchange’s (MOEX) status as a recognised stock exchange in response to Russia’s invasion of Ukraine, a move that would remove…
Hometap Makes Home Equity Investments Available to South Carolina Homeowners
Palmetto State Homeowners Gain Access to Debt-Free Alternative for Tapping Growing Home Equity BOSTON, April 12, 2022 — Hometap, which provides a smart, new loan alternative for tapping into home equity without…
IFC to keep pace of investments in Brazil with environmental focus
SAO PAULO – The International Finance Corporation (IFC), the World Bank’s private-sector arm, is expected to maintain the pace of its environment-focused investments in Brazil regardless of the outcome of the country’s…
Global insurers plan to ramp up private equity investments
(Reuters) – Insurers want to put more money into private equity this year as they contend with rising inflation and its effects on monetary policy, a survey by Goldman Sachs Asset Management…
Mexican startup Stori boosts investments as it targets the unbanked
By Valentine Hilaire MEXICO CITY – Fintech Stori, whose credit cards target the overwhelming majority of Mexicans who lack any kind of formal credit, said on Tuesday it plans to invest $175…
BHP eyes $10 billion Chilean investments, but only with ‘legal certainty’
(Reuters) – BHP Group Ltd said on Tuesday it will invest more than $10 billion in Chile to fuel growth in the world’s largest copper producing nation for the next 50 years,…
Scottish Widows cuts out $2 billion of tobacco, coal investments
LONDON – British pensions provider Scottish Widows will no longer invest in tobacco stocks and will cut back further on coal investments as it expands its responsible investment strategy, it said on…
Intel calls news conference on Europe investments for Tuesday
BERLIN – U.S. chip company Intel has called a news conference for Tuesday to provide updates on planned investments in the European Union. In its invitation to the conference call, Intel said…
Abramovich’s U.S. hedge fund investments frozen- WSJ
– Some U.S. hedge-fund firms that have investments from Russian oligarch Roman Abramovich have been told to freeze his assets after Britain imposed sanctions on him, the Wall Street Journal reported on…
Holiday inn-owner IHG suspends investments in Russia
– Holiday inn-owner IHG said on Thursday it was suspending future investments, development activity and new hotel openings and will close its Moscow office following Russia’s invasion of Ukraine. The London-listed company…
New Jersey Governor Passes Law Barring Public Investments in Russia
TRENTON, NJ – New Jersey Governor Phil Murphy has signed a law that forbids public investments in Belarus and Russia in the wake of the unprovoked invasion of Ukraine. During that invasion,…
Malaysia’s 2021 investments hit record $73 billion
KUALA LUMPUR – Malaysia approved a record 306.5 billion ringgit ($73.33 billion) in investments last year, an 83% jump from 2020 led by the manufacturing sector, the nation’s investment promotion agency said…
P&G ending new capital investments, reducing portfolio in Russia
By Jessica DiNapoli NEW YORK -Procter & Gamble Co is ending all new capital investments in Russia and “significantly reducing” its portfolio to focus on basic hygiene, health and personal care items,…
Shares of French food group Danone fall after it closes Ukraine plant, suspends Russia investments
By Dominique Vidalon PARIS – Shares in Danone fell 3% on Monday after the French food group said it was suspending investments in Russia and had closed one of its two factories…
French food group Danone suspends investments in Russia
PARIS – French food group Danone said in a statement on its website that it was suspending investments in Russia, and that one of its two factories had closed in Ukraine, following…
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