Tag: Economy

School bus drivers lead a caravan through downtown Los Angeles, California, U.S., August 13, 2020. EQT (EQTAB.ST) is taking an unusually expensive bus ride. The Swedish buyout group’s infrastructure arm on Friday said it would pay $4.6 billion including debt to buy two North American businesses from transport operator FirstGroup (FGP.L). The deal, which includes…

SHANGHAI, April 23 (Reuters) – Chinese investment bank China International Capital Corp (CICC) has made green finance a “top priority”, as Beijing steps up pressure on financial institutions to help fund its carbon neutrality pledge. CICC has formed a “green agility team” of 20-plus investment bankers dedicated to channeling funding into low carbon and clean…

© Reuters. FILE PHOTO: Containers are seen at the Yangshan Deep-Water Port in Shanghai By Shrutee Sarkar and Rahul Karunakar BENGALURU (Reuters) – The global economy will recover this year from its coronavirus slump at a pace not seen since the 1970s as strong momentum builds in most major economies, according to Reuters polls of…

Opinion – EconomySupply chain slowdown hits at key pillars of economy and will likely get worse: Dan YerginPublished Thu, Apr 15 20211:49 PM EDTUpdated Thu, Apr 15 20211:50 PM EDTDaniel Yergin@DanielYerginShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsThe pressures on supply chains are increasing and global disruptions are likely…

Please try another search Economy3 hours ago (Apr 21, 2021 04:55PM ET) © Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto By Fergal Smith TORONTO (Reuters) – The Canadian dollar surged by the most since June 2020 against its U.S. counterpart on…

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Opinion – EconomySupply chain slowdown hits at key pillars of economy and will likely get worse: Dan YerginPublished Thu, Apr 15 20211:49 PM EDTUpdated Thu, Apr 15 20211:50 PM EDTDaniel Yergin@DanielYerginShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKey PointsThe pressures on supply chains are increasing and global disruptions are likely…

Please try another search Economy1 hour ago (Apr 20, 2021 03:30PM ET) © Reuters. FILE PHOTO: Adewale Adeyemo confirmation hearing to be Deputy Secretary of the Treasury WASHINGTON (Reuters) -A top Treasury Department official met on Tuesday with 20 top bankers to discuss President Joe Biden’s $2.3 trillion infrastructure plan and ways to use public-private…

Please try another search Economy6 hours ago (Apr 20, 2021 09:55AM ET) © Reuters. FILE PHOTO: Brazil’s Central Bank President Campos speaks at a media statement in Brasilia BRASILIA (Reuters) – Brazil’s President Jair Bolsonaro on Tuesday appointed central bank chief Roberto Campos Neto and seven directors to fulfill their fixed-term mandates on the monetary…

Concise insights on global finance in the Covid-19 era. ———————————————— INCARCERATION ARBITRAGE. Running prisons for profit raises moral questions. That makes companies like CoreCivic (CXW.N) and GEO (GEO.N) and their financiers fair game for environmental, social and governance activists . Barclays (BARC.L) has discovered that the opprobrium isn’t easily avoided, even when there are a…