The heads of top US oil companies will answer accusations that their firms have spent years lying about the climate crisisThe heads of major oil companies will make a historic appearance before Congress on Thursday to answer accusations that their firms have spent years lying about the climate crisis.For the first time, the top executives from the US's largest oil company, ExxonMobil, as well as Shell, Chevron and BP will be questioned under oath about the industry's long campaign to discredit and deny the evidence that burning fossil fuels drove global heating. Continue reading...
CHICAGO, Oct. 27, 2021 /PRNewswire/ -- The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced the results of its 2021 director elections. Members elected two independent directors as well as one director from Illinois. One director from Wisconsin ran unopposed. Each...
Upgrades to gilts and Treasuries feature in this month's update of our asset allocation views. : We remain positive for now, although the potential for Q3 earnings to disappoint and peaking liquidity (when the availability of funds is at its most ample) remain key risks to monitor. The strength of economic momentum has diminished whilst the peak in liquidity appears to be behind us. This will be a key headwind going forward.
Wall Street private equity firms are gaining control of retirement systems like California's public pensions and fast-tracking the corporatization of the public sector.
In a series of conversations, Fast Company Impact Council members described achievable changes that could enable institutions and society to emerge from the pandemic as more sustainable, more adaptable, and more inclusive. "Build Back Better" has been a rallying cry in the disaster recovery community for 15 years. What began as an exhortation to construct stronger buildings and roads following hurricanes and earthquakes has grown into a broader mandate: to make communities more resilient by revitalizing local economies while preserving natural resources.
Japanese asset managers, across a range of bench marks, substantially underperform their counterparts in the U.S. They also happen to be compensated less generously by several orders of magnitude. Is there a causal connection here? An article on Japan's new government-sponsored university fund, "Japan's $90bn university fund struggles to draw talent despite size," published in the Financial Times on Oct. 11, implied that there is.
Stanford University today announced a 40.1 percent investment return in its Merged Pool, net of all external and internal costs and fees, for the year ending June 30, 2021. The Merged Pool is the principal investment vehicle for the university's endowment. Stanford's performance surpassed the 33.4 percent median return for U.S. college and university endowments for the year, as preliminarily reported by Cambridge Associates, and represented $12.1 billion of net investment gains. The value of the Merged Pool rose to $41.9 billion as of June 30, 2021.
Gameon Secures Three Additional Prediction Game Projects With Mx Player For Soccer, Tennis & Kabaddi
VANCOUVER, BC, Oct. 26, 2021 /PRNewswire/ -- GameOn Entertainment Technologies Inc. (CSE: GET) (OTCQB: GMETF) (FSE: 9E7) ("GameOn" or the "Company"), a leader in providing broadcasters, TV networks, OTT platforms, leagues, tournaments, sportsbooks and NFTs with white label fan engagement...
While the market driven by short-term sentiment influenced by the accommodative interest rate environment in the US, virus news and stimulus spending, many smart money investors are starting to get cautious towards the current bull run since March, 2020 and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting 40,000 to generate strong returns. However, as we know, big investors usually buy stocks with strong fundamentals that can deliver gains both in bull and bear markets, which is why we believe we can profit from imitating them.
Bank of America Corp. , Citigroup Inc. , Goldman Sachs Group Inc. , JPMorgan Chase & Co. , Morgan Stanley and Wells Fargo & Co. have issued $314 billion in bonds in 2021 for the highest tally since 2008, according to Dealogic data cited Tuesday by The Wall Street Journal. That issuance includes multi-billion dollar issuances from Goldman Sachs, Morgan Stanley and Bank of America this month. Dealogic said financial institutions account for more than a third of U.S. investment grade debt in 2021.