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May 24, 2022

CORGOV

Swiss Re, UBS among founding buyers in carbon removal scheme

Reuters
by Reuters01
LONDON, May 23 (Reuters) – Insurance firm Swiss Re (SRENH.S) and banking giant UBS (UBSG.S) are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking carbon dioxide out of the atmosphere. Even with pledges of huge reductions......
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Musk says ‘Tesla is on my mind 24/7’ amid concerns about Twitter distraction

Reuters
by Reuters01
SAN FRANCISCO, May 19 (Reuters) – Tesla (TSLA.O) CEO Elon Musk said on Thursday that “Tesla is on my mind 24/7,” trying to soothe investor worries about him being distracted by a Twitter (TWTR.N) deal that has depressed stocks at the electric car company. Posting a picture showing a woman......
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Global scramble for metals thrusts Africa into mining spotlight

Reuters
by Reuters01
A truck exits the mine after collecting ore from 516 metres below the surface at the Chibuluma copper mine in the Zambian copperbelt region, January 17, 2015. REUTERS/Rogan Ward/File Photo Register now for FREE unlimited access to Reuters.com Register JOHANNESBURG, May 8 (Reuters) – The need to secure new sources......
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Etsy says impact on sales from sellers strike not material

Reuters
by Reuters01
A sign advertising the online seller Etsy Inc. is seen outside the Nasdaq market site in Times Square following Etsy’s initial public offering (IPO) on the Nasdaq in New York April 16, 2015. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register May 4 (Reuters) – Arts-and-crafts......
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‘Great Resignation’ sees more companies offer equity to staff

Reuters
by Reuters00
25% of North American companies to offer share grants Over 40% of firms tracked workers’ locations amid COVID-19 Some companies will adjust pay for those working remotely April 27 (Reuters) – Companies in North America and Europe plan to give more employees an equity stake in their businesses to help......
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Human activity is leading to more disasters-UN report

Reuters
by Reuters00
LONDON, April 25 (Reuters) – Human activity is contributing to an increasing number of disasters, with 350 and 500 medium-sized or large disasters a year occurring globally in the past two decades and more frequent events expected, according to a UN report. The number of disasters – many of them......
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Britain moves ahead with mandatory climate plans for companies

Reuters
by Reuters00
Activists from the Extinction Rebellion drape a banner across Marble Arch as part of a protest in central London, Britain, April 16, 2022. REUTERS/Henry Nicholls/File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, April 25 (Reuters) – Britain unveiled a new taskforce on Monday to write rules......
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Global Citizen seeks up to $1 billion for six sustainable ‘Impact’ funds

Reuters
by Reuters00
Wind turbines spin during a winter storm near Palm Springs, California, U.S., March 10, 2021. REUTERS/Mike Blake Register now for FREE unlimited access to Reuters.com Register New model to help scale finance to developing markets Aims to tackle U.N. Sustainable Development Goals To focus on climate, poverty, clean water, food......
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BlackRock expects 75% of company and govt assets to be net zero-aligned by 2030

Reuters
by Reuters00
A sign for BlackRock Inc hangs above their building in New York U.S., July 16, 2018. REUTERS/Lucas Jackson Register now for FREE unlimited access to Reuters.com Register Statement covers corporate, sovereign-linked assets Depends on change in the real economy, client choice NGO calls for more than ‘vague commitments’ LONDON, April......
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Ex-Goldman banker convicted of bribery, money laundering conspiracy charges in 1MDB case

Reuters
by Reuters00
NEW YORK, April 8(Reuters) – Former Goldman Sachs (GS.N) banker Roger Ng was convicted by a U.S. jury on Friday of corruption charges related to his role in helping loot hundreds of millions of dollars from Malaysia’s 1MDB development fund. The charges stemmed from one of the biggest financial scandals......
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EXCLUSIVE IDB may investigate chief over possible relationship with staffer, misuse of funds -sources

Reuters
by Reuters00
Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register MEXICO CITY/WASHINGTON, April 7 (Reuters) – Inter-American Development Bank directors have met to discuss......
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Amazon faces shareholder vote on treatment of warehouse workers

Reuters
by Reuters00
Follows SEC backing for vote after guidance change Filed by retail activist platform Tulipshare LONDON, April 7 (Reuters) – Amazon.com Inc. (AMZN.O), the world’s biggest retailer, will face a shareholder vote calling for an independent audit of its treatment of warehouse workers after the top U.S. securities regulator turned down......
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‘Now or never’: Only severe emissions cuts will avoid climate extremes -U.N. report

Reuters
by Reuters00
April 4 (Reuters) – Drastic cuts to fossil fuel use. Growing forests and eating less meat. These are just some of the actions needed in this decade to contain global warming to 1.5 degrees Celsius above preindustrial temperatures, a major report by the U.N. climate science agency said Monday. Despite......
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Prosecutor urges jury to convict ex-Goldman banker in ‘brazen’ 1MDB scheme

Reuters
by Reuters00
NEW YORK, April 4 (Reuters) – A former Goldman Sachs (GS.N) banker should be convicted of helping loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund and causing “immeasurable” harm, a U.S. prosecutor told jurors in her closing argument on Monday. Roger Ng, Goldman’s former top investment banker for......
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Starbucks’ Schultz announces halt to stock repurchasing program as he returns

Reuters
by Reuters00
Starbucks cups are pictured on a counter in the Manhattan borough of New York City, New York, U.S., February 16, 2022. REUTERS/Carlo Allegri Register now for FREE unlimited access to Reuters.com Register NEW YORK, April 4 (Reuters) – Starbucks Corp’s (SBUX.O) longtime former chief executive Howard Schultz announced on Monday......
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Mexico president eyes accords over energy spat as Kerry visits

Reuters
by Reuters00
MEXICO CITY, March 31 (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Thursday his meeting with U.S. climate envoy John Kerry amid a dispute over Mexico’s efforts to its change energy laws was “friendly, necessary and beneficial”, without going into further detail. Lopez Obrador told a regular news......
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Hershey workers at Virginia plant vote against unionizing

Reuters
by Reuters00
March 24 (Reuters) – Workers at Hershey Co’s (HSY.N) second largest U.S. manufacturing plant voted against unionizing, even as unionization efforts have gained momentum among low-paid workers at large U.S. corporations. The Hershey plant, located at the foot of the Blue Ridge mountains in Stuarts Draft, Virginia, has around 1,400......
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Asian banks ‘falling short’ on decarbonisation efforts -study

Reuters
by Reuters00
A villager walks in front of a coal-fired power plant on the outskirts of Datong, Shanxi province, November 20, 2009. REUTERS/Jason Lee Register now for FREE unlimited access to Reuters.com Register SHANGHAI, March 23 (Reuters) – Banks in Asia are “falling short” when it comes to meeting global pledges to......
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Analysis: Western companies wrestle with Russia ‘half-exits’

Reuters
by Reuters00
March 18 (Reuters) – Western companies that maintain a presence in Russia to provide essential goods such as food and medicines are trying to strike a balance between President Vladimir Putin’s government and advocates of Ukraine pulling them in opposite directions. More than 400 companies have withdrawn from Russia since......
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Telenor says sale of Myanmar unit gets final approval from junta

Reuters
by Reuters00
Telenor flag flutters next to the company’s headquarters in Fornebu, Norway, June 1, 2017. REUTERS/Ints Kalnins Register now for FREE unlimited access to Reuters.com Register SINGAPORE, March 18 (Reuters) – Myanmar’s junta has given the final approval for the sale of Norwegian telecommunications company Telenor’s (TEL.OL) operations in the country......
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