Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of regulatory initiatives to strengthen requirements and promote international best practice.
As technology continues to reshape financial services, regulators and policy setters are embarking on a range of digital-finance initiatives to manage risks and set appropriate standards.
On this week’s episode of ESG Currents, Professor Michael Greenstone joins BI’s director of ESG research, Eric Kane, and senior ESG analyst, Rob Du Boff, to discuss his research on pricing the social cost of carbon and Climate Vault’s efforts to create a more robust market for carbon credits.
Nov 13 Reuters French power and data cable specialist Nexans released revised financial guidance for 2028 and a roadmap to benefit from surging demand, boosting its shares on Wednesday. In a statement to coincide with its Capital Markets Day event in London, the group said it expects to reach adjusted earnings before interest, taxes, depreciation and […]
Nov 13 Reuters India39;s Eicher Motors, which makes the Royal Enfield brand of motorcycles, reported a biggerthanexpected quarterly profit on Wednesday, helped by increased sales of its highercapacity models such as the 39;Himalayan39;. The company said its net profit rose 8.3 yearonyear to 11 billion rupees 130.40 million in the three months to Sept. 30. […]
MUNICH, Nov 13 Reuters Siemens Energy has not proposed a dividend for the 2024 fiscal year, citing limitations to its payout policy as a result of obtaining project guarantees last year that are backed by the German government. A year ago, Berlin supported Siemens Energy with guarantees worth 7.5 billion euros 8 billion as part of a deal […]
Nov 13 Reuters Shares of Indian food and grocery delivery firm Swiggy jumped nearly 15 in their trading debut on Wednesday, bucking weakness in the broader market and a better performance than some analysts had predicted for the lossmaking firm after its 1.4 billion IPO. The stock had listed at 420 rupees 4.98 on India39;s National […]
Bloomberg reports MBO could be worth 58 bln Japan39;s megabanks are in talks for loan to fund MBO reports Seven i shares untraded with a glut of buy orders TOKYO, Nov 13 Reuters Japan39;s Seven i Holdings has received a buyout proposal from a member of its founding Ito family, it said on Wednesday following a […]