The Green Climate Fund, a $12 billion international climate finance facility, has agreed to make its biggest ever African equity investment, backing infrastructure that can withstand the impact of a warming planet.
The company behind Chivas Regal and Absolut vodka has a new offering in its stable: peanut butter-flavored whiskey.
Pacific Investment Management Co. and Invesco Ltd. are among the largest holders of Credit Suisse’s so-called Additional Tier 1 bonds that have been wiped out after the bank’s takeover by UBS Group AG.
Volkswagen AG said lucrative new US incentives for EV makers were just too good to pass up when weighing to pick a partner or build its own factory to make cars for the new Scout brand.
European technology startups nearly doubled the amount of debt they took on last year, exposing them to the turmoil now roiling the financial system following the collapse of Silicon Valley Bank.
A new analysis of samples taken from a market in Wuhan, China during the early days of the pandemic are the strongest evidence yet that the Covid-19 virus jumped from animals to humans, some researchers say, in a report that laid out fresh findings which first garnered intense interest last week.
UBS Group AG had its credit outlook lowered by S&P Global Ratings and Moody’s Investors Service as the bank faces integration and restructuring challenges following its emergency takeover of Credit Suisse Group AG.
Not so long ago, when much of the UK was asked to stay indoors, thousands of people looked around their homes and though “this could be better.” And so, home improvement companies like B&Q benefitted from people with extra free time and cash deciding to tackle some DIY. Unfortunately for Kingfisher, high prices have put an end to that surge in home improvement activity, leading to a nearly 20% fall in retail profit.
New research finds the leading standard-setters are systematically over-crediting projects, generating junk carbon offsets that some companies use to make green claims.
Rakiza, an infrastructure fund investing in Oman and Saudi Arabia, said it raised $1 billion for its first vehicle and is close to its first deal in the kingdom.
