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...BlackRock, the world’s largest money manager, is pulling out as a corporate member and transferring its participation to its smaller international arm....
...This has been helped by a deep bench of executives it employs who have experience running some of the world’s biggest companies....
...Citibank, one of the world’s largest foreign exchange trading banks, said that hedge funds had switched from positioning for a decline to betting on the dollar’s appreciation....
...Perhaps no group of analysts in the world is as influential as the team that produces the International Energy Agency’s reports on the energy sector and its green transition....
...Bag fees, introduced by airlines to counter surging fuel prices in 2008, have become a significant source of revenue for carriers....
...And momentum is growing, with world leaders attending a first-of-a-kind Nuclear Energy Summit this week in Brussels, to discuss funding for the industry’s expansion, with the International Atomic Energy...
...in international waters....
...It is the top performing US airline stock over the past year. Among big US carriers, it appears to be the least affected by Boeing’s production and delivery issues....
...Telecom and tech giants are being forced to reroute internet traffic after attacks in the Red Sea put undersea cables at risk, affecting connectivity and services around the world....
...Nearly two years into a Republican campaign to punish BlackRock for insisting that climate change carries financial risk, red state investment funds have pulled about $13.3bn from the world’s largest asset...
...Just last week, Enviva, once one of the world’s largest wood pellet producers, filed for bankruptcy in the US (wood pellets are marketed as a low-carbon alternative to fossil fuels)....
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
...Maersk, the world’s second-largest container shipping line, said it would no longer send its US-flagged fleet through the area....
...Departing US climate envoy John Kerry has accused asset managers of “turning away from science” just weeks after a clutch of the world’s biggest investors stepped back from an industry group set up to tackle...
...Hybrid sales are surging around the world. In the US, they rose nearly two-thirds last year, outpacing the 46 per cent increase in EV sales....
...Of course, there is customer service and access. But even those face tests....
...Public relations group Brunswick has turned to an outsider to fuel its international growth, hiring the chief of New York’s Lincoln Center for the Performing Arts as its next boss....
...The government is saying ‘we feel you have to try to direct money to certain products that are not invested in fossil fuels’....
...After initially lobbying Washington against the imposition of sanctions, the US nuclear industry has now committed to ending reliance on fuel enrichment and conversion services from Russia....
...In the US, particularly, asset managers have come under fire from Republican policymakers....
...It has lost investment mandates from Republican-led US states for allegedly being “hostile” to fossil fuel and been lambasted by Democratic activists for not doing more to divest from it....
...Both companies are owned by US buyout firm Clayton, Dubilier & Rice....
...Brent crude, the international benchmark, rose more than 2 per cent yesterday to a four-month high after Ukraine carried out drone strikes on refineries in Russia and the US announced a decline in stockpiles...
...BlackRock on Monday was sued by the US state of Tennessee, which accused the $9.1tn New York-based asset manager of violating consumer protection laws by misusing environmental, social and governance factors...
...The vessel’s owner pleaded guilty to conspiring to violate US international commerce laws....
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