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Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says
Scope 3 Emissions: Seeking Clarity in a Sea of Uncertainty
Date: October 4, 2024
By Kenneth Grant, Managing Director, Energy Policy and Regulation, Berkeley Research Group and Carlos Pareja, Vice President, Internal Audit, Capital Planning, Morgan Stanley Background It is commonly recognized that Scope 3 emissions represent the majority of emissions for most companies. Unsurprisingly, investors and regulatory authorities continue to advocate for the inclusion of corporate financial disclosures relating to...
Bayer sees Intacta2 Xtend GMO seed covering 30% of Brazil’s soybeans
Date: October 4, 2024
SAO PAULO (Reuters) – Germany’s Bayer forecasts that some 30% of Brazil’s soybean area will be sowed with its genetically modified biotech seed Intacta2 Xtend in the 2024/25 season, doubling the share from the previous crop, a top executive said this week. The exact share Intacta2 Xtend will reach should be clear only in...
Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say
Date: October 3, 2024
By Julie Zhu, Amy-Jo Crowley and Hadeel Al Sayegh HONG KONG/LONDON (Reuters) – Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), three sources with knowledge of the matter said, pushing ahead with preparations as it awaits UK regulatory approval. The China-founded online retailer...
Britain’s Tesco lifts profit outlook after strong first half
Date: October 3, 2024
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursday after market share gains drove a 10% rise in the first half, giving it momentum ahead of the festive trading period. Shares in the group, which has a nearly 28% share of the UK grocery market, climbed 3%,...
Britain’s Tesco lifts annual profit forecast after strong first half
Date: October 3, 2024
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursday after a 10% rise in the first half that was driven by market share gains, giving it momentum ahead of the key festive trading period. The group, which has a near 28% share of the UK grocery...
Euro area long-dated yields rise after sharp drop, geopolitics in focus
Date: October 2, 2024
By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their biggest daily fall since mid-June on concerns about economic growth. Data showed on Tuesday manufacturing activity across the euro zone declined at its fastest pace this year in September. Investors await U.S. jobs data due...