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Demand for sustainable funds wanes as Ukraine war puts focus on oil and gas
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Superyacht maker Ferretti presses ahead with $1 billion HK listing despite choppy markets -sources
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Is AI better than humans at making investment decisions?
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Will this discourage potential investors?
OPEC flags risk to oil demand outlook from Ukraine war, inflation
Date: March 15, 2022
LONDON (Reuters) – OPEC said on Tuesday that oil demand in 2022 faced challenges from Russia’s invasion of Ukraine and rising inflation as crude prices soar, but it stopped short of changing its forecast for robust demand this year. In a monthly report, the Organization of the Petroleum Exporting Countries (OPEC) stuck to its view...
Oil plunges on easing supply concerns, China COVID cases
Date: March 15, 2022
By Rowena Edwards LONDON (Reuters) -Oil prices tumbled to their lowest levels in almost three weeks on Tuesday as supply disruption fears eased and as surging COVID-19 cases in China spurred demand concerns. Brent futures were down $6.40, or 5.9%, to $100.50 a barrel at 1308 GMT, while U.S. West Texas Intermediate (WTI) crude was...
Understanding ESG and Sustainable Investing
Date: March 14, 2022
By Søren Otto Simonsen, Senior Investment Editor at Saxo Bank Recent years have witnessed a shift in investor appetite, as they now look beyond just monetary gain. As the world becomes more sustainable, so do investors. Rational investors are increasingly aware of their investments and seek to invest in companies that can impact the world...
European shares gain on Ukraine hopes; Volkswagen surges on strong results
Date: March 14, 2022
By Sruthi Shankar and Shreyashi Sanyal (Reuters) – European stocks rose on Monday, clinging to hopes of diplomatic efforts by Ukraine and Russia to end weeks-long conflict, while shares in Volkswagen surged after the German carmaker doubled its operating profit. The pan-European STOXX 600 index ended 1.2% higher, extending gains from Friday when Russian President...
Oil falls 8% on Russia-Ukraine talk hopes, China lockdowns
Date: March 14, 2022
By Scott DiSavino NEW YORK (Reuters) -Oil prices dropped about 8% on Monday to the lowest in two weeks, as diplomatic efforts between Ukraine and Russia looked like they might end their conflict, which would boost global supplies, while a pandemic-linked travel ban in China cast doubt on the demand outlook. Brent futures fell $8.64,...
Didi shares slump after report on suspension of HK-listing plans
Date: March 11, 2022
(Reuters) – U.S.-listed shares of Didi Global Inc slumped 12% in premarket trading on Friday after a report that the ride-hailing firm had suspended preparations for its Hong Kong listing due to its failure to meet China’s conditions on handling sensitive user data. The Cyberspace Administration of China (CAC) told Didi executives that their proposals...