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Is ESG Investing Becoming the New Norm? An Insight Into ESG Investing and What This Means for the Future of Business
Date: August 24, 2022
By David Gow, Director of Acumen Financial Planning In this article, Director of Acumen Financial Planning, David Gow discusses his thoughts on ESG investments, the difficulties that can be encountered and whether it will become the new norm in the financial sector. The current landscape Rising in popularity across various industries, ESG has become a...
German Investor Kuehne Does Not Plan to Further Boost Lufthansa Stake – Faz
Date: August 23, 2022
BERLIN (Reuters) – German logistics entrepreneur Klaus-Michael Kuehne is not planning to increase his stake in Lufthansa beyond 15%, he told the Frankfurter Allgemeine newspaper on Tuesday. Kuehne increased his stake in the German flag carrier to 15% in July, making him the biggest shareholder. When asked whether he would make a move when the...
Ben & Jerry’s Loses Bid to Halt Sales in West Bank
Date: August 23, 2022
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) -A U.S. judge on Monday rejected Ben & Jerry’s attempt to stop its parent Unilever Plc from allowing its ice cream to be sold in the Israeli-occupied West Bank, which Ben & Jerry’s said undermined its values. U.S. District Judge Andrew Carter in Manhattan said Ben...
Soccer – Deep Pockets Needed to Persuade Glazers to Sell United
Date: August 19, 2022
By Simon Evans MANCHESTER, England (Reuters) – British billionaire Jim Ratcliffe’s interest in buying Manchester United has raised the hopes of the club’s supporters that their American owners, the Glazer family, might now sell the club and pave the way for a return to glory on the field. Whether that happens will depend on three...
Pummelled by Gas Crisis, Germany’s Uniper Posts $12.5 Billion Net Loss
Date: August 17, 2022
By Christoph Steitz, Tom Käckenhoff and Vera Eckert FRANKFURT/DUESSELDORF (Reuters) – Uniper, the highest-profile corporate victim of Europe’s energy crisis so far, reported a 12.3 billion euro loss ($12.5 billion) due to Russian gas supply cuts, saying it had become a “pawn” in the energy standoff between the European Union and Moscow. Germany’s largest importer...
Moving the Needle: New Sec Regulation Drives Cybersecurity Forward
Date: August 17, 2022
By Michael Brown, field CISO for financial services, Fortinet The U.S. Securities and Exchange Commission (SEC)’s proposed new rules regarding cybersecurity transparency and accountability for all public financial services institutions could have a widespread impact on cybersecurity culture in general. By focusing on board-level cybersecurity oversight and reporting, the SEC aims to bring cybersecurity to...