Temasek, BlackRock partnership commits initial $600 million to fund firms reducing carbon

FILE PHOTO: A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su/File PhotoSINGAPORE (Reuters) – Singapore state investor Temasek Holdings and BlackRock, world’s largest asset manager, said on Tuesday they have launched a partnership to invest in firms with products and technologies that will reduce carbon emissions. BlackRock and Temasek are committing a […]

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U.S. senator wants to ban Big Tech from buying anything ever again

FILE PHOTO: Sen. Josh Hawley, R-Mo., speaks during a Senate Homeland Security and Governmental Affairs and Senate Rules and Administration committees joint hearing on Capitol Hill, Washington, U.S. February 23, 2021, to examine the January 6th attack on the Capitol. Erin Scott/Pool via REUTERSWASHINGTON (Reuters) – U.S. Senator Josh Hawley, a Republican who has been a staunch critic of Big […]

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Powell says U.S. Fed is reviewing 'concerning' Archegos bank losses – CBS '60 Minutes'

FILE PHOTO: Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS/File PhotoWASHINGTON (Reuters) – The U.S. Federal Reserve is monitoring the implosion of New York fund Archegos Capital and analyzing why some banks suffered billions of […]

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EU chief adviser says credibility of green finance rules at risk

BRUSSELS/LONDON (Reuters) – The head of the group advising the European Union on its green finance rules has urged Brussels to resist political pressure to weaken them, saying the credibility of the regulation is at stake.FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, December 24, 2020. REUTERS/Yves Herman/File PhotoThe EU is racing to meet […]

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UPDATE 1-Aphria's bleak start to earnings triggers slump in pot stocks

(Updates shares, adds rival stocks, comments from conf call, background) April 12 (Reuters) – Canada’s Aphria Inc reported a loss for the third quarter on Monday as it reeled from fresh coronavirus lockdowns in parts of Canada and Germany, sending its shares down 14% and weighing on other pot producers. While the pandemic has lifted demand for weed from customers […]

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