(Reuters) – A high-profile newspaper op-ed by a former BlackRock Inc executive questioned the value of sustainable investing in solving problems, prompting other industry analysts to defend the role of funds that push for change in environmental, social and governance (ESG) corporate policies.FILE PHOTO: Larry Fink, Chief Executive Officer of BlackRock, stands at the Bloomberg Global Business forum in New […]

NEW YORK (Reuters) – Oil prices eased further on Monday after a broad sell-off last week, as new European coronavirus lockdowns made a quick demand recovery look less likely.FILE PHOTO: A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus MordantBrent crude was down […]

The outlook for the retail sector is starting to looking brighter following stimulus checks and vaccine rollouts. Investment bank Cowen & Co list four positive themes for the consumer sector set to drive stocks higher. We break down the bank’s top 10 stocks to buy to play these themes. See more stories on Insider’s business page. The pandemic has brought […]

Here are the most important news, trends and analysis that investors need to start their trading day: Nasdaq futures rise as 10-year Treasury yield retreats AstraZeneca vaccine found to be 79% effective in U.S. trial Covid cases rising in 21 states as governors relax restrictions Canadian Pacific Railway to buy Kansas City Southern Cathie Wood's Ark Invest sees Tesla $3,000 […]

TOKYO (Reuters) – Toyota, Nissan, Honda and other Japanese carmakers scrambled on Monday to assess the impact on their production of a fire at a Renesas Electronics chip plant that could aggravate a global semiconductor shortage.FILE PHOTO: Renesas Electronics Corp’s logos are pictured at the company’s conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru Hanai/File PhotoRenesas has said it will […]

LONDON/TAIPEI (Reuters) – AstraZeneca’s COVID-19 vaccine performed better than expected in a major late-stage trial potentially paving the way for its emergency authorization in the United States and bolstering confidence in the shot after numerous setbacks in Europe.FILE PHOTO: A vial labelled with the AstraZeneca coronavirus disease (COVID-19) vaccine is seen in this illustration picture taken March 19, 2021. REUTERS/Dado […]

FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver, British Columbia, Canada March 1, 2021. REUTERS/Jennifer GauthierVANCOUVER (Reuters) – Huawei Chief Financial Officer Meng Wanzhou’s U.S. extradition hearings on Monday are expected to focus on a former Canadian police officer who refused to testify despite being a key witness to […]

MANILA (Reuters) – The Philippines urged China on Sunday to recall more than 200 Chinese boats it said had been spotted at a reef in the South China Sea, saying the presence of the vessels violated its maritime rights as it claims ownership of the area.Some of the about 220 Chinese vessels reported by the Philippine Coast Guard, and believed […]

Futures for the tech-heavy Nasdaq 100 climbed as bond yields slipped. Jerome Powell reiterated that the Fed will support the economy “for as long as it takes.” The Turkish lira plunged after the President sacked the central bank chief – again. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. A fall in bond yields triggered […]