Newsletter
Asset manager Schroders does not make it onto the best practice list
BlackRock (NYSE: BLK), Fidelity and M&G are among 125 companies recognized under the stricter UK code of best practice against "greenwashing" by asset managers. Schroders (LON: SDR) and 63 other companies did not make it onto the list, as the Financial …
Brent crude oil futures drop 39 cents
Oil prices fell Monday after Saudi Arabia slashed crude oil contract prices for Asia, rekindling concerns about the demand outlook. The Brent crude oil futures fell 39 cents to close at $ 72.22 a barrel. The US crude oil West Texas Intermediate last traded 40 …
Cooperation for cannabis research
Hemp is one of the many plants that are grown commercially almost everywhere in the world. Thanks to their social, environmental and economic benefits. Today there are more than 25,000 products made from hemp. However, very few of them have found their way …
Gold price below two and a half month high
The gold price fell in Asia on Monday morning, but remained below its two and a half month high. A disappointing US employment report suggested that the US Federal Reserve might postpone its asset run-down schedule, which gave a boost to the yellow metal. Gold …
Shipping Industry Proposes Levy To Accelerate Carbon Free Future
Leading shipping associations have proposed a global levy on carbon emissions from ships to accelerate industry efforts toward greener development. With around 90% of world trade carried by sea, shipping is responsible for nearly 3% of global CO2 emissions and …
The prospect of persistently low interest rates boosts stocks
On Monday, global equity markets posted their longest streak in three months, buoyed by hopes that US rates would stay low for longer and rumors of further stimulus measures in Japan and China. A holiday in the United States made trading conditions thin, but …
Small investors are flooding the Chinese stock market
Retail investors have inundated US-listed Chinese stocks. This trend is due to Beijing's crackdown on Chinese companies. In the past week, retail investors have flooded Chinese stock markets more severely than ever in history since 2014. The American …
Novus Acquisition reports record results
The United States Food and Drug Administration (FDA) has yet to approve the use of certain products to treat or prevent various diseases. However, this has not stopped Novus Acquisition & Development Corp (OTCMKTS: NDEV) from showing itself at its best in …
Southern Copper and Las Bambas called on to aid Peru’s mining manufacturing mission
The Peruvian Mining Minister Ivan Merino recently announced in an interview that the country is asking the Chinese MMG Ltd Las Bambas and the Mexican Grupo Southern Copper to help develop a railway line to the Pacific coast. The project, which would connect …
Impurities found in other batches
Moderna (NASDAQ: MRNA) shares fell 1.7% as the company's troubles in Japan were exacerbated by the suspension of another million doses of its Covid-19 vaccine after foreign materials were found in additional batches. The discovery of contaminated batches has …