Author: Press Room

The path to net zeroNicolai Tangen, chief executive of the $1.3tn Norwegian oil fund, said it will become a more vocal shareholder and plans to vote against companies that fail to set a net zero emissions target, overpay their top leaders, or lack diversity on their boards.Speaking at the Financial Times Global Boardroom event in London, Tangen said the fund would become more aggressive on environmental, social and governance (ESG) issues, and aim to be a more contrarian and long-term investor. “Yes, we can be [more vocal] and I think we will be . . . we can vote more against the companies where…

CNN  —  Finally back on American soil after nearly 10 months of imprisonment in Russia, WNBA star Brittney Griner is spending time at a medical facility in Texas before she returns to her regular life. The basketball star – who was released Thursday as part of a prisoner exchange between the US and Russia for notorious convicted arms dealer Viktor Bout – arrived at Brooke Army Medical Center in San Antonio for a routine evaluation early Friday, and officials have not specified how long she will be there. “I’m understanding that it’s going to be a few more days before…

It turns out that the Giants were out of Sunday’s blowout loss even earlier than it looked.  The outcome could have been determined Wednesday, when Saquon Barkley injured his neck during practice. Barkley revealed that he suffered a stinger, which was the reason that he was listed as questionable on the final injury report of the week and treated as a game-time decision entering Sunday’s 48-22 loss to the Eagles at MetLife Stadium.  “I wasn’t limited,” Barkley said after playing 20 snaps and rushing nine times for 28 yards. “I think it was part of just the game plan. Obviously,…

Last week, Macao announced an easing of quarantine rules for overseas arrivals, to five days of hotel quarantine plus three days of home isolation, while ending the routine testing of visitors from China and no longer locking down entire buildings when a confirmed case is discovered. Macao has retained an open border with the neighbouring Chinese city of Zhuhai throughout the pandemic, although movement has been constrained by requirements for permits and testing, and other restrictions. Many people work and live on both sides of the border and commute daily. The former Portuguese colony, home to more than 600,000 people,…

Credit Suisse provided an emergency $140mn loan to Greensill Capital based partly on invoices to companies who deny ever doing the business stated on the documents.The Swiss bank provided the loan in October 2020, less than five months before the collapse of Greensill, a supply chain finance firm that counted former UK prime minister David Cameron as a senior adviser.Invoices issued by metals magnate Sanjeev Gupta’s Liberty Commodities and sold to Greensill formed part of the collateral for the loan, according to documents seen by the Financial Times and people familiar with the transaction. Yet several of the parties named…

At a time when U.S. cities have been torn apart by crushing housing costs, contentious battles over police and crime, and the ever-widening divide between haves and have-nots, Karen Bass embraced unity Sunday night as she sets out to lead Los Angeles.The former L.A. congresswoman was inaugurated as the city’s 43rd mayor Sunday night amid fanfare that included a swearing in by Vice President Kamala Harris and performances by Stevie Wonder and Las Cafeteras, a Chicano band from East L.A. that fuses Afro-Mexican sounds, roots music, and migrant narratives.Bass is tasked with patching fissures in the social contract in a…

Sky News Business Reporter Edward Boyd says a lot oil and gas companies are currently under a “considerable amount of pressure” on the stock market today. “Investors are clearly selling off a lot of both the oil and gas sector along with (the) utility sector as well off the back of this proposal by the government to introduce a cap on the price of gas and the price of coal,” he said. Source: Sky News

An eagle is now safe after it was impaled by a lightning rod atop a 120-foot radio tower above an elementary school in MacClenny, Florida.Firefighters from the MacClenny Fire Rescue Department assisted wildlife authorities to ensure the eagle was rescued safely, according to Fox 13.”Great job, fellas. We are extremely proud of you and what a call. To be up close to America’s symbol of freedom, what a memory!” read a social media post from MFRD. Upon arriving on the scene, crews ascended to a height of 100-feet. NH HIKER FALLS TO DEATH OFF MOUNTAIN CLIFF WHILE TAKING PHOTOS WITH HIS…

Hundreds of migrants were spotted Sunday night crossing illegally into El Paso, Texas, through the U.S.-Mexico border. A massive line of migrants was waiting to be taken into custody by Border Patrol, and more migrants are on the way.In a 24-hour time span from Friday to Saturday, the El Paso sector had more than 2,600 migrant crossings.Prior to these border crossings, Mexican police escorted nearly 20 buses full of migrants into the Mexican city of Ciudad Juarez, which is located across from El Paso. The Police released the migrants to various non-governmental organizations. ARIZONA SHERIFF CALLS ON GOV. DUCEY TO STOP SENDING…

You can enable subtitles (captions) in the video player No other place like home. It’s a small town. We just want to be able to take care of our own. Banks come and they go. Why this one is leaving is not being explained. People were wondering, what are we going to do? That’s just one more negative against us that we didn’t have anything to do with, that we can’t help. You have to go back to how banks started and who they were created to serve. Redlining basically isolated African-American people for almost 100 years. When you have…