Focus on Finance
EU finalises investment fund labels to combat greenwashing
ESMA greenwashing crackdown rules will mean investment funds with sustainability-related names must have 80% of assets meet ESG objectives.
Canadian banks directed over US$100 billion to oil and gas last year: report
Canadian banks provided almost US$104 billion in fossil fuel funding last year despite the urgent need to reduce emissions, says the latest annual...
US, Japanese banks lead fossil fuel financing
Fossil fuel financing fell by 9.5% last year, says climate campaigners' report, but banks are still sending $705bn to the sector.
French presidency: Amazon to announce new 1.2 billion euros investment in France
Amazon will announce a new 1.2 billion euros ($1.3 billion) investment in France, the French presidency said on Sunday
Court rejects Republican states’ challenge to SEC’s ESG proxy vote rule
A federal appeals court on Friday dismissed a lawsuit by four Republican-led states that sought to block a U.S. Securities and Exchange Commission...
Enbridge says carbon storage project still alive in spite of Capital Power decision
Enbridge Inc.'s proposal to build a major carbon storage hub in Alberta remains on the table, the company said Friday, in spite of...
Chinese EV maker Zeekr prices US IPO at top of range to raise $441 million, source says
The strong demand for Zeekr’s IPO comes against a backdrop of a fierce EV price war in China that has undercut profits, leaving...
