Focus on Finance
The Bahamas will refinance part of its debt to protect its famous turquoise waters
It is the fifth such debt-for-nature swap in the world.
JPMorgan gives green energy finance ratio for the first time
Banks are increasingly under pressure from investors to show how they are helping clients in the transition to clean energy.
NRG Energy posts Q3 core profit beat, raises annual forecast
The Houston, Texas-based utility said it now expects the 2024 adjusted profit forecast to be between $5.95 and $6.75 per share.
Renewable energy offers a cost and opportunity to insurance sector
Renewable energy insurance premiums have surged 20-40 per cent amid soaring claims from extreme weather, stressing insurers’ ESG roles.
Qualcomm forecasts sales, profits above Wall Street estimates
Qualcomm surpasses Wall Street forecasts with strong Q1 projections, driven by gains in PCs and recovering smartphone sales.
No, America’s battery plant boom isn’t going bust – construction is on track for the biggest factories, with over 23,000 jobs planned
America's battery plant boom remains strong, with major factory projects underway and over 23,000 jobs anticipated.
European stocks climb on energy boost; headed for weekly losses
European shares rose on energy stock gains but faced a weekly decline as U.S. election uncertainty fueled safe-haven asset demand.
Volkswagen calls for 10% pay cuts
Volkswagen wants its workforce to take pay cuts of 10 per cent in order to remain competitive and safeguard jobs.
Australia’s Lynas Rare Earths first-quarter revenue falls nearly 6%
Lynas Rare Earths' Q1 revenue dropped nearly six per cent due to low rare-earth prices and muted demand, despite NdPr price gains.
