Saturday, 22 February 2025

Focus on JPMorgan

FILE PHOTO: VinFast electric vehicles are parked before delivery to their first customers at a store in Los Angeles, California, U.S.,  March 1, 2023. REUTERS/Lisa Baertlein/File Photo
BusinessElectric Vehicles (EVs)FinanceNewsTrade

EV maker VinFast’s losses heap pressure on parent Vingroup as foreign investors sell

By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Vietnamese conglomerate Vingroup is facing renewed scrutiny on its strategy of backing loss-making electric...

FILE PHOTO: The Bank of Nova Scotia (Scotiabank) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File photo
ClimateFinanceNewsPolitics

Scotiabank joins major Canadian lenders quitting global climate coalition

Bank of Nova Scotia on Monday joined some of Canada's biggest lenders to walk away from a global banking sector climate coalition.

FILE PHOTO: A coat of arms is seen on one of the original Bank of Montreal (BMO) buildings in Toronto, Ontario, Canada June 1, 2021.  REUTERS/Chris Helgren/File Photo
ClimateFinanceNewsPolitics

BMO becomes first Canadian bank to withdraw from Net-Zero Banking Alliance

BMO becomes the first Canadian bank to exit the NZBA, following similar moves by major U.S. lenders under political pressure.

A wood pellet plant operated by U.K.-based energy company Drax Group is seen in Gloster, Miss., in 2024. (The Perfect Shot/Southern Environmental Law Center via AP)
AnalysisClimateFinance

Investigation: How mega-polluters take advantage of billions in green loans

Sustainability-linked loans are under scrutiny for enabling major polluters to avoid accountability while expanding harmful operations.

BusinessEconomyFinanceNewsOilPoliticsTrade

Reactions to new US sanctions against Russian energy interests

New US sanctions on Russian energy target tankers, traders, and oil firms, adding uncertainty to global oil markets.

FILE PHOTO: The headquarters of Argentina's state energy company YPF is seen in Buenos Aires, Argentina February 10, 2021. Picture taken February 10, 2021. REUTERS/Matias Baglietto/File Photo
BusinessFuelNatural GasNewsOil

JPMorgan upgrades YPF, expecting further growth for Argentine energy sector

In 2024, YPF's shares soared more than 150% amid a major rally in Argentine stocks.

FILE PHOTO: A J.P. Morgan logo is seen outside the JPMorgan bank offices in Paris, France, January 27, 2023. REUTERS/Sarah Meyssonnier/File Photo
BusinessClimateEmissionsNewsPolitics

JPMorgan becomes latest U.S. lender to quit Net-Zero Banking Alliance

JPMorgan has decided to leave the Net-Zero Banking Alliance, the latest exit from the sector's biggest climate coalition.

FILE PHOTO: Activists protest against fossil investments before the annual general meeting of the Swiss National Bank (SNB) in Bern, Switzerland, April 26, 2024. REUTERS/Denis Balibouse/File Photo
AnalysisBusinessClimateEconomyEmissionsEnvironmentPoliticsRegulations

Analysis: Exodus by Wall Street banks from climate group worries advocates

U.S. banks exit climate coalition NZBA amid political pressure, raising concerns over their commitment to reducing fossil fuel financing.

BusinessFuelNewsOilTrade

Ample supply, slow demand to temper oil price gains in 2025

31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025.

FILE PHOTO: Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyNewsOilTrade

Ample supply, slow demand to temper oil price gains in 2025

Oil prices are expected to remain around $70 a barrel in 2025 due to weak demand from China and increasing global supplies.

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