Banks must step up climate risk disclosures, Lagarde says
Banks must improve transparency on their exposure to climate- change risk and central banks need to pay closer attention as the entire financial sector is...
Head of Italy’s Lombardy region in isolation after aide gets coronavirus
The governor of the region of Lombardy, at the epicenter of Italy’s coronavirus outbreak, has placed himself in quarantine after one of his staff came...
U.N.’s Bachelet urges Saudi to release women activists, uphold rights
U.N. human rights chief Michelle Bachelet urged Saudi Arabia on Thursday to uphold freedoms of expression and peaceful assembly and review convictions of activists, religious...
AB InBev sees 10% hit to first-quarter profit from coronavirus
The world’s largest brewer Anheuser-Busch InBev forecast a 10% decline in first-quarter profit on Thursday after the coronavirus outbreak hit beer sales during the Chinese...
Banks have some way to go in disclosing climate risk: Lagarde
Climate change poses a risk to the financial sector and central banks need to pay closer attention as banks have some way to go in...
Blackstone’s Schwarzman says cannot buy Bloomberg while owning Refinitiv
Blackstone Group Inc Chief Executive Stephen Schwarzman said the world’s biggest private equity firm cannot buy Bloomberg should it come up for sale as long...
NBA roundup: Embiid injures shoulder in Sixers’ loss
Collin Sexton scored 28 points on Wednesday as the host Cleveland Cavaliers posted a 108-94 victory over the Philadelphia 76ers, who lost three-time All-Star center...
Virus-hit stocks shed $3 trillion; safe havens thrive
Stocks resumed their plunge, wiping out more than $3 trillion in value this week alone, and U.S. Treasuries yields hit record lows on Thursday as...
Aston Martin shares slide as losses deepen and finance chief leaves
Aston Martin shares slumped to a record low on Thursday after the British luxury carmaker said its losses ballooned last year and its chief financial...
BoE’s Carney urges City of London to step up ahead of climate summit
Bank of England Governor Mark Carney called on London’s money managers to help speed a transition to a low-carbon future on Thursday, aiming to usher...
