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20198 articles published since 08 Mar 2022

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Climate change poses multiple risks for banks
Climate change poses multiple risks for banks
Economy

Climate change poses risks to banks on several levels: it can directly impact their finances, tarnish their image and land them in the courtroom. - Reputation risk - The research done by NGOs like Finance Watch and Reclaim Finance evaluating bank lending in light of climate change is regularly used by media and has begun to tarnish their public image.

Pharrell Williams to bring star power to Web Summit tech event
Pharrell Williams to bring star power to Web Summit tech event
Economy

Singer Pharrell Williams is due to kick off one of Europe's biggest tech events on Monday, the Web Summit in Lisbon, with organisers keen to move on from last year's edition when several big firms pulled out. Google, Meta and a string of other firms pulled out of last year's event after Web Summit chief executive Paddy Cosgrave wrote social media posts accusing Israel of war crimes in Gaza.

China poised to approve more help for ailing economy
China poised to approve more help for ailing economy
Economy

China is expected to unveil a huge support package for the struggling economy Friday as officials wrap up a key meeting with an eye on the possibility of intensified trade tensions with US president-elect Donald Trump. "In our view, the odds for a larger policy support package will rise somewhat with a Trump victory," he added.

Asian markets extend rally after Fed cut
Asian markets extend rally after Fed cut
Economy

Asian equities extended gains Friday, tracking another Wall Street record after the Federal Reserve cut interest rates and on the prospect of market-friendly policies from a Trump administration. On Wall Street, the S&P 500 and Nasdaq rallied again to hit fresh records, helped by strong performances by tech titans Apple, Google parent Alphabet and Facebook's Meta.

Facing Trump's return, EU confronts economic challenges
Facing Trump's return, EU confronts economic challenges
Economy

Confronted with the return of Donald Trump, EU leaders on Friday are set to commit to deeply reform Europe's economy and tackle challenges highlighted by a blockbuster report. But Friday's talks only kickstart the conversation and concrete proposals are expected to come months later, with implementing reforms set to take even longer.

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