AFP
20198 articles published since 08 Mar 2022
20198 articles published since 08 Mar 2022
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.
Sony's net profit jumped in the second quarter thanks to stronger sales in gaming, music and imaging sensors, the PlayStation maker said Friday but left its annual profit forecasts unchanged.
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.
Standing in a makeshift salon on the side of a dusty backstreet in Democratic Republic of Congo capital Kinshasa Papy Kalume pulled a fresh razor out of his bag. Kalume did work "officially" for a few years in a regular salon.
A Qantas plane made an emergency landing Friday due to a "contained engine failure" soon after taking off from Sydney Airport, sparking a grassfire on a nearby runway and causing several flights to be diverted. Eleven domestic flights were cancelled and four diverted to other airports, a Sydney Airport spokesperson said. lec/sco
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 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.
Venerated as incarnations of Hindu deities, India's sacred cows are also being touted as agents of energy transition by a government determined to promote biogas production to cut its dependence on coal.
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.
AFP
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