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Business 04 Mar 2021 | 7:00 AM

Opec sees positive oil market outlook, continued risks

DUBAI: The Organisation of the Petroleum Exporting Countries (Opec) sees a generally positive oil market outlook with last year’s uncertainty easing, but downside risks caused by the pandemic persist, the group’s secretary general and its experts have said.

Business 04 Mar 2021 | 7:00 AM

A US$9bil Mizuho fund sparks review of Japan’s ESG labels

TOKYO: A popular environmental, social, and governance (ESG) fund in Japan managed by Morgan Stanley and sold by Mizuho Financial is triggering an industry-wide review by regulators who are looking into new rules for mutual funds to protect investors from possible “greenwashing.”