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Do weapons and ESG mix?
NEW YORK: There’s a group of fund managers overseeing environmental, social and governance (ESG) investments who worry their field is facing another blow to its credibility.
Telenor investors scrutinise Myanmar sale
OSLO: Several investors in Telenor are seeking assurances from the Norwegian telecoms company that customer data will be protected following the sale of its operations in Myanmar.
Canada’s oil patch cuts back climate efforts under pandemic
TORONTO: Canadian oil sands companies have shelved nearly C$2bil (US$1.47bil) in green initiatives in a cost-cutting drive to weather the coronavirus pandemic, a reversal in some of their commitments to reduce emissions and clean up their dirty-oil image.
Nasdaq pulls out of Oslo Bors battle, handing Euronext victory
OSLO: Nasdaq withdrew its offer for Oslo Bors, giving pan-European exchange Euronext free rein to pursue its bid for the Norwegian stock market operator after a five-month battle.
New crowd-puller for Bukit Bintang
THE Bukit Bintang shopping belt in Kuala Lumpur will see yet another new shopping mall by the third quarter of next year.