51 h. ago Finance for transition mineral mining is driving destruction and abuse, says report

Hundreds of billions of dollars invested in extractive mining for green transition with few safeguards, research findsThe financing of transition mineral mining is driving widespread environmental destruction and human rights abuses, according to a report.Banks and investors have ploughed hundreds of billions of dollars into companies mining for minerals for the manufacture of solar panels, wind turbines, batteries, energy grids and electric vehicles in the past decade, according to the research. Continue reading...

Events

8 d. ago Nvidia set to report second quarter earnings in test of AI boom

All eyes will be on chipmaker’s latest financials as company sets tone for the rest of the artificial intelligence industryNvidia is set to report its second-quarter earnings on Wednesday, in a first test of investor appetite since last week’s mass AI-stock selloff.All eyes will be on the chipmaker’s latest financials as the company sets the tone for the rest of the AI industry after a turbulent week in the sector. Several tech stocks saw shares tumble last week amid growing questions over whether AI-driven companies are being overvalued, including an MIT report that said 95% of AI pilots fail to grow company’s revenues and statements from the OpenAI chief executive, Sam Altman, who said investors were possibly overhyping several companies. Continue reading...

Politics

2 w. ago In Norway we see ourselves as ethically virtuous – so why is our oil wealth enabling genocide? | Sindre Bangstad

With an election looming, will politicians finally listen to the majority of citizens, who want to divest from Israeli arms companies?Oil has made Norway extremely rich. We have the world’s largest sovereign wealth fund, which was established with petroleum revenues in 1990. Headed by the wealthy banker and art investor Nicolai Tangen, the Government Pension Fund Global (GPFG), has a current value of more than 20 239bn Norwegian kroner (£1.4tr). With holdings in about 8,500 companies in 69 different countries, it is the largest single investor in the world.Norway also purports to have a human-rights-based foreign policy, and the sovereign wealth fund is supposed to adhere to a set of ethical guidelines. Companies may be excluded if there is a risk that they contribute to or are responsible for serious human rights violations, or are involved in the sale of weapons to states that violate international law in armed conflicts. A Council on Ethics makes recommendations about exclusions ...

Politics

2 w. ago Katie Price 'won't remain silent' as she makes vow ahead of next step

Former glamour model Katie Price has found herself embroiled in a controversy after her ex-husband Alex Reid leaked a video of her counting wads of cash amid her bankruptcy

Politics

2 w. ago Peter Andre's wife Emily reacts to Katie Price's 'cruel' comment about her

A leaked video shows Katie Price counting cash while bankrupt and making comments about Emily and her kids.

Politics

2 w. ago Peter Andre 'shocked and disgusted' over Katie's claims about kids as he calls legal team

Peter has reacted to a leaked video of Katie Price counting cash while bankrupt.

Events

2 w. ago Katie Price's ex Alex Reid leaks video of her counting cash in fresh bankruptcy twist

Questions have emerged over Katie Price's finances after a video was released showing her counting wads of cash and discussing properties and her bankruptcy with daughter Princess

Economics

2 w. ago Bankrupt Katie Price's ex Alex Reid leaks cash counting video to 'expose truth'

Katie's ex Alex Reid has vowed that “the truth will now be heard”.

Economics

2 w. ago Alex Reid leaks bankrupt Katie Price counting cash video in latest twist in saga

The footage leaked by Katie's ex Alex Reid shows her and daughter Princess counting cash and has been passed to her bankruptcy trustee, the Mirror understands. Reid has vowed that “the truth will now be heard”

Economics

2 w. ago Hamas tells mediators it approves latest Gaza ceasefire proposal – Middle East crisis live

Hamas official tells Reuters news agency it has approved latest Gaza ceasefire proposalNorway’s sovereign wealth fund, the world’s largest, said on Monday it had decided to exclude six companies with connections to the West Bank and Gaza from its portfolio, following a review of its Israeli investments.The $2tn wealth fund did not name the companies it had decided to exclude, but said these would be made public once the divestment was completed, Reuters reports. Continue reading...

Events

2 w. ago Trump team has created a secret list ranking companies on how loyal they are

Trump has incentivized companies to invest more in the US and align with his agenda

Politics

3 w. ago Abortion drug could help reduce risk of breast cancer, group of medics says

Stigma around mifepristone is stopping studies, experts in reproductive health claim in Lancet opinion pieceA drug used in medical abortions could help prevent women at high risk of breast cancer from developing the disease, according to an international group of doctors and scientists.However, “stigma” around mifepristone is stopping pharmaceutical companies from investigating its potential as a new treatment doctors could offer to reduce the risk of breast cancer, they say. Continue reading...

Events

3 w. ago Chinese firm a leading contender to buy Thames Water, reports say

Hong Kong’s CKI among those lining up to acquire struggling company if it collapsesA Chinese firm is reportedly a leading contender to buy Thames Water if the heavily indebted company collapses in coming weeks.Hong Kong’s CKI, which invests in power and other utility companies in the UK, is among those lining up to acquire the water and sewerage supplier if it enters a special administration regime (SAR), according to the Times. Continue reading...

Economics

4 w. ago Big companies tell investment banks to stop leaking their UK takeover deals

Clients asking banks to review number of staff that have to be informed about live transactions

Economics