Reuters Logo

View in browser

Reuters Business

  Tweet       Share

Carbon credit market confidence ebbs as big names retreat

Voluntary carbon markets have shrunk for the first time in at least seven years, as companies reduced buying and studies found several forest protection projects did not deliver promised emissions savings.

Some onshore creditors of Country Garden private bond receive interest payments - sources

Some onshore creditors of embattled Chinese property developer Country Garden's private bond have received interest payments, sources told Reuters on Friday.

US equity funds see outflows for fifth successive week

Investors withdrew from U.S. equity funds for a fifth consecutive week in the seven days to Aug. 30, driven by investor risk aversion amid upcoming reports on inflation and non-farm payrolls.

Walgreens CEO Rosalind Brewer steps down

Walgreens Boots Alliance said on Friday CEO Rosalind Brewer has stepped down nearly two-and-a-half years since she took the top job at the pharmacy chain operator.

Fed warned Goldman's fintech unit on risk, compliance oversight -FT (Aug. 31)

A division of Goldman Sachs' transaction banking business (TxB) has stopped signing on riskier financial technology clients after a warning from the U.S. Federal Reserve over risk and compliance earlier this year, the Financial Times reported on Thursday.

US regulator ready for next-generation nuclear: NRC

US regulators are ready to review and license the next generation of nuclear reactors while staying committed to safety, the Nuclear Regulatory Commission (NRC) says.

RBA to hold rates at 4.10% on Tuesday, but will hike again next quarter

The Reserve Bank of Australia will keep its key interest rate unchanged at 4.10% on Tuesday as inflation shows signs of easing, according to a Reuters poll of economists who do however largely expect a final hike next quarter.

Pickering Energy Partners launches oil and gas investment banking unit

Pickering Energy Partners (PEP) is launching a financial advisory unit for oil and gas dealmaking, the investment firm said on Friday, doubling down on traditional fossil fuels as some banks are becoming wary about the industry and ramping up their bets on clean energy.

Drugmaker Novo Nordisk briefly overtakes LVMH as Europe's most valuable company

Danish drugmaker Novo Nordisk briefly unseated LVMH as Europe's most valuable listed company in intraday trading on Friday, ending the French luxury group's 2-1/2 year-long reign at the top.

In wake of Credit Suisse, Switzerland told to better prepare for bank failure

Switzerland was urged to prepare properly for the failure of a big bank on Friday by a group of experts in the wake of the collapse of Credit Suisse, but their report to government skirted radical reform some say is needed.

Sponsors are not involved in the creation of newsletters or other Reuters news content.

Get Reuters News App

To manage which newsletters you’re subscribed to, click here.
Want to stop receiving this email? Unsubscribe here.

facebook        twitter        instagram        youtube

© 2023 Thomson Reuters. All rights reserved.

3 Times Square, New York, NY 10036

Privacy Policy    |   Terms and Conditions