Net zero investor group members set more short-term emissions targets
The Net Zero Asset Owner Alliance (NZAOA) said on Tuesday that nearly two thirds of its members had set short-term goals to cut portfolio emissions…
Category: Business
Kaisa offshore creditors offer $2 bln to take over stalled projects
An offshore bondholders’ group of cash-strapped Kaisa(1638.HK) is offering up to $2 billion to acquire stalled housing projects of the Shenzhen-based developer to facilitate their…
Wall Street ends choppy session higher with focus firmly on Fed
Wall Street’s main indexes ended a seesaw session higher on Monday, as investors turned their attention to this week’s policy meeting at the Federal Reserve…
Faraday Future shareholder sues EV startup for removal of two directors
Faraday Future Intelligent Electric (FFIE.O) shareholder FF Top Holding has sued the electric vehicle startup seeking the removal of two board members, according to a…
Credit Suisse settles U.S. shareholder lawsuit over risk exposure, Archegos
Credit Suisse Group AG (CSGN.S) reached a $32.5 million settlement to resolve a lawsuit accusing the Swiss bank of misleading shareholders about how well it…
Goldman Sachs defeats employee class action over retirement plan
Goldman Sachs Group Inc won the dismissal of a proposed class action by tens of thousands of employees over its alleged imprudent use of high-cost,…
U.S. states ask appeals court to reinstate Facebook lawsuit
A big group of U.S. states, led by New York, argued to an appeals court Monday that it should reinstate an antitrust lawsuit against Meta’s…