ESG

Federal Reserve discusses potential interest rate cuts

2 months ago

Federal Reserve Chair Charles Goolsbee has made a statement advocating for a review of the current monetary policy with the goal of possibly lowering interest rates in the future. In his remarks, he emphasized that high rates could negatively impact the economy, leading to slowed growth. Goolsbee stressed that further rate hikes could complicate matters for businesses and consumers, urging a cautious approach.

Wall Street Turns Its Back on Sustainability Commitments

4 months ago

Recent events in the financial markets suggest that Wall Street firms are increasingly distancing themselves from their commitments to sustainability. After years of pronouncements about the need to transition towards more environmentally friendly and socially responsible practices, many major financial institutions have begun to weaken their eco-initiatives amid changing economic conditions and shareholder pressure.

Goldman Sachs Unveils New Stock Model Challenging ESG Assumptions

4 months ago

Goldman Sachs has introduced a new investment model that questions existing assumptions surrounding environmental, social, and governance (ESG) criteria that many investors use to gauge corporate responsibility. This ambitious approach comes at a time when scrutiny of ESG investing is intensifying amid rising skepticism within the investment community about the tangible benefits of these guidelines.

Backlash Against New ESG Rules: Major Companies in the EU Push Back

4 months ago

Recent initiatives from the European Union concerning environmental, social, and governance (ESG) standards have attracted significant attention and sharp criticism from industry giants like Unilever and TotalEnergies. These companies have expressed their unease over how the new regulations could lead to serious changes in their operational activities, potentially burdening their existing business models.

iPhone Sales Expected to Grow by 10% Next Fiscal Year

4 months ago

A recent analysis from Bloomberg points to an expected 10% growth in iPhone sales in the upcoming fiscal year. An analyst specializing in technology markets noted that new models set to be introduced should help facilitate this increase. The details of the study highlight trends that could significantly impact the financial performance of Apple.

Asset Managers Struggle with Luxembourg Tax Perks and ESG Regulation

4 months ago

A recent study has revealed that asset managers in Europe are facing challenges in utilizing tax perks offered by Luxembourg, particularly in light of new regulations concerning environmental, social, and governance (ESG) criteria for investment activities. These changes in the regulatory framework are causing concern among investors who seek to comply with new requirements while also maximizing the tax advantages available.

Kyle Bass: The Oil Exclusion from ESG - A Lost Cause

5 months ago

Renowned financier and investment analyst Kyle Bass commented on the unsuccessful attempts to exclude the oil sector from ESG (Environmental, Social, and Governance) principles. In his recent statement, he deemed this endeavor a failure and warned of its consequences for investors and the economy at large.