Facts: The latest fronts in climate change legal battles

(Reuters) – Climate change litigation has more than doubled in the past seven years globally, according to a June report by the London School of Economics, and is bypassing traditionally polluting industries such as fossil fuel production. At COP27 climate talks in Egypt, United Nations experts warned last week that many companies’ environmental claims amounted … Read more

Trump’s 2024 presidential bid was a new wrinkle for the markets

NEW YORK (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secrets” and created another variable for markets that some investors say remains a low priority for now. Trump, who has launched relentless attacks on voting integrity in the United States since his defeat in the … Read more

Nasdaq halts IPOs of small Chinese companies while investigating stock rally

NEW YORK, October 22 (Reuters) – Nasdaq, Inc (NDAQ.O) The brakes have been placed on preparations for the initial public offering (IPO) of at least four small Chinese companies while it investigates the short-term stock rallies of these companies after their debut, according to lawyers and bankers working to launch such shares. The exchange operator’s … Read more

Macro bets help hedge funds ride tough Chinese markets

HONG KONG (Reuters) – The hedge funds that have outperformed rugged Chinese stock markets so far this year say betting on big-picture macroeconomic changes has helped them. One such fund is Stanley Tao’s Golden Nest Greater China Fund, worth $230 million. The hedge fund had a net return of about 2.4% for the month of … Read more

Analysis: Underwater: How the Bank of England has delivered a lifeblood to the markets

Bank of England bought bonds after pension fund pleas Some UK pension funds have faced problematic margin calls BoE support is seen as giving an opportunity to build collateral The British government’s unfunded tax plan scared the markets LONDON/NEW YORK (Reuters) – Calls from the Bank of England began on Monday saying some British pension … Read more

EXCLUSIVE: Brands post ads on Twitter next to child pornography accounts

Sept 28 (Reuters) – Some major advertisers including Dyson, Mazda, Forbes and PBS Kids have halted their marketing campaign or removed their ads from parts of Twitter because their promotional ads appeared alongside tweets urging child pornography, the companies told Reuters. Brands ranging from The Walt Disney Company (DIS.N)NBCUniversal (CMCSA.O) The Coca-Cola Company (KO.N) Children’s … Read more