Church of England Pensions dump Shell due to oil risk
The Church of England Pensions Board will offload its stake in Shell Plc as part of a total exit from oil and gas,…
Why stocks are no longer a no-brainer
What happened to Tina, aka "there's no alternative"
She has been defending stock market investing for years.…
Think-tank says UK needs pension “superfunds” to drive business…
A leading think tank has said that Britain should overhaul its pension system in order to create "superfunds",…
UK bank shares drop as fears of recession grow
Investors began to speculate that the benefits from higher interest rates have peaked, and concerns about a…
Researchers say AI models do not meet draft EU rules
US research warns that companies developing new artificial intelligence models such as ChatGPT creator OpenAI and…
After Credit Suisse’s rescue, the Swiss central bank calls on a complete…
In its first public statement since Credit Suisse's rescue, the Swiss National Bank called for a review in banking…
Turkey’s Central Bank brings the low-rate era of Turkey to an end with a 6.5…
The Turkish government raised interest rates in the first time since the year 2021, and promised to return a "free…
Ford Battery Plants to receive $9.2bn in US funding for Clean Energy Push
The US Loan Office plans to loan a record amount of $9.2bn to build electric vehicle batteries by Ford and South…
Ocado shares surge over Amazon bid speculation
Stocks of British online grocery retailer Ocado soared by 32 percent on Thursday, following rumours it could be the…
Bank of England increases interest rates by 0.5 percent points
The Bank of England raised interest rates by half a percentage point to 5%, an unexpected move. Prime Minister…
Stockholm Moves Towards an Emission-Free Future with a Giant Drilling machine
A drill that is longer than the tallest skyscraper in Stockholm eats away at granite, gneiss and other rocks. After…
Pfizer and GSK Shots against RSV get backing from older adults
A panel of US public advisors has approved the use of respiratory syncytial viruses shots from Pfizer Inc., and GSK…
A Trade Ally tries to keep both doors open as the West battles China
In just half an hour's drive, the journey south from Tangier's ancient city spans decades' worth of economic…
Climate Change Risks: EU Banks Expand Their Scenarios
According to a survey by Oliver Wyman and the Association for Financial Markets in Europe, European banks are…
Short bets on US stocks hit $1 Trillion – the highest since April 2022
Even as the paper losses on positions exceed $100 billion, short sellers continue to increase their bets against US…
BOE Hike Seen As Certain After Inflation: Decision Guide
The Bank of England may be forced to increase interest rates again by Thursday due to the escalating inflation in…
Crypto proves we shouldn’t revere ‘innovation’ in its own right
The mere fact that something is "new" doesn't make it valuable or unworthy of scrutiny .Big Crypto is in the midst…
Are you looking for a safe investment? My friend, the answer is blowing in the…
The investment industry is obsessed with forecasts. Even though no human being has ever been able to accurately…