Australia's biggest bank just became the first financial institution to be sued over how it deals with the risk of climate change to its business.
Two shareholders of the Commonwealth Bank of Australia (CBAUF) filed a lawsuit in the country's federal court on Tuesday, alleging that the bank did not "adequately disclose" the risks climate change could pose to its financial stability.Australia bank business climate commonwealth country disclose financial lawsuit risks
The domestic market ended in the red for a second consecutive session on Tuesday after investors booked profits amid markets regulator Sebi's move to ban 331 shell companies from trading on the bourses.BSE Sensex cracked 259 points or 0.80 per cent to end at 32,014.19 while Nifty50 ended the session below the 10,000-mark at 9,978.55, down 0.78 per cent or 78 points.The 30-share pack had opened at 32,014.19 and touched an intraday high and low of 32,354.77 and 31,915.20 respectively. Reacting to the development, shares of Bharti Infratel lost 3.98 per cent to end the session at Rs 382.05.In the domestic commodity space, gold prices eased by Rs 70 to Rs 29,350 per ten owing to slackened demand from local jewellers and a weak trend overseas.bank BSE cent crore ended index red Rs session share
The bears have been winning the battle but that does not mean that investors should jump ship, especially right now.
The bears are having their way with General Electric (GE), and it shows by the fact that GE shares have significantly underperformed the broader market over the last year.bears concern concerns check GE GE shares Industrial management opinion reported Revenue
Fast-food giant McDonald's plans to accelerate its expansion in China increasing the number of restaurants in the country by 2,000 by the end of 2022, to a total of 4,500 nationwide.
The new plans come after McDonald's sold off most of the China business to state-owned investment house Citic and global asset manager Carlyle, saying they would bring a better understanding of the local market.business cent China CITIC Easterbrook expansion growth McDonald plan restaurants
Since I am hanging out there with a view on USD that goes against all current trends (up in the anti-USD trade and down in Uncle Buck), may as well micro-manage it until resolved.
A longer monthly view shows that it has tested the ’04 and ’05 highs and remains on a big picture breakout from a long-term base.buck bull current NFTRH party remains term trade Uncle USD
Two hikers got the surprise of a lifetime when they came upon a mountain lion while recently backpacking the High Sierra Trail in Sequoia National Park. Sam Vonderheide and Brian McKinney, of Templeton and Atascadero, spotted the animal around 6 p.m. ... Great For August WLWT Cincinnati Two Sierra hikers and a mountain lion had a tense staredown.backpacking hikers lifetime Lion mountain Recently Sequoia Sierra surprise trail
Market regulator Securities and Exchange Board of India ( Sebi ) on Monday asked the stocks bourses to initiate action against 331 suspected shell companies that are listed. Mutual fund houses as well as foreign portfolio investors hold over 11 per cent and 27.13 per cent stake in J Kumar Infraprojects.In a press release, J Kumar Infraprojects said, “J Kumar is not a shell company and the suspicion of the regulator is uncalled for.cent companies fund India investors Kumar Prakash Sebi Shell stake
NEW DELHI: Slow implementation of the Real Estate Regulation Act ( RERA ) seems to have taken a toll on realty stocks as Tuesday's trade saw them plunging up to 20 per cent after reports emerged that the banks, in consultation with the RBI, have decided not to extend loans to projects not registered under the act.Reacting to the news, Nifty Realty index cracked over 4 per cent on Tuesday to touch the intraday low of 271, with shares of Housing Development and Infrastructure (down 20.65 per cent), Unitech (down 10.23 per cent), DLF (down 6.51 per cent), Indiabulls Real Estate (down 3.96 per cent) and Delta Corp (down 3.84 per cent) as the biggest losers.The index closed Tuesday's session at 272, down 4.40 per cent. In the medium term, non-serious players may find difficult to adhere to RERA requirements and could exit business," Edelweiss Securities said in a report.On Tuesday, NSE benchmark Nifty50 index ended 0.78 per cent lower at 9,978, while the 30-share Sensex settled 0.80 per cent down at 32,014.act cent closed estate index realty report RERA share Tuesday
Chevron Corporation (NYSE:CVX) has been active in the Permian Basin for a long time, but it wasn't until a few years ago that it made a serious effort to move into the unconventional arena. Let's look at how Chevron Corporation is progressing with its Permian development.acre acreage Basin Chevron County Delaware Midland operated Permian position
T-Mobile US Inc. (NASDAQ: TMUS) recently targeted the senior part of the population with new deals for people 55 and older.
The Un-carrier just did it again — eliminating a huge pain point for a generation of rule breakers that gave us the Mobile Era.age American carrier Inc mobile NASDAQ NYSE plan TMUS unlimited
JetBlue travelers will soon be able to file complaints or get answers from the airline through any communication channel they so choose including Facebook Messenger, Twitter and texts.
Additionally, JetBlue Technology Ventures is investing alongside GGV and other venture firms in a $36 million series B round of funding for Gladly.airline brand communication complaints funding Gladly JetBlue satisfaction Twitter venture