Norway wealth fund will pressure, not divest from high gas emitters

A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File PhotoRegister now for FREE unlimited access to Reuters.comFund’s investments due to be net-zero emissions by 2050Fund prefers to be active shareholder rather than divestWill divest from firms with unsustainable business modelsOSLO, Dec…Continue Reading

Russia’s Melon Fashion Group picks banks for IPO

Register now for FREE unlimited access to Reuters.comMOSCOW, Dec 21 (Reuters) – Russia’s Melon Fashion Group has picked Sberbank CIB, VTB Capital, Goldman Sachs and BofA to help organise its initial public offering (IPO), two sources with knowledge of the company’s plans told Reuters on Tuesday.Several Russian companies could hold IPOs in 2022, extending the…Continue Reading

Schroders’ green pivot has golden price

Wind turbines are seen at Mynydd Portref Wind Farm near Hendreforgan in South Wales, Britain, March 26, 2021. REUTERS/Matthew ChildsRegister now for FREE unlimited access to Reuters.comLONDON, Dec 21 (Reuters Breakingviews) – Blue-blooded UK asset manager Schroders (SDR.L) is making a bold bet on renewable energy, buying a 75% stake in wind farm developer Greencoat…Continue Reading

NHL leaguewide shutdown…

The NHL is beginning a leaguewide shutdown Wednesday amid a rise in positive COVID-19 test results among players, and with 10 of the league’s 32 teams’ schedules already paused and their facilities closed.The league announced Monday night that it will open its annual holiday break two days earlier than scheduled and have it run through…Continue Reading

France kills IS militant linked to Niger giraffe park attack

PARIS (AP) — The French army says it has “neutralized” a regional Islamic State group leader wanted in connection with the killing of seven aid workers, mostly French citizens, and a leading guide in a Niger giraffe park in August 2020. France’s Defense Ministry said Tuesday that, in cooperation with Nigerien authorities, operatives from France’s…Continue Reading

Bill to increase marriage age for women introduced in Lok Sabha

Union minister Smriti Irani introduced the Prohibition of Child Marriage (Amendment) Bill 2021 that seeks to increase the legal minimum age for women to marry to 21 years Topics Lok Sabha | Smriti Irani Union Minister Smriti Irani A bill that seeks to have a uniform age of marriage for men and women was introduced in Lok…Continue Reading

TikTok expected to rank as 3rd largest social network: Report

A new forecast has claimed that short video platform TikTok is expected to become the world’s third-largest social network in 2022. The report by Insider Intelligence — the firm previously known as eMarketer — predicts that TikTok will reach 755.0 million monthly users in 2022, after seeing 59.8 per cent growth in 2020, followed by…Continue Reading

Veteran India pacer Jhulan Goswami set to enter world of NFTs

Veteran India pacer Jhulan Goswami is all set to storm the world of non-fungible token with CricFlix, in association with RevSportz and Fanatic Sports Topics Jhulan Goswami Veteran India pacer Jhulan Goswami is all set to storm the world of non-fungible token (NFT) with the Dubai-based CricFlix, in association with RevSportz and Fanatic Sports, launching…Continue Reading