The World News Monitor – Business Information for Sustainable Development
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Money

Climate scientists criticise corporate oversight body

Financial Times | Nov 2, 2022 at 6:01 AM

…Alex Helan, senior adviser for forest finance at the Rainforest Action Network campaign group, said that it was “critical that companies publicly disclose the data used to calculate their results”….

Can I claim compensation from an insolvent company?

Financial Times | Nov 2, 2022 at 6:01 AM

…circumstances, consider whether there were professionals involved in the transaction that are also culpable and might have breached their duties or also acted unlawfully, for example, solicitors, accountants or a bank …

Panning for equities gold amid UK market gloom

Financial Times | Nov 2, 2022 at 6:01 AM

…Bellway has a three-year land bank — an asset in short supply. It is yielding 8 per cent currently….

Qatar Investment Authority plans to raise Credit Suisse stake

Financial Times | Nov 2, 2022 at 6:01 AM

…Last week, the Swiss bank announced it would strip back and spin off its investment bank , reduce its global workforce by 9,000 and cut SFr2.5bn of costs in a three-year strategic revamp aimed at moving on…

Fed set to raise rates by 0.75 percentage points for fourth time in a row

Financial Times | Nov 2, 2022 at 6:01 AM

…Some Fed watchers warn that recent flashpoints in the UK government bond market, which required the Bank of England to step in, offer a cautionary tale….

Engine trouble: shortage of precision parts hampers aviation recovery

Financial Times | Nov 2, 2022 at 6:01 AM

…Ron Epstein, analyst at Bank of America, said: “Aerospace has had, on average, an older workforce. If you accelerated your retirement because of Covid, a lot of those folks are just gone….

Fed should make clear that rising profit margins are spurring inflation

Financial Times | Nov 2, 2022 at 6:01 AM

…With normal inflation, central banks would need to create spare capacity in labour markets to push wages lower….

The megadeals that hint at a US M&A comeback

Financial Times | Nov 2, 2022 at 6:01 AM

…A look at the Blackstone/Emerson deal shows how buyout groups can arrange large and complex transactions without broadly syndicated loan markets as banks all but stop funding leveraged loans….

Extreme market events put regulators to the test

Financial Times | Nov 2, 2022 at 6:01 AM

…An official at a eurozone central bank agrees that there’s “a lot to be said about the limits of modelling”. The alternatives are still a work in progress….

Fast inflation and interest rates deter share buying

Financial Times | Nov 2, 2022 at 6:01 AM

…It is always painful coming out of fast inflation, and there remains the danger of central banks overcorrecting for past errors….

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