The amount of ESG professionals boomed thereafter and job titles like Head of ESG were created by businesses who wanted a sharp focus on sustainable performance.Those businesses that took ESG seriously were seen as future-proofed, forward thinking enterprises, ready to transition away from the mistakes of the past. As such, they became much more attractive to investors. With this preference made clear, all businesses began scrabbling to reach the same benchmark, lest they be left behind.So why now, in 2024, does it seem as though investors are losing interest in the ESG credentials of businesses?The newest data on investor belief…
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Image source: Getty Images Dividend-paying FTSE shares can be great vehicles for generating a second income. My attention is on three to consider as soon as more spare funds become available to me. Consistent and growing cash flow One of the key requirements for me is that the businesses behind the stocks are well-established with steady operations. For example, I’m keen on Supermarket Income REIT (LSE: SUPR). The company does what it says on the tin. It invests in supermarket real estate in the UK, which companies like J Sainsbury, Tesco and others then lease. On top of that, it’s…
Chelsea Jia Feng/BIWall Street’s bullishness for Nvidia stock endures even as shares trade at record highs.Analysts are upbeat about the next-gen Blackwell chip and Nvidia’s web of enterprise partnerships.Bank of America and Goldman Sachs are among the banks that have raised price targets in recent weeks.Nvidia stock is trading at record highs, but that’s not deterring top Wall Street analysts from being bullish.Bank analysts have been hiking their price targets for the chip titan in recent weeks, predicting more upside even as the stock has seen a meteoric rise over the past year.Shares traded above $142 each on Monday, hitting…
Investing.com — InterContinental Hotels Group (LON:) reported a 1.5% rise in revenue per available room (RevPAR) for the third quarter, driven largely by strong demand across the EMEA region. However, the results were tempered by sluggish conditions in the U.S. market and continued challenges in China, the company said in a statement. The EMEA region emerged as a bright spot, posting a 4.9% increase in RevPAR during the quarter. This growth reflects rising business travel and group bookings, which remain resilient across the region. Key contributors included Continental Europe and the East Asia & Pacific sub-regions, where RevPAR growth reached…
Dozens of schemes for this nascent market have sprung up since 2022, after the Kunming-Montreal Global Biodiversity Framework (GBF) was passed at the last United Nations (UN) biodiversity summit. Apart from the landmark goal to preserve 30 per cent of the Earth’s lands and oceans by 2030, the GBF text also called for “at least US$200 billion per year” to be mobilised from both public and private sources, including from novel mechanisms like biodiversity credits.Despite not being officially on the agenda for COP16 which kicked off on Monday, the emerging instrument is set to be a key discussion topic on the…
By Stefanno SulaimanJAKARTA (Reuters) – Indonesian President Prabowo Subianto wants to establish a new investment agency that would become a holding company for state investments, similar to Singapore’s Temasek, the official named to head the proposed firm said on Tuesday.Prabowo, 73, took office on Sunday and has since sworn in more than 100 people as ministers and deputies, heads of new institutions and advisers.The Daya Anagata Nusantara Investment Management Agency would be formed as soon as Prabowo gets parliamentary approval, Muliaman Hadad, a former chief of the Financial Services Authority who has been named head of the body, told reporters.The…
NBAA BACE 2024 beginning of a new era in Business travel Source link
Malaysia will implement a carbon tax by 2026 on the iron, steel, and energy industries, announced Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim during the Budget 2025 speech on October 18. This initiative underscores the country’s commitment to its emission reduction goals. Platts, a subsidiary of S&P Global Commodity Insights, had previously reported that the timeline for introducing the carbon tax was expedited under pressure from emission-intensive and trade-exposed sectors, which fear significant compliance costs under the EU’s Carbon Border Adjustment Mechanism (CBAM) starting in 2026. EU Carbon Border Adjustment Mechanism CBAM will impose carbon taxes on commodities…
Image source: Getty Images If I can buy a FTSE stock that can pay me generous income via dividends and has a share price that’s rallying higher, I get the best of both worlds. Combining income and growth is rare. Usually, high growth shares don’t pay out dividends. Alternatively, mature income stocks often don’t have great growth potential. But here’s one idea that seems to have broken the norm. The income story I’m referring to the Henderson Far East Income (LSE:HFEL) stock. The name gives away two important pieces of information. The first is that the investment manager is Janus…
Introduction The Shanghai Stock Exchange Composite Index (SSE) was booming in early 2015, and as it soared, legions of new investors rushed in to try their luck at securities speculation. Although stock bubbles were nothing new, this one had two peculiarities. First, under the regulatory framework, SSE stocks could not rise or fall more than 10% on any given day, which after several months of a bull market, made for some unusual-looking stock price charts. Second, many retail investors focused on buying “cheap” stocks, or those that traded below 20 renminbi (RMB). Like all bubbles, this one eventually deflated. The…