(Reuters) – BlackRock Inc (BLK.N) The results beat Wall Street estimates on Friday, aided by investors who turned to the world’s largest asset manager’s bond funds in the second quarter, as global financial markets rebounded strongly from a brutal liquidation triggered by COVID in March. FILE PHOTO: People are seen …
Read More »Exclusive: EU stimulus funds attract more than 1,000 green projects
LONDON (Reuters) – More than 1,000 climate-friendly projects could line up for a part of the EU’s post-coronavirus recovery package, as ministers begin to discuss the bloc’s budget for 2021-27 and the stimulus fund economic, according to an investigation seen by Reuters. FILE PHOTO: Flags of the European Union wave …
Read More »BoE Governor Warns Lenders About Challenges Of Negative Interest Rates
FILE PHOTO: Bank of England Governor Andrew Bailey poses for a photo on the first day of his new role at the Central Bank of London, Britain, March 16, 2020. Tolga Akmen / Pool via REUTERS (Reuters) – Bank of England (BoE) Governor Andrew Bailey wrote a letter to lenders …
Read More »From New York to Houston, flood risk for real estate centers increases
NEW YORK (Reuters) – The number of properties in the United States at risk of flooding this year is 70% higher than estimates from government data, according to research published Monday, with critical points at risk in Houston, New York, Los Angeles and Chicago FILE PHOTO: A New York police …
Read More »Great tobacco, great oil and Buffett join the Fed portfolio
WASHINGTON (Reuters) – The United States Federal Reserve bought $ 428 million in bonds from individual companies through mid-June, making investments in names known as Walmart and AT&T, as well as in major oil companies, tobacco giant Philip Morris. International Inc and a utility subsidiary of billionaire holding Warren Buffett’s …
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