The UK’s Financial Conduct Authority is probing the market for sustainable loans, following concerns that the environmental targets in such deals are too easy for companies to meet. The watchdog has started interviewing bankers and borrowers about loans that potentially reward borrowers with lower rates but fail to have a significant environmental impact. It is
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Crypto embraced, then forgotten by Chinese state television On May 23, China Central Television (CCTV), the country’s government-owned broadcasting corporation, aired a short, 98-second segment regarding the adoption of cryptocurrencies in Hong Kong. During the session, state news anchors briefed its audience on how Hong Kong regulators “have made final preparations” for the trading of
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Scotland’s most senior police officer has admitted that the force is “institutionally racist and discriminatory” and that acknowledging it was a crucial step in winning public confidence and building an inclusive service. Sir Iain Livingstone’s comments at a meeting of the Scottish Police Authority board, which oversees policing in the country, prompted calls from opposition
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Management candidates at listed Italian state-controlled companies may be selected by executive search companies, but the final choices are ultimately made by ruling politicians and typically their allies are selected. Experts and investors regard this decades-long system as a blight on good corporate governance, but until recently it had rarely come into question.  Every three
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Municipals were steady to weaker in spots Wednesday, while U.S. Treasury yields rose several basis points in conjunction with the release of the Federal Open Market Committee minutes that showed members split on whether interest rates will be raised further. Stocks sold off. After cuts up to 10 basis points Tuesday, triple-A yields were cut
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