Europe’s Biggest Pension Fund Sells €10 Billion in Fossil Fuels
Breadcrumb Trail LinksPMN BusinessEurope’s biggest pension fund, Stichting Pensioenfonds ABP, has exited all liquid assets in oil, gas and coal worth about €10 billion ($10.8…
Spain pledges 1 billion euros of military aid to Ukraine in 2024 | News
President Volodymyr Zelenskyy says Ukraine needs at least seven more Patriot launchers to defend itself against Russian air attacks. Spain has pledged 1 billion euros…
Biden administration announces $7.7 billion in relief for 160,000 student borrowers
1 of 2 | The Biden administration on Wednesday announced $7.7 billion in debt relief impacting more than 160,000 in three categories. File Photo by…
Auto theft crisis deepens as insurance claims top $1.5 billion
Article contentCanada’s auto theft crisis is deepening, as insurance claim costs top $1.5 billion for the first time.New data from the Insurance Bureau of Canada…
The mystery of the man embroiled in a billion dollar gold scam
Six weeks after de Guzman's death, the Busang gold dream was over for everyone, leaving investors in despair.Bre-X Minerals' C$6bn valuation had been reduced to…
Biden administration brings HCBU investment to $16 billion
Morehouse College graduating seniors wave to family members before President Barack Obama delivers their commencement address on May 19, 2013, in Atlanta. Total investments in…
Top Climate Investor in India Seeks to Raise a $1 Billion Fund
Breadcrumb Trail LinksPMN BusinessEversource Capital, which closed India’s largest climate impact fund in 2022, is seeking to raise at least $1 billion as it scouts…
California water tunnel cost estimated at $20 billion
Gov. Gavin Newsom’s administration announced that the estimated cost of building a tunnel to transport water beneath the Sacramento-San Joaquin River Delta has risen to…
California makes $3.3 billion available for mental health beds
Gov. Gavin Newsom is set to announce Tuesday that the state will make $3.3 billion in funding available by July to begin building inpatient and…
A $600 Billion Wall of Debt Looms Over Market’s Riskiest Stocks
Breadcrumb Trail LinksPMN BusinessUS small-cap stocks are as cheap as they’ve been in decades, but with a more than half-trillion dollar mountain of debt looming…
If Carlsberg did… 28 billion pints in 50 years
The brewery will be celebrating by turning the building green and burying a time capsule. Source link
Newsom touts California’s $11 billion in climate spending
Over the past decade, a signature California program that charges polluters for their planet-heating emissions has generated billions of dollars for state initiatives, and Gov.…
HSBC Asked by $890 Billion Investor Group to Set New Energy Goal
Breadcrumb Trail LinksPMN BusinessA group of HSBC Holdings Plc investors wants the bank to set a funding target for renewable energy amid concerns its current…
CN Announces C$1.25 Billion Debt Offering
This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its…
African Leaders Call For Ambitious $120 Billion IDA Replenishment At Nairobi Summit
Nineteen African heads of state have rallied for a robust replenishment of $120 billion for the International Development Association (IDA) at the IDA 21 summit…
Vietnam tycoon sentenced to death in $12.5 billion fraud case
A court in Vietnam handed the death sentence on Thursday to real estate tycoon Truong My Lan for her role in a 304-trillion-dong ($12.5-billion) financial fraud,…
House passes $95 billion foreign aid package for Ukraine, Israel, Taiwan
1 of 2 | Speaker of the House Mike Johnson, R-La., speaks to reporters Saturday after the House passed a long-sought $95 billion foreign aid…
Bitcoin ‘Halving’ Will Deal a $10 Billion Blow to Crypto Miners
Breadcrumb Trail LinksPMN BusinessFor enthusiasts of Bitcoin, a once-every-four-years software update called the “halving” has long been held as one of the keys to propping…
Raises for city workers will cost L.A. an extra $1 billion in 2028
Earlier this year, Los Angeles Mayor Karen Bass negotiated a package of raises and increased benefits for tens of thousands of city workers — money…
Newsom, lawmakers detail first California budget cuts of $17 billion
California Gov. Gavin Newsom and leaders of the state Senate and Assembly announced an agreement Thursday to cut $17 billion from the state budget in…