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First-of-its-kind opinion lays out World Bank, ADB and shareholders’ obligations under international law
Rocketing AI infrastructure spend set to drive more US tech giants to Europe for funding
Suspension of Council of Ethics lays bare difficult choices
Issuer sees use-of-proceeds label as 'perfect tool' to beef up its support to defence sector
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Diversified Gas and Oil, the London-listed US oil and gas firm, has raised £69.4m of equity to help fund a package of potential acquisitions, taking advantage of continued low global oil and gas prices. -
Equinor, the petroleum refining company, sold the last of its shares in oil and gas exploration firm Lundin Energy in a Skr3.3bn ($335m) block trade on Tuesday evening.
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Cambodian micro finance company Amret has closed its debut loan after attracting six participants during syndication.
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Morgan Stanley Investment Management has hired a prominent expert to be its global head of sustainability and brought a senior banker from its capital markets arm to run its sustainable bond investing.
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A group of veteran fund managers have launched a new boutique asset manager dedicated to responsible investing in emerging market equities.
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Plenum Investments, a catastrophe bond fund, is broadening its portfolio to include tier one and tier two debt issued by insurance companies. It is seeking to offer investors a higher risk-return option, and the announcement of the new fund comes at a time when spreads on subordinated insurance debt have widened.
