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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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Bank will cut oil production exposure 20% by 2025 -
The activist hedge fund may be right to take on governance issues, but should stick to the point
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Attempt to block Taxonomy looks set to fail but credibility still at stake
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In October La Banque Postale became the first bank to announce it was exiting fossil fuels altogether, and the first to have a validated Science-Based Target for decarbonising its portfolio. Philippe Heim, the bank’s CEO, talked to GlobalCapital about what this path will involve, and LBP’s wider drive to create ‘impact banking’.
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Delay gives hope to progressives, but all is still to play for
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The sector is under pressure from low interest rates, rising credit risks and emerging cyber threats
