Petrobras Slashes Contentious Dividends and Buys Back Shares
Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more
2023-08-04 18:54
Ratings Firms Struggle With Climate Risk in $133 Trillion Market
With 46 straight days of 100-degree heat and coastal waters approaching hot-tub temperatures, Miami can seem like a
2023-08-01 22:47
NYC Comptroller Blasts BlackRock for Picking Aramco CEO for Board
New York City Comptroller Brad Lander slammed a decision by BlackRock Inc., its largest external money manager, to
2023-07-20 14:18
BlackRock made a climate pledge. Then it appointed a Saudi oil executive to its board
BlackRock, the world's biggest asset manager, said Monday it has appointed Amin Nasser, chief executive of oil giant Saudi Aramco, to its board of directors — despite the New York-based firm's pledge to accelerate investment in climate-friendly companies.
2023-07-19 01:19
BlackRock Names CEO of World’s Biggest Oil Producer to Its Board
BlackRock Inc. has named Saudi Aramco Chief Executive Officer Amin Nasser to its board, underscoring the asset manager’s
2023-07-18 16:15
BlackRock names Aramco boss to board
By Natalie Grover LONDON The world's top asset manager BlackRock has named Amin Nasser, the chief of the
2023-07-18 08:56
An ESG Loophole Helps Drive Billions into Gulf Fossil Fuel Giants
Saudi Aramco, the world’s largest oil company, has become an unlikely beneficiary of funds earmarked for sustainable investments
2023-07-11 19:50
PIMCO CIO says preparing for 'harder landing' for global economy - FT
Pacific Investment Management Co (PIMCO) is preparing for a "harder landing" while top central bank chiefs prepare to
2023-07-02 12:53
Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia
Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new
2023-06-24 18:28
PIMCO's bond CIO says underweight dollar, sees value in UK gilts
By Harry Robertson LONDON PIMCO is underweight the U.S. dollar and overweight UK government bonds in some funds,
2023-06-13 03:21
EU Puts ESG Rating Providers on Notice as Major Overhaul Planned
After years of unfettered growth, the providers of ESG ratings will soon have to adjust their businesses to
2023-06-09 17:53
Real Madrid’s Karim Benzema to Receive Reported $300 Million for Saudi Move
Saudi Arabia’s $700 billion wealth fund and state oil firm Aramco are set to take control of several
2023-06-06 14:18