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Monthly Archives: August, 2023

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Environment

Eastern Germany’s brown coal belt tries to go green

I-Invest Editor -
A battery plant to store energy from wind and solar plants is set to gradually replace the sprawling coal pits of the Lusatia region,...
Environment

Fashion retailers resilient despite consumer fear

I-Invest Editor -
A strong start to June for Sweden’s H&M and the return to profitability at online fashion retailer ASOS helped to allay concerns around a...
Banking & Investment

Hong Kong reiterates banks should support licensed crypto exchanges

I-Invest Editor -
Hong Kong’s banking regulator has said it had, in April, asked lenders operating in the region to try and meet the business needs of...
Business

British manufacturers lift 2023 outlook

I-Invest Editor -
Britain's main manufacturing trade body Make UK revised up its outlook for this year thanks to strong demand for aircraft and electronics, but said...
Banking & Investment

EU executive proposes new withholding tax rules to attract investors

I-Invest Editor -
The European Commission has proposed changes to the way investors pay withholding tax in the EU, to attract more cross-border trade in securities and...
Business

Citigroup mulls plan to remove leadership layer at its largest unit

I-Invest Editor -
SOURCE: REUTERS   By Tatiana Bautzer and Saeed Azhar NEW YORK, Aug 21 (Reuters) - Citigroup C.N is considering plans to eliminate the role atop the bank's biggest division when its...
ESG

Germany’s climate efforts not enough to hit 2030 targets, experts say

I-Invest Editor -
SOURCE: REUTERS BERLIN, Aug 22 (Reuters) - Germany's greenhouse emissions gap will probably be bigger than the government's estimates in 2030 even if planned emission reduction measures...
News

SoftBank-backed chip designer Arm reveals filing for blockbuster U.S. IPO

I-Invest Editor -
SOURCE: REUTERS   By Manya Saini, Jaiveer Shekhawat and Stephen Nellis   Aug 21 (Reuters) - SoftBank Group Corp's 9984.T Arm Holdings Ltd reported a 1% fall in annual revenue due to...
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