Page 168 - Min News Today

Credit Suisse (CSGN.S) investors managing $2.5 trillion have called for the bank to take a tougher stance on coal financing, amid concern its current policies are too lax, a letter seen by Reuters showed.

Sustainable BusinessEXCLUSIVE German government proposes green funding tool to help industry cut CO2 Reuters 3 minute read A woman cycles past a power station that is attached to the ArcelorMittal steel factory in Eisenhuettenstadt, 124 km (77 miles) east of Berlin November 26, 2012.REUTERS/Thomas Peter/File Photo Germanys government on Friday presented plans for so-called contracts for difference (CfDs), instruments that help companies in the steel, cement, lime and ammonia industries finance ...

Barclays (BARC.L) and BNP Paribas (BNPP.PA) reported bumper first-quarter profits on Friday, as an equities trading boom offset a slump in demand for fixed income products.

Sustainable BusinessFactbox: Varied ESG targets of big mining companies Reuters 2 minute read The logo of commodities trader Glencore is pictured in front of the companys headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann/File Photo With mining responsible for an estimated 4-7% of greenhouse gas (GHG) emissions globally, the sector is under pressure from environmental activists and shareholders and faces the possible withdrawal of financing and insurance for mines viewed a...

Middle East & AfricaBotswana’s Debswana terminates mining contract with Australia’s Thiess Reuters 2 minutes read A worker arrives at the Jwaneng diamond mine,operated by Debswana, a joint venture between Anglo American unit De Beers and the Botswana government outside Gaborone,Botswana, in this picture taken November 25, 2015. REUTERS/Siphiwe Sibeko Debswana Mining Company, owned by De Beers and the Botswana government, said on Tuesday it has terminated a $1.3 billion contract with a...

One of the quirks of Asia's seaborne coal market is that volumes have held up remarkably well, despite the fuel being demonized for its role in climate change and the rising number of countries and companies spurning it.

BusinessCaterpillar flags supply-chain risks as global recovery boosts earnings ReutersSanjana ShivdasRajesh Singh 3 minutes read Caterpillar Inc. equipment is on display for sale at a retail site in San Diego, California, U.S., March 3, 2017. REUTERS/Mike Blake Caterpillar Inc (CAT.N)on Thursday reported higher quarterly earnings but warned supply-chain bottlenecks, particularly a global shortage of semiconductor chips, could affect its ability to keep up with increasing customer orders. In...

ChinaChinas 2021 gold demand seen reverting to pre-pandemic levels - WGC official Reuters 2 minute read A salesperson arranges 24K gold bars engraved with dogs at Chow Tai Fook Jewellery store ahead of the Lunar Year of the Dog in Hong Kong, China December 14, 2017. REUTERS/Tyrone Siu Chinas 2021 gold demand will see annual growth and will revert to pre-pandemic levels if there are no dramatic changes to the global economic and geo-political situation, a World Gold Council (WGC) official said o...

AfricaBotswanas state-owned coal miner aims to boost output by 35% Reuters 2 minutes read Botswanas state-owned Morupule Coal Mine (MCM) plans to boost production by over a third as the country seeks to cut its dependence on imported power, a company official said on Wednesday. Many countries are seeking to cut the use of carbon-intensive coal to reduce climate-warming emissions. But Botswana is anxious to use its estimated 212 billion tonnes of coal resources to curb its reliance on imported p...

RFA As many as 15 Myanmar soldiers were killed in western Chin state Monday by a newly formed ethnic militia, one of whose fighters vowed to “inflict damage” on the junta that ousted the country’s elected government, witnesses and a local rights group said. Monday’s ambush by the Chinland Defense Force in Chin state, a mountainous, impoverished area near the border with India and Bangladesh, came amid sporadic protests across Myanmar that were met by violent repression by ...