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The Swiss Financial Market Supervisory Authority (FINMA) announced on Monday that it will require major banks and insurance companies to report transparently on climate-related financial risks in the future. Separately, a study ranking Swiss banks’ sustainability efforts highlighted room for improvement. Going forward, FINMA expects financial institutions to evaluate significant climate-related financial risks and the impact on their strategy, business model and financial planning. They must also disclose their process for identifying, assessing, and handling these risks, as well as publish ...

Covid-19 has hit the economy hard. Investors need to consider global health in their investments, a researcher at the Graduate Institute argues.

TORONTO — Blockbuster corporate earnings and economic data couldn't prevent global stock markets from tumbling to end the trading week on renewed COVID-19 concerns and a possible signal that U.S. . . .

The Canadian dollar traded for 82.73 cents US compared with 82.83 cents US on Thursday. The July crude contract was up 19 cents at US$67.04 per barrel and the July natural gas contract was up six cents at US$3.02 per mmBTU. The August gold contract was up 20 cents at US$1,898.70 an ounce and the July copper contract was up a penny at US$4.67 a pound. This report by The Canadian Press was first published May 28, 2021. Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X) © Copyright Battlefords News Optimist

TORONTO — Canada's main stock index ended a record week by moving to within 100 points of a new milestone on a broad-based rally led by health care and commodities.The S&P/TSX composite index set . . .