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Texas bans Barclays from local govt debt business over ESG concerns - Vimarsana News

Texas bans Barclays from local govt debt business over ESG concerns

Texas Attorney General Ken Paxton on Friday said Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its pledges to cut greenhouse gas emissions. Republican officials have criticised environmental, social and governance (ESG) investing and have moved to limit the role of other banks in the local government debt market over such concerns. A Barclays spokesman declined to comment.

Source: yahoo.com
Northrop swings to loss on B-21 headwinds - Vimarsana News

Northrop swings to loss on B-21 headwinds

Northrop Grumman on Thursday said it swung to a loss in the fourth quarter from a year-earlier profit as it took a $1.17 billion charge related to the U.S. Air Force's next-generation B-21 stealth bomber. The B-21 started flight tests during the fourth quarter, after which the U.S. Air Force awarded Northrop a low-rate initial production (LRIP) contract for the bomber on a fixed-price basis. "We believe it is probable each of the first five LRIP lots will be performed at a loss," Northrop said.

Source: yahoo.com
Haiti's kidnapped nuns freed after week in captivity -archbishop - Vimarsana News

Haiti's kidnapped nuns freed after week in captivity -archbishop

Six Catholic nuns who were kidnapped in the Haitian capital nearly a week ago have been released alongside two more hostages, the archbishop of Port-au-Prince said in a statement late Wednesday.... -January 25, 2024 at 09:44 am EST - MarketScreener

German power plant talks stall over capex funding -sources - Vimarsana News

German power plant talks stall over capex funding -sources

High-level talks between the government and the utility sector on Thursday ended without a deal on a much-awaited strategy for new gas-fired power plants, according to three people familiar with...

US warned Iran of 'terrorist threat' before Jan. 3 attack -official - Vimarsana News

US warned Iran of 'terrorist threat' before Jan. 3 attack -official

The U.S. government privately warned long-time antagonist Iran about a terrorist threat within its borders ahead of a deadly attack this month that was claimed by the Islamic State militant group,... -January 25, 2024 at 03:21 pm EST - MarketScreener