The Cool Down on MSN4d
Disturbing new report reveals world's biggest banks are breaking their promises in a big way: 'It's indefensible'
Big banks around the world have been pledging to reduce their net carbon output to zero for years now. A new report alleges ...
Reuters5d
Big banks, business groups sue US Fed over annual stress tests
Lawsuit challenges Fed's stress test procedures and transparency Supreme Court rulings embolden banks to challenge regulatory ... Fed's practice of determining how big banks perform against ...
Reuters2d
Big Oil backtracks on renewables push as climate agenda falters
LONDON, Dec 27 (Reuters) - Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down - and at times reversing - climate commitments in a shift ...
Wall Street Journal5d
Driving an EV? Big Oil Hopes You Don’t Cut Down on Plastic Too
Since the film’s 1967 release, global plastic use has risen twentyfold. But the plot is thickening just as Big Oil grows dependent on the wonder-material. As people switch to electric cars ...
Wall Street Journal6d
China’s EV Boom Is Starting to Pinch Oil Producers
China’s oil demand is nearing a turning point as electric vehicles take a growing share of its vehicle market, the world’s largest. The country has long been the thirstiest consumer of crude.
Investing2d
U.S. Crude Oil Inventories
Investing.com -- Wall Street is seen bouncing Thursday after the previous session's Fed-led rout, with the Bank ... Investing.com-- Oil prices moved little on Wednesday as traders kept away from ...
Bloomberg L.P.5d
Banks Sue Fed in Challenge to How Stress Tests Are Conducted
The Federal Reserve doesn’t allow for appropriate public input when designing bank stress tests, bank trade groups said in a lawsuit seeking to force the central bank to open the design of the ...
Oil majors like BP, Shell shift focus back to oil and gas, delaying clean energy goals
Major energy companies in Europe focused on profits from oil and gas business in 2024, pushing back climate commitments, ...
New York Post5d
Big banks, business groups sue Fed over ‘opaque’ annual stress tests
The lawsuit filed in US District Court in Columbus, Ohio, claims the Fed’s practice of determining how big banks perform against hypothetical economic turmoil, and assigning capital ...
Voice of America5d
Big banks, business groups sue US Federal Reserve over annual 'stress tests'
The lawsuit filed in U.S. District Court in Columbus, Ohio, claims the Fed's practice of determining how big banks perform against hypothetical economic turmoil, and assigning capital requirements ...
AOL5d
Big banks, business groups sue US Fed over annual stress tests
The lawsuit filed in U.S. District Court in Columbus, Ohio, claims the Fed's practice of determining how big banks perform against hypothetical economic turmoil, and assigning capital requirements ...
thecooldown4d
Disturbing new report reveals world's biggest banks are breaking their promises in a big way: 'It's indefensible'
But while well over 100 big banks around the planet have made net-zero pledges to avoid funding a net positive contribution of carbon into the atmosphere, it seems Big Oil is still finding that ...