Hedge fund billionaire Paul Tudor Jones is a major backer of ESG efforts, but says the real focus should be on workers, not the environment.Story Published at: January 11, 2023 at 06:18PM
Paul Tudor Jones, hedge fund billionaire, wants to do away with ‘ESG’
Biden administration extends Covid public health emergency as highly infectious omicron XBB.1.5 spreads
The public health emergency extension occurs amid concern that the nation may face another wave of hospitalizations from the disease this winter.Story Published at: January 11, 2023 at 03:19PM
FTX has recovered $5 billion worth of ‘liquid’ assets, lawyers say
FTX lawyers said they had recovered $5 billion of assets, including cash and crypto, bringing customers closer to recovering from the exchange’s collapse.Story Published at: January 11, 2023 at 02:51PM
Crypto exchange Binance plans 15-30% hiring spree in 2023 even as rivals slash jobs
Crypto exchange Binance plans to increase the number of staff by between 15% and 30%, CEO Changpeng Zhao said.Story Published at: January 11, 2023 at 01:30PM
Major central bankers dispute role in tackling climate change as they battle inflation
Divisions are forming among the world’s most influential central banks over their role in tackling climate change, as policymakers focus on reining in inflation.Story Published at: January 11, 2023 at 11:42AM
Currency experts are turning bullish on the euro as Europe looks to hold off a recession
As markets head into a year of uncertainty against a backdrop of shifting economic data and monetary policy, analysts are turning positive on the outlook for the euro.Story Published at: January 11, 2023 at 10:37AM
The West’s oil war against Russia is starting to take its toll — sparking calls for tougher measures
Russia’s revenues from fossil fuel exports collapsed in December, according to a new report, hampering Moscow’s ability to finance the war in Ukraine.Story Published at: January 11, 2023 at 09:55AM
Global spending on mobile games falls 5% as high inflation causes market to cool
Mobile game spending fell 5% last year, to $110 billion, according to Data.ai. Nevertheless, downloads rose 8% to a record 90 billion.Story Published at: January 11, 2023 at 08:00AM
Sweden is facing its ‘day of reckoning’ as house prices plummet
This downturn is not surprising given the “dysfunctional” nature of the market, according to Stefan Ingves, the outgoing governor of Sweden’s central bank, the Riksbank.Story Published at: January 11, 2023 at 06:13AM
World Bank makes big cut to its 2023 growth outlook, says globe is ‘perilously close’ to recession
The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the back of what it sees as broadly worsening economic conditions.Story Published at: January 11, 2023 at 03:51AM