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COP26 8 mos. later: checking the status of the climate fight
The U.S. Supreme Court Thursday placed a huge hurdle in the way of President Joe Biden’s push to fight global…
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Trading Places: HSBC bolsters green team, Citi’s European push continues, Nutmeg boss leaves
HSBC promoted one of its top investment bankers to lead a new team of dealmakers tackling sustainable finance — a key…
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FCA strikes cancelled as Unite says union recognition back on the table
Financial Conduct Authority staff have called off planned strike action, as Unite claims that union recognition is back “on the table”.…
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Klarna valuation to be chopped to $6.5bn in fresh fundraise
Klarna is nearing a deal to raise new money at a valuation of around $6.5bn, according to people familiar with…
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Money laundering watchdog pushes for crypto information-sharing rules
Most countries lack “travel rule” laws that could help prevent the illicit use of cryptocurrency by criminals and terrorists, a…
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The 20 Best Places to Watch Fourth of July Fireworks in 2022
franckreporterGetty Images You simply can’t celebrate the Fourth of July without fireworks. It’s the perfect way to end a holiday…
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Hedge fund adviser Patrick Ghali on crypto, ESG and why clients are dumping ‘any exposure to China’
Patrick Ghali, co-founder of hedge fund advisory Sussex Partners, talks with Financial News about how his clients are adapting to…
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Johnson ‘impatient’ at pace of post-Brexit Solvency II rules: report
The Bank of England and Boris Johnson are on a collision course over the future of Solvency II reforms, according…
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Leon Black rebuffed in Apollo conspiracy claim
A federal judge dismissed a case brought by former Apollo Global Management chief executive Leon Black alleging that his former partner and…
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UBS in $25m SEC settlement over complex options products
UBS agreed to pay $25m to settle fraud charges from the Securities and Exchange Commission over a complex options-trading strategy…
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Jupiter’s CEO choice draws criticism from former board member
Jupiter’s decision to appoint Matthew Beesley as its next chief executive is unlikely to “fix” the problem of its plummeting…
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How to Turn Your Roe Despair Into Meaningful Action
Just keep in mind that these groups are trying to do a lot right now, including managing an influx of…
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The U.S. Army Is Getting Its First Light Tanks in More Than 50 Years
The U.S. Army awarded a contract to General Dynamics Land Systems for the new Mobile Protected Firepower vehicle. Mobile Protected…
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I Was Diagnosed With Monkeypox and the Symptoms Are Pretty Brutal
Things really ramped up over that weekend. I was sweating a bunch to the point where my sheets were soaked.…
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Here’s Who Can—and Should—Get the Monkeypox Vaccine Right Now
A nationwide monkeypox vaccination plan is finally in the works. On June 28, the U.S. Department of Health and Human…
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Stanford Medicine leaders sign Biden administration pledge to address climate change
Stanford Medicine’s health care delivery system leaders joined the Biden administration for a White House roundtable Thursday, pledging to decarbonize…
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Utah Lawmaker Says She Believes Women Can Control ‘Intake of Semen’ During Sex
Karianne Lisonbee, a member of the Utah House of Representatives, recently said that she believes women can control the “intake…
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A Comet Nearing Earth Could Be One of the Largest We’ve Ever Seen
NASA, ESA, D. Jewitt (UCLA) The Comet C/2017 K2 was discovered in 2017, and at the time was the farthest…
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Oksana Masters Is the First-Ever Paralympian to Score ‘Best Athlete’ ESPYS Nomination
After a record-breaking run in the Winter Games this past March, multisport athlete Oksana Masters is etching her name in…
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Ketanji Brown Jackson Will Be Sworn into the Supreme Court Today
Ketanji Brown Jackson will be sworn into the Supreme Court this afternoon, becoming the first Black woman justice in the…
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Nutmeg CEO steps down after JPMorgan takeover: ‘I am now taking some time out’
The boss of the UK’s largest digital wealth manager Nutmeg has stepped down following the firm’s buyout by JPMorgan. A…
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Revolut appoints new US chief to lead expansion
Revolut has appointed a new chief executive in the US as it looks to expand its operations across the Atlantic.…
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Research Affiliates CEO calls crypto a ‘Ponzi scheme,’ questions ‘substance’ of blockchain
The chief executive of California-based asset manager Research Affiliates has called cryptocurrencies a “Ponzi scheme”, claiming bitcoin and the blockchain…
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Regulators in New York eye further crypto guidance
The head of the New York State Department of Financial Services said she wants the regulator to continue to be…
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Credit Suisse bolsters compliance, plans cost cuts from technology for turnaround
Credit Suisse has hired 22 senior compliance professionals this year and bolstered headcount in the division as it looks to…
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German Airliner Will Return the World’s Largest Passenger Aircraft to the Skies
After grounding the Airbus A380 in “deep storage” in 2020, German airliner Lufthansa plans to bring the long-haul aircraft back…
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Hallelujah, It’s Raining Fish (Anchovies, To Be Exact)
The anchovy population is spawning, and their numbers have been unusually high since 2020. Sea birds are having a feast,…
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Monkeypox Virus May Have Undergone ‘Accelerated Evolution’ in Current Outbreak
The monkeypox virus causing the current global outbreak may have undergone “accelerated evolution,” mutating more quickly than scientists expected, according…
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Objective Reality May Not Exist at All, Quantum Physicists Say
One of the biggest mysteries in quantum mechanics is whether physical reality exists independent of its observer. New research from…
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NATO Is Expanding Its Quick-Reaction Force to Over 300,000 Troops
NATO is set to increase the size of its rapid-reaction force more than sevenfold. The measure is designed to reassure…
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FCA probes Wise boss Kristo Kärmann after tax default
The Financial Conduct Authority has launched an investigation into Wise co-founder and CEOn Kristo Kärmann over his deliberate default on tax bills,…
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Three Arrows Capital falls into liquidation as crypto winter bites
Cryptocurrency-focused hedge fund Three Arrows Capital has gone bust, becoming one of the most prominent victims yet of the so-called…
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Celsius’ crypto faithful have a plan to avoid bankruptcy
An internal storm is brewing at crypto lender Celsius over its potential plans to file for bankruptcy, with some involved in…
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State Street, Ninety One CEOs: Defunding polluters is not the path to net zero
Ron O’Hanley is chief executive of State Street and Hendrik du Toit is chief executive of NinetyOne Today, more investors and…
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How threat of recession could push workers back — or end office life as we know it
The threat of recession amid a shrinking economy may force a return to the office for employees. Or the end…
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‘Just buy somebody’: Private markets push will fail without deals, says LCM boss
The chief executive of Brookfield-backed alternatives firm LCM Partners says asset managers pushing into private markets will fail without making acquisitions,…
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Investment bank fees fall by $24bn as deal boom loses steam
Dealmaking fees at top investment banks slumped by as much as 56% during the first half of 2022, as recessionary fears and…
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JPMorgan leaves the LME nickel crisis behind
US investment bank JPMorgan no longer has exposure to nickel. A drop in the price of the metal at the…
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Plunging bitcoin hits crypto miners
The plummeting price of bitcoin could force crypto miners to sell the tokens to fund operations, further pressuring the digital…
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See Why Strong Magnets Have a Bizarre Reaction to Copper
If you drop strong magnets onto a plate of copper, something remarkable happens: the magnets slow down before hitting the…
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Heroic Destroyer USS Samuel B. Roberts Is Now the Deepest Wreck Ever Discovered
Naval History and Heritage Command An underwater expedition has discovered the final resting place of the destroyer escort USS Samuel…
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Spaceflight Will Warm Earth’s Stratosphere 4 Degrees, Study Finds
A new study shows what will happen if spaceflight increases by a factor of ten. This estimate is in line…
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Some People Believe the ‘Betz Mystery Sphere’ Is a Piece of Alien Technology
Some still question the origins of the strange steel ball a Florida family found on their property in 1974. Could…
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Hundreds of Key U.S. Warplanes Aren’t Ready for Combat, Government Report Finds
A new study highlights a distressing lack of mission-capable aircraft in the Pentagon’s inventory. Conducted by the U.S. General Accountability…
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Tesla Plaid YouTuber Boils Brakes and Crashes at 170 MPH
Chillin with Chet / YouTube The driver behind YouTube channel Chillin’ with Chet recently got a Tesla Model S Plaid.…
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Apollo’s bid for Boots fails as Walgreens abandons £5bn sale
The blockbuster sale of UK chemist Boots has reportedly been abandoned amid uncertainty in the debt markets. Walgreens Boots Alliance,…
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FTX boss Sam Bankman-Fried dismisses reports of Robinhood acquisition
Sam Bankman-Fried, chief executive at crypto exchange FTX, said the company is not having any active mergers and acquisitions conversations…
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EY to pay $100m settlement fine over audit employees cheating CPA exams
WASHINGTON — Ernst & Young agreed to pay a record $100m fine and to admit that some of its auditors…
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Goldman Sachs, Wells Fargo up shareholder dividends after Fed gives green light
The largest US banks said they would increase payouts to shareholders after the Federal Reserve said the banks are able…
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Corporate governance and audit reform – watered down or pragmatic?
Jim Oulton and Tim Shepherd are partners in the litigation and dispute resolution department of Mayer Brown International where they…
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