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As Environmental Finance reported in late July, European Central Bank (ECB) researchers have recently found that the organisation’s climate-related supervision is reducing EU banks' climate risk and has spurred green finance. According to these conclusions, ECB measures including its 2022 climate risk stress test have triggered major improvements in green...

Letsile Tebogo’s meteoric rise in the world of athletics has not only earned him a place in the history books but also an impressive array of rewards that now make him arguably the youngest and richest person in Botswana. The 21-year-old sprinter made history at the Paris Olympics by becoming...

Once again, Johann Rupert of South Africa has claimed the title of Africa’s wealthiest individual. This is not an unfamiliar achievement for the billionaire, who has frequently topped the continent’s rich list. For over a year, Rupert and Nigeria’s Aliko Dangote have been engaged in a close competition, with each...

Home Depot, the largest home improvement retailer in the U.S., has reported that anxiety about the economy and elevated interest rates are dampening consumer spending, leading to a steeper-than-expected decline in sales. On Tuesday, the company announced that it expects a 3% to 4% decrease in sales at stores open...

Nadine Ahn, the former Chief Financial Officer of the Royal Bank of Canada (RBC), has initiated legal proceedings against the bank, claiming she was wrongfully terminated due to a personal relationship with a colleague. Ahn, who was considered a strong contender to become RBC’s first female CEO, contends that her...

Zūm, a leader in modern student transportation, has released the 2024 results from its annual Student Transportation Report Card. This survey captures parents' views on the American school bus system. The survey data were collected by Zūm via Pollfish, an online survey platform, from June 26-27, 2024. A total of...

Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, has announced that its Board has appointed Matti Shem Tov, former CEO of ProQuest, as the company’s next CEO, effective August 9, 2024. In addition to his role as CEO, Shem Tov will join Clarivate’s Board of Directors. Jonathan...

Rolls-Royce shares surged over 11% to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded its profit forecast following robust first-half results. By 9:20 am London time, shares were trading 9.4% higher. The British aerospace and defense giant reported an underlying profit of...

Meta CEO and Facebook cofounder Mark Zuckerberg saw a significant boost to his wealth following a strong post-earnings rally in Meta's stock. Zuckerberg's net worth increased by $11 billion, jumping from $167 billion to $178 billion on Thursday as Meta’s share price climbed 6%, marking its second-largest gain in the...

Adore Beauty has announced the appointment of Sacha Laing, an experienced retail executive, as its new Chief Executive Officer. Laing, who previously served as CEO of Alquemie Group, will begin his new role on October 1. Laing brings over 25 years of experience in the retail industry. His most recent...