BlackRock made a climate pledge. Then it appointed a Saudi oil executive to its board
BlackRock, the world's biggest asset manager, said Monday it has appointed Amin Nasser, chief executive of oil giant Saudi Aramco, to its board of directors — despite the New York-based firm's pledge to accelerate investment in climate-friendly companies.
2023-07-19 01:24
BlackRock names Aramco boss to board
By Natalie Grover LONDON The world's top asset manager BlackRock has named Amin Nasser, the chief of the
2023-07-18 05:20
An ESG Loophole Helps Drive Billions into Gulf Fossil Fuel Giants
Saudi Aramco, the world’s largest oil company, has become an unlikely beneficiary of funds earmarked for sustainable investments
2023-07-11 12:17
PIMCO CIO says preparing for 'harder landing' for global economy - FT
Pacific Investment Management Co (PIMCO) is preparing for a "harder landing" while top central bank chiefs prepare to
2023-07-02 12:46
Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia
Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new
2023-06-24 18:22
Cargill enters dispute for Brazil soy crusher's assets
By Ana Mano SAO PAULO (Reuters) -The Brazilian unit of U.S. grains merchant Cargill has asked a bankruptcy court to
2023-06-17 04:15
PIMCO's bond CIO says underweight dollar, sees value in UK gilts
By Harry Robertson LONDON PIMCO is underweight the U.S. dollar and overweight UK government bonds in some funds,
2023-06-13 03:17
EU Puts ESG Rating Providers on Notice as Major Overhaul Planned
After years of unfettered growth, the providers of ESG ratings will soon have to adjust their businesses to
2023-06-09 17:51
Real Madrid’s Karim Benzema to Receive Reported $300 Million for Saudi Move
Saudi Arabia’s $700 billion wealth fund and state oil firm Aramco are set to take control of several
2023-06-06 14:28
Saudi Aramco to Postpone Mega IPO of Energy Trading Unit
Saudi Aramco is pushing back a planned Riyadh initial public offering of its energy-trading business, a deal that
2023-05-11 17:51
Aramco Weighs LNG Exports as Hydrogen Talks Prove Tough
Saudi Aramco is weighing exports of liquefied natural gas instead of blue hydrogen, as talks with potential buyers
2023-05-10 17:23
Saudi Aramco to Boost Dividend With Performance-Based Payout
Saudi Aramco said it will introduce performance-linked dividends that will be paid out in addition to its base
2023-05-09 13:56