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News & Updates

May 2, 2016 The Latest: Berkshire investors reject climate change report

Source: Washington Post

OMAHA, Neb. — The Latest on Berkshire Hathaway’s annual shareholders meeting, where tens of thousands of people have listened to CEO Warren Buffett and Vice Chairman Charlie Munger talk business for several hours

April 29, 2016 Investor network says utilities should face climate change stress tests

Source: Reuters

Electric utilities should undergo stress tests to show how their business models are in line with limiting global warming, a global network of investors said on Friday.

April 29, 2016 Rowan Williams calls on Cambridge University to divest from fossil fuels

Source: The Guardian

Former archbishop of Canterbury says the university should withdraw its £5.8bn fund from from oil, coal and gas on ethical and financial grounds

April 29, 2016 The 6 Countries That Tell the Story of Europe’s (Still Shaky) Recovery

Source: NY Times

Eight years after global credit markets began to seize up, causing a round-the-world financial crisis, the economy of Europe’s 19-country euro currency union has only now edged back above its pre-collapse level.

April 29, 2016 Amazon earnings rebound, sending stock to the clouds

Source: USA Today

SAN FRANCISCO – Amazon swung to a surprisingly strong profit in the first three months of the year, boosted by its fast-growing cloud business and strong North American sales. Shares soared after hours Thursday.

April 28, 2016 VW's Biggest Brand Stumbles to Loss on Emissions Crisis

Source: Bloomberg

Volkswagen AG’s namesake car brand slumped to a loss in the fourth quarter as the emissions-cheating scandal tarnished its reputation and added costs to appease customers and dealers.

April 28, 2016 Venezuela declares a 2-day workweek because of dire energy shortages

Source: Washington Post

President Nicolás Maduro will furlough the country's public employees — who account for a third of the labor force — for the bulk of the week, so they can sit through rolling blackouts at home rather than in the office.

April 28, 2016 Fed signals no rush to raise rates as pace of U.S. recovery moderates

Source: Reuters

The Federal Reserve held interest rates unchanged on Wednesday and while it left the door open to a hike in June, its statement implied that it was in no hurry to follow on from its December rate rise

April 28, 2016 Be Afraid, Be Very Afraid If You're Investing for the Long Run

Source: Bloomberg

A coming collapse in investment returns means that people that age today will have to work seven years longer or save almost twice as much to end up with the same nest egg as those of roughly a generation ago.

April 28, 2016 Saudi Arabia will struggle to kick its addiction to oil

The prince claimed his national transformation program would enable the kingdom to "live without oil" as early as 2020

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