Finance

EXCLUSIVE Investors warn European companies over climate accounting

Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe’s largest companies, including BP (BP.L) and Volkswagen (VOWG_p.DE), that they could challenge board directors over their accounting of climate risks.

JPMorgan’s Dimon warns of possible $1 billion Russia loss

JPMorgan (JPM.N) could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon said on Monday, detailing the extent of the bank’s potential losses from the conflict in Ukraine for the first time.

Oil extends rally on prospect of more Russia sanctions

Oil prices rose on Tuesday as the United States and Europe planned new sanctions to punish Russia over alleged war crimes in Ukraine, raising concerns over tighter global supply, while Iran’s nuclear talks with world powers stalled.

U.S. stops Russian bond payments, raising pressure on Moscow

The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars.

EXCLUSIVE Investors warn European companies over climate accounting

Thirty-four investors managing more than $7 trillion in assets have warned 17 of Europe’s largest companies, including BP (BP.L) and Volkswagen (VOWG_p.DE), that they could challenge board directors over their accounting of climate risks.

JPMorgan’s Dimon warns of possible $1 billion Russia loss

JPMorgan (JPM.N) could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon said on Monday, detailing the extent of the bank’s potential losses from the conflict in Ukraine for the first time.

Oil extends rally on prospect of more Russia sanctions

Oil prices rose on Tuesday as the United States and Europe planned new sanctions to punish Russia over alleged war crimes in Ukraine, raising concerns over tighter global supply, while Iran’s nuclear talks with world powers stalled.

U.S. stops Russian bond payments, raising pressure on Moscow

The United States stopped the Russian government on Monday from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars.

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