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Could my pension save the planet? | CA Today | News

[ad_1] By Stephanie Hawthorne, award-winning financial journalist 26 June 2018 Key points: Three-quarters of the British public don’t know how much of their pension is invested ethically. Environment, social and governance (ESG) issues are gaining momentum on the pension investment agenda. It is legitimate for trustees to take ESG factors into account when determining an investment strategy provided it is driven by cogent investment reasons. Millions of pieces…

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Facebook will not remove fake news – but will ‘demote’ it

[ad_1] Image copyright Reuters Facebook says it will not remove fake news from its platform because it does not violate its community standards. The social network is currently running an advertising campaign in the UK that declares “fake news is not our friend”. But it said publishers often had “very different points of view” and removing fabricated posts would be “contrary to the basic principles of free speech”. Instead, it says posts that it deems to be fake news will…

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Hapu business group has big plans for Napier Crown-owned land

[ad_1] A newly formed Hawke’s Bay hapu business group is planning $80 million in new commercial and retail developments in Napier in the first phase of developments that could run into the billions of dollars. The Mana Ahuriri Trust is the vehicle managing the Ahuriri Treaty of Waitangi settlement for 2500 members of various hapu in the Ahuriri and Napier areas. In November 2016 the trust was granted a settlement, 90% of which comprises the entitlement to buy various Crown land…

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Citadel hedge funds extend hot streak – Finance News

[ad_1] (Bloomberg)—Ken Griffin’s flagship multi-strategy funds extended their solid performance this year through the first half, returning 8.8 percent. Citadel’s Kensington and Wellington funds, which jumped 13 percent last year, gained 1.5 percent in June, according to a person with knowledge of the matter who asked not to be identified. The first-half performance was led by equity, commodities and fixed-income strategies, while credit and quantitative investments also made money, the person said. Griffin, who founded the $30 billion firm, is…

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Citadel hedge funds extend hot streak – Finance News

[ad_1] (Bloomberg)—Ken Griffin’s flagship multi-strategy funds extended their solid performance this year through the first half, returning 8.8 percent. Citadel’s Kensington and Wellington funds, which jumped 13 percent last year, gained 1.5 percent in June, according to a person with knowledge of the matter who asked not to be identified. The first-half performance was led by equity, commodities and fixed-income strategies, while credit and quantitative investments also made money, the person said. Griffin, who founded the $30 billion firm, is…

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5 Ways An App Can Help Your Business Today

[ad_1] Startups and fast-growing companies face a major challenge in the digital business era. There is great pressure for them to be present on social media, app stores and to use the latest technologies like chatbots and AI services. Apps remain one of the leading ways to create a permanent connection with customers, use these key points when it comes to pushing for an app in your business. 1. Useful apps are forever IT departments and developers will often argue…

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Bank of England’s Cunliffe sees case for ‘stodginess’ in setting interest rates

[ad_1] LONDON (Reuters) – Bank of England Deputy Governor Jon Cunliffe sounded a note of caution about raising interest rates on Friday, saying there was limited evidence that wages were rising as fast as the BoE forecast earlier this year. FILE PHOTO: Bank of England Deputy Governor Jon Cunliffe speaks at the ‘Future Forum 2017’ event in St George’s Hall, Liverpool, Britain November 16, 2017. REUTERS/Phil Noble Weak economic growth in the first three months of 2018 increasingly looked to…

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Global Industrial Lighting Market Outlook to 2024 by Light Source, Offering, Installation Type, Product and Application – ResearchAndMarkets.com

[ad_1] DUBLIN–(BUSINESS WIRE)–The “Global Industrial Lighting Market – Technologies, Market share and Industry Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering. Global industrial lighting market is expected to grow at CAGR of 7.9% during forecast period 2017-2024. Increasing modernization and infrastructural development, growing penetration of LEDs, due to reducing price across diversified industrial applications, durability of LED lights for industrial usage, and low energy consumption by LEDs for warfare operations are driving global industrial lighting market. However, lack…

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Why Japan is going to accept more foreign workers

[ad_1] FOREIGN cashiers and carers are now a fact of life in Japan, especially in urban areas. The number of foreign workers has risen fast recently, to 1.3m—some 2% of the workforce. Although visas that allow foreigners to settle in Japan are in theory mainly for highly skilled workers, in practice those with fewer skills may be admitted as students or trainees or as immigrants of Japanese extraction. In June the government announced that it would create a “designated-skills” visa…

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SATS, Wilmar in joint venture to form food manufacturing and processing company, Companies & Markets

[ad_1] Fri, Jul 13, 2018 – 9:06 PM SATS and Wilmar International unveiled after Friday trading hours, a 120 million yuan (about S$24.53 million) joint venture (JV) company. SATS Food Services will hold 60 per cent equity interest, with an indirect subsidiary of Wilmar taking the remaining 40 per cent stake in Langfang JVCo. The JV company is set up for the purpose of building a central kitchen in Langfang, Hebei, China. Its primary business is in food manufacturing, food…

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U.S. Right to Push for Better Trade Deal with China but Should Be Wary of Consequences, Professor Says

[ad_1] The U.S. is right to push for a better trade deal with China, says a Virginia Tech professor, but escalating the dispute with retaliatory tariffs is not the best strategy. “We should be persistent in our demands that China reduce their tariffs and remove their non-tariff regulatory trade barriers on imports,” said finance professor Raman Kumar.  “We have to change the current scenario — lose for U.S. and win for China in some instances — to a win-win scenario…

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Trump backs May on Brexit in bid to repair ties

[ad_1] Donald Trump has backed away from parts of his caustic assessment of the Brexit talks and Theresa May’s performance as a prime minister. “Whatever you do [on Brexit] is OK with me, whatever you do is OK with us, just make sure you can trade with us, that’s all that matters,” he said in a press conference on Friday. The two leaders reaffirmed the “special relationship” between the US and the UK, saying the link was crucial to justice…

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French banks win savings account case against ECB

[ad_1] Claire Jones in Frankfurt and Martin Arnold in London July 13, 2018 Print this page The European Central Bank has lost a case against six of France’s largest banks after Europe’s top court ruled that the lenders should be exempt from holding capital against certain state-backed deposits. The European Court of Justice said in a ruling published on Friday that the ECB should allow the lenders to exclude exposures related to French savings accounts from the leverage ratio, a…

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Stoke is debt capital of England and Wales – followed by Plymouth | Money

[ad_1] Stoke-on-Trent has been identified as the debt capital of England and Wales, according to new official figures. The Midlands city had the highest rate of personal insolvencies in 2017, followed by Plymouth, Hull and Scarborough. The former industrial centre famous for its potteries and pinpointed as a Brexit heartland, recorded an insolvency rate of 44.8 per 10,000 adults – more than double the national average. Bankruptcy A form of debt relief available for anyone who is unable to pay…

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Four airports found to be failing disabled passengers

[ad_1] Image copyright Getty Images Image caption Stansted is one airport that needs to improve its access for disabled passengers, the CAA found Four of the UK’s 30 biggest airports are falling short in providing access for disabled travellers, the Civil Aviation Authority has said. Bottom of the list is Manchester, rated as “poor” for the second year running. Birmingham and London Stansted airports are also in need of improvement, the CAA said. London Gatwick airport, criticised by BBC journalist…

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Cubs’ Heyward buys Gold Coast condo – Residential News

[ad_1] Chicago Cubs right-fielder Jason Heyward paid nearly $7 million for a 19th-floor condo in a new Gold Coast tower that has been racking up high sale prices. Heyward paid more than $6.93 million, via a legal entity registered to him and his parents. The sale closed in late June and was entered into public records July 5, according to the Cook County Recorder of Deeds. The same day he bought the condo, Heyward took out a $4.5 million mortgage,…

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