A US retreat has resulted in an overall decline in the global market for ESG investing.
Sri Lanka struck an in-principle deal with a committee of official creditors, including India and the Paris Club, to restructure about $5.9 billion of its debt, a key step toward the nation’s efforts to recover from an unprecedented economic crisis.
Royal Philips NV slumped after a US regulator warned about a safety issue involving the company’s DreamStation 2 sleep apnea machine, whose predecessor is already the subject of a major product recall.
Saudi Arabia’s Public Investment Fund will buy a 10% stake in London Heathrow Airport as part of a shareholder reshuffle, becoming a partial owner in one of Europe’s busiest airports alongside the Qatar Investment Authority.
Interest rate hikes have upended residential real estate markets across Europe but no where is the wave of distress more evident than in Germany, according to Bob Faith, Chief Executive Officer of Greystar Real Estate Partners.
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