More than half of European pension funds – 54% – are considering the impact of climate-change risks in their investment allocations, up from 14% in 2019. Mercer’s latest European asset allocation insights report, which surveyed more than 900 funds, also found that 89%...
Nutanix, a leader in enterprise cloud computing, today announced that Bain Capital will make an investment of $750 million in Convertible Senior Notes to support the Company’s growth initiatives. “Bain Capital has deep technology investing experience and a strong...
Gatwick Airport, Britain’s no.2 airport, said the pandemic had pushed it to a 321 million pound loss in the first six months of 2020 as passenger numbers collapsed and it prepared for the travel slump to last for years. Gatwick, owned by VINCI Airports and Global...
Shares of Chinese electric vehicle (EV) maker Xpeng Inc jumped as much as 67% after its U.S. market debut on Thursday, as capital markets continue to reward new listings in what has been one of the best years for IPOs since the dotcom boom. Shares of Xpeng, which...
The Federal Reserve unanimously approved a new strategy that will effectively set aside a practice it has followed for more than three decades to pre-emptively lift interest rates to head off higher inflation. Fed Chairman Jerome Powell unveiled the updates in a... 