Germany to Reject EU Green Investment Label for Nuclear Power

Germany said on Monday that it will oppose European Union plans to include nuclear energy as a sustainable investment in its ‘taxonomy’ proposal for labeling green investments. “The Federal Government has expressed its opposition to the taxonomy rules on nuclear …

Read more

JPMorgan Drops Philippines to Worst ASEAN Investment Confidence as Dictator’s Son Leads Polls

JPMorgan dropped the Philippines to the bottom of an investment preference list of Southeast Asian countries as the son of a late dictator appears to be headed for a landslide win to the nation’s presidency. The U.S. investment bank did …

Read more

UN Office for Project Services Resigns Over Investment Probe

Fourth EstateGrete Faremo - Arbeiderpartiet

The United Nations Office for Project Services (UNOPS) executive director has resigned over alleged misconduct, risking millions of dollars in investments. Grete Faremo, executive director for UNOPS, said she has decided to step down as she acknowledged her responsibility for …

Read more

Kevin Hart’s New Media Company Expands With $100 Million Investment

Fourth EstateHARTBEAT Logo - HARTBEAT Productions

Kevin Hart launched HARTBEAT on Tuesday, a new media company with a 100 million USD investment from private equity firm Abry Partners. Abry Partners, which focuses on investments in the media, communication, and information services space, took a minority stake …

Read more

Stripe, Alphabet, Meta, Shopify, and McKinsey Start Carbon Removal Initiative

Fourth EstateStripe, Alphabet, Meta, Shopify, and McKinsey, have launched Frontier, an 'advance market commitment' - Fourth Estate

Big tech companies Stripe, Alphabet, Meta, Shopify, and McKinsey, have launched Frontier, an ‘advance market commitment’ to accelerate the development of permanent carbon removal technologies. “With Frontier, we want to send a loud demand signal to entrepreneurs, researchers, and investors …

Read more

European Union Parliament Pushes to Regulate Crypto Transfers

Fourth EstateCryptocurrency Chart on Mobile Device - Jeremy Bezanger

The European Union is set to vote on adding regulations on digital assets to an anti-money laundering scheme, a move that would make transferring cryptocurrency funds tougher. The proposal, first put forward last year by the EU’s executive European Commission, …

Read more

Bamboo Airways Owner Arrested for Stock Manipulation

VietBullTrinh Van Quyet during an Opening Ceremony - VietBull

Vietnamese police on Tuesday arrested the chairman of one of the country’s largest private companies on suspicion of manipulating the stock market early this year, actions that have caused serious damage to investors and affected operations of Vietnam’s stock exchange. …

Read more

New York Man Pleads Guilty to Insider Trading

Fourth EstateStock Trading App` - Photo by Michael Förtsch on Unsplash

A New York City man pleaded guilty on Tuesday to insider trading and tax evasion, a year after he was accused of trading with sensitive information from a company insider. Jason Peltz, 39, pleaded in the Brooklyn federal court to …

Read more