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Banks, investors pivot towards Biden win after Trump tests positive for COVID
Global banks and investors said they were stepping up their preparations for a victory by Democratic presidential candidate Joe Biden after his rival Republican President Donald Trump revealed he had tested positive for COVID-19 early on Friday.
Gorgan welcomes participation of European investors in tourism projects
Making investment in the tourism sector is among the main strategies adopted by urban managers of Gorgan, the capital of the northern province of Golestan, the city’s mayor said.
Rouhani calls for new envoys to introduce Iran’s capacities to foreign investors
Iran’s President Hassan Rouhani asked new Iranian ambassadors to six countries to introduce the capacities and capabilities of the country to foreign investors and private and public sectors.
Investors launch climate plan to get to net zero emissions by 2050
An investor group managing more than $16 trillion on Wednesday launched the world’s first step-by-step plan to help pension funds and others align their portfolios with the Paris Agreement on climate change.
Gold forges record high as investors seek safety
Gold soared to a record high on Monday as investors rushed into the safe-haven commodity on concerns about heightened China-US tensions, a spike in virus infections and a lack of progress on a new stimulus bill in Washington.
South Korean retail investors log big returns on stocks
South Korean retail investors have posted big gains from their stock investments in recent months amid a market recovery from the coronavirus shock, data showed Monday.
Rich nations must make pandemic recovery plans green: Global investors
The world’s richest nations must ensure their COVID-19 recovery plans are sustainable and help meet the goals of the Paris climate accord, according to leading global investor groups that together manage trillions of dollars in assets.
Investors caution cement, steel firms on EU climate lobbying
Cement and steel companies are being warned by investors over their lobbying on planned European Union carbon costs, saying they are effectively asking to be compensated twice over.
Bitcoin investors still smiling at the end of 2019
It’s been a bumpy year for bitcoin hodlers, but despite the rough ride, over the last 12 months, the price of the cryptocurrency has risen by more than 95 percent since this time last year.
Investors back oil’s jump above $60 with surge in bullish bets
Hedge funds boosted bets on rising US crude prices to the highest level in more than seven months, helping support oil’s first full week above $60 a barrel since May.
Major European investors urge EU to enshrine climate goal in law
European investors representing over six trillion euros in assets are calling on European Union governments to speed up efforts to enshrine the EU’s 2050 climate neutrality goal in law.
Chinese investors pile into gold as economic worries surge
Chinese investors are piling into gold bullion in a big way as worries over China’s economy and political system surge.
Uganda sees investors lined up for five oil blocks by end-2020
Uganda sees investors lined up for five oil blocks by the end of next year and expects to start producing crude as early as 2023.
Investors have started preparing for Brexit endgame
When it comes to Brexit, investors have endured three years of deadlines and disappointments. Now with a finish line tantalizingly in sight, they have switched from expectations it could last forever to perhaps pricing the endgame.

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