Monday, 21 October 2019

Daily Investor Update: Companies slow to disclose financial costs of climate change: report

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Companies slow to disclose financial costs of climate change: report

U.S. and European companies in polluting industries rarely disclose the financial risks they face related to climate change even though a global task force called on them to do so two years ago, Moody's Investors Service said in a report on Monday.

Facebook suspends Russian Instagram accounts targeting U.S. voters

Facebook Inc said on Monday it has suspended a network of Instagram accounts operated from Russia that targeted Americans with divisive political messages ahead of next year's U.S. presidential election, with operators posing as people within the United States.

Exclusive: Europe regulator to clear Boeing 737 MAX in January at earliest

European regulators expect to clear Boeing's grounded 737 MAX to return to service in January at the earliest, following flight trials by European test pilots scheduled for mid-December, Europe's top aviation safety official told Reuters.

Oil prices fall 1% as global demand concerns grow

Oil prices fell nearly 1% on Monday after comments from a U.S. official fed concerns surrounding the U.S.-China trade war, adding to worries that a slowing global economy would reduce demand for oil.

Trump praises U.S.-China trade talks as Beijing seeks billions in WTO case against U.S.

U.S. President Donald Trump on Monday said efforts to end a U.S. trade war with China were going well as the world's two largest economies continued to battle over trade and politics across the world despite heralding a long-awaited truce this month.

Trade hopes boost Wall Street; tech shares lead gains

The benchmark S&P 500 stock index rose within striking distance of a record high on Monday as further signs of progress toward a resolution of the trade dispute between the United States and China helped boost shares in trade-exposed and economically sensitive sectors.

Trump's Vuitton visit stirs discord at the brand as designer hits out

Louis Vuitton designer Nicolas Ghesquiere has hit out at Donald Trump after the U.S. president inaugurated one of the brand's factories last week, distancing himself from a visit that was attended by top executives from parent group LVMH.

Global stocks climb on hopes for progress in trade; dollar up

World stock indexes rose on Monday as hopes for resolving the U.S.-China trade war bolstered investor optimism, and the U.S. dollar index edged higher.

Boeing may face billions more in losses as MAX crisis deepens: analysts

Boeing Co may have to book billions of dollars in additional charges related to its grounded 737 MAX jets, brokerages said on Monday, following reports that call into question the timing of the aircraft's return to service.

Embraer announces $1.4 billion order, launch customer for Praetors jets

Embraer SA on Monday announced an order worth $1.4 billion from Flexjet, which becomes the new launch customer for the Brazilian company's Praetor jets.

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