University of California to dump fossil fuel investments

The University of California is dumping fossil fuel investments from its nearly $84 billion pension and endowment funds because they are a financial risk, its top financial officers announced Tuesday.

Central banks are waking up to climate change dangers

The impact of climate change on the stability of individual financial institutions and the financial system in general is growing. It influences the types of activities that financial institutions will fund and the cost of ...

Boeing cutting production rate of troubled 737 Max jet

Boeing will cut production of its troubled 737 Max airliner this month, underscoring the growing financial risk it faces the longer that its best-selling plane remains grounded after two deadly crashes.

Firms obscure bad news in financial reports, study suggests

Firms that publish complex or ambiguous annual reports might be trying to mask poor performance and could be inadvertently signalling a crash in their stock price, according to new research from the University of Alberta.

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