lowers
By Simon Jessop LONDON (Reuters) – Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, the bank’s chief sustainability officer told Reuters. A slowdown in electric vehicle sales, lagging adoption of biofuels in aviation…
Investing.com — Goldman Sachs in a note dated Monday has revised its price forecast for the fourth quarter of 2024, lowering the expected price to $85 per ton from $100 per ton. This adjustment reflects growing concerns over an oversupply in the global iron ore market, exacerbated by persistently strong…
Invessting.com — Morgan Stanley has lowered its forecast for global demand growth in 2024 to 1.1 million barrels per day from 1.2 million barrels per day. This revision is attributed to several factors, including slower economic growth in key markets, increased adoption of alternative energy sources, and evolving global economic…
By Nivedita Balu and Manya Saini TORONTO (Reuters) -Canada’s TD Bank Group said it would set aside $2.6 billion more for penalties related to U.S. regulatory probes into deficiencies in its anti-money laundering program and it would sell part of its stake in Charles Schwab (NYSE:) to offset the financial…