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US selects compensation experts to oversee Boeing 737 MAX victim fund

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, International News

  Prominent attorneys Kenneth Feinberg and Camille Biros have been named to oversee a $500 million victim compensation fund for the relatives of 346 people killed in two fatal Boeing 737 MAX crashes, a spokeswoman for Feinberg confirmed on Wednesday, the second...

Most economies won’t return to pre-Covid activity levels by 2022: Moody’s

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

  New Delhi: Moody's Investors Service on Thursday said the credit downturn arising out of COVID-19 will be short-lived but most economies will not return to pre-pandemic activity levels until 2022. In the year since the World Health Organisation (WHO)...

Europe’s sustainable assets surge in 2020, more to come – EFAMA

by AIP Online Bureau | Mar 11, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

Assets in mutual funds which invest according to environmental, social and governance (ESG) criteria in Europe grew sharply in 2020 and should continue to accelerate, Europe's investment management industry body, EFAMA, said on Thursday. Net assets in ESG funds...

HSBC toughens stance on fossil fuel funding after shareholder heat

by AIP Online Bureau | Mar 11, 2021 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Risk Management

  London: HSBC will phase out its support for the coal industry in the developed world by 2030 and in the developing world by 2040, the bank said on Thursday, bowing to investor pressure to toughen its stance on fossil fuel financing. Investors managing some $2.4...

Warren Buffett becomes sixth member of $100 billion club

by AIP Online Bureau | Mar 11, 2021 | Eco/Invest/Demography, International News

Warren Buffett has been a fixture at the top of the world’s wealth rankings for decades, but in recent years he’s slipped down the list as tech fortunes soared and his hot hand cooled. Now, at 90, his net worth has blown past $100 billion. The Berkshire...
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