U.K.’s New Green Plan Backs 250,000 Jobs and Bans Gas Car Sales By Tim Ross, Alex Morales and Jessica Shankleman (Bloomberg) -- U.K. Prime Minister Boris Johnson announced a 12 billion-pound ($15.9 billion) plan to boost green industries and tackle climate change, in a blueprint he says will create or support as many as 250,000 [...]
CDC Tells Americans to Start Readying for Outbreak: Virus Update 2020-02-25 18:47:13.270 GMT By Bloomberg News (Bloomberg) -- The U.S. Centers for Disease Control and Prevention warned Americans to prepare for a coronavirus outbreak at home that could lead to significant disruptions of daily life, though the warnings were downplayed by the White House. Congress [...]
BNP Paribas cuts profitability outlook due to low interest rates “BNP Paribas’ earnings are a mixed bag as they benefited from renewed activity from the fixed income, commodities, currencies and corporate and investment banking, thanks to the rebound in markets in 2019 but its costs are still too high and negative interest rates across its [...]
We are pleased to announce that our fund Clairinvest Cosmopolitan Global is shortlisted for the HFM European Emerging Manager Awards in the category Macro. The winners will be announced on November 26th. 2019.
EDF warns Flamanville weld repairs to cost 1.5 billion euros Dominique Vidalon, Geert De Clercq “It’s a disaster. EDF tried to compete and become a leader in the sector but it’s just one delay after another with them,"Said Ion-Marc Valahu, fund manager at Geneva-based investment firm Clairinvest, which does not own EDF shares. PARIS [...]
French energy group Total lifts dividend outlook By Sudip Kar-Gupta Ion-Marc Valahu said Total's update was a positive one for investors. "Most oil majors have not raised their capital expenditures in recent years but are still generating lots of cash, and the stock prices of most oil companies have been lagging behind the moves in [...]
