aims Archives - Zxcoachoutlet

HSBC Bank Aims For Zero Carbon On Investments By 2050

October 9, 2020

Asia-focused bank HSBC announced Friday that it aims to achieve net-zero carbon emissions across its investments by 2050, but campaigners accused it of falling short on tackling climate change.

“HSBC has both the scale and global reach to play a leading role in guiding its customers through this transition and helping them to achieve this ambitious goal,” the lender said in a statement.

Its target is to “align its financed emissions — the carbon emissions of its portfolio of customers — to the Paris Agreement goal to achieve net zero by 2050 or sooner”.

“The bank also aims to be net zero in its operations and supply chain by 2030.”

Europe’s biggest bank added that it has earmarked between $750 billion and $1.0 trillion of finance and investment to assist the transition.

CEO Noel Quinn called the 2020s a “pivotal decade of change” towards “a healthier, more resilient and more

All Eyes On Washington, Wall Street Aims To Open Positive

October 9, 2020

| No Comments

| business

(RTTNews) – The developments in Washington might be the focus on Friday as the investors are looking ahead to a better economy.

Initial signs from the U.S. Futures point to a positive open for Wall Street.
Asian shares finished mostly higher, while European shares are trading up.

As of 8.10 am ET, the Dow futures were adding 111.00 points, the S&P 500 futures were up 14.75 points and the Nasdaq 100 futures were progressing 41.75 points.

The U.S. major averages all ended Thursday in positive territory. The Dow rose 122.05 points or 0.4 percent to 28,425.51, the Nasdaq climbed 56.38 points or 0.5 percent to 11,420.98 and the S&P 500 advanced 27.38 points or 0.8 percent to 3,446.83.

On the economic front, the Commerce Department’s Wholesale Inventories for August will be issued at 10.00 am ET. The consensus is for an increase of 0.5 percent, while it was down 0.3

Japan Airlines Aims for Discount Network to Capture Post-Coronavirus Tourism | Investing News

October 7, 2020

| No Comments

| business

TOKYO (Reuters) – Japan Airlines <9201.T> wants to create a low-cost carrier network with three of its discount carriers to tap leisure travel that, unlike business travel, could rebound as the coronavirus wanes, the company president said on Wednesday.

“Aviation won’t return to what it was before and business travel demand could even shrink further. One of our targets is tourism,” Yuji Akasaka told a media briefing.

Japan Airlines’ three low-cost regional carriers include Jetstar, which it operates with Qantas Airlines,

, Spring Airlines Japan, a joint venture with China’s Spring Airlines <601021.SS>, and its wholly owned ZIPAIR unit.

Akasaka did not say whether Japan would seek to formally merge their operations through acquisitions.

Japan Airlines, like other carriers, has been hammered by a collapse in international air travel to about a tenth of what it was before the coronavirus outbreak, but has seen domestic flight demand rebound helped by

Demeter Aims To Open Up Micro-Farms To Mom & Pop Investors

September 29, 2020

| No Comments

| business

If Demeter has anything to say about it, the coming years’ harvests will be fruitful for both small farmers and the consumers who value the way they operate. But in this instance, it’s not Demeter, the Greek goddess of harvest behind the push, but a small team of Forbes 30 Under 30 list members who gathered this weekend using the same name to take the first steps towards creating a new kind of investment vehicle powered by blockchain.

While retail and institutional investors alike already invest billions of dollars annually in agribusiness funds, largely consisting of the companies farms rely on, the cost of complying with fund requirements excludes most farms. While some of these funds allow investors to back smaller market cap companies, many independent micro-farms must resort to using state lenders and expensive farm banks or agriculture lenders.

By issuing digital assets backed by actual harvests, using an

Zambia aims to clinch debt restructuring deal by April – finance minister

September 29, 2020

| No Comments

| finance

Adds details, background

LONDON, Sept 29 (Reuters) – Zambia hopes to reach a debt restructuring agreement with creditors by April and hopes to get nearly $1 billion of debt service relief from its requests to official and commercial creditors, Finance Minister Bwalya Ng’andu said on Tuesday.

One of the world’s largest copper producers, Zambia had been wrestling with growing public debt even before the coronavirus outbreak forced lockdowns around the world and cut demand for raw materials.

“We have engaged systematically with our official creditors for debt service suspension as well as our commercial creditors to seek similar debt service treatment, including the rescheduling of past due arrears accumulated throughout the year,” Ng’andu told creditors in a webcast.

“We hope to be in a position to reach an agreement in principle with our external creditor community on a debt treatment and with the IMF on a staff level agreement

Turning poop into fertilizer, Oakland County aims to save money and the Earth

September 28, 2020

| No Comments

| money

Jim Nash is proud as poop of his new $32-million maze of pipes and boilers on the outskirts of Pontiac.

Two plans for handling sewage, only one gets state’s OK

UP NEXT

“This is going to revolutionize how sewage is treated,” says Nash, the boss of Oakland County’s drains and sewers.

Doesn’t excite you? Well, put on your COVID mask — it’ll cut down on odors we’ll encounter — and join a reporter and photographer as we tour a new way of handling everyone’s you-know-what.

Start the day smarter. Get all the news you need in your inbox each morning.

“We’re the first place in Michigan to try it and only the third in the nation,” Nash says on the tour.

a man standing next to a building: Oakland County Water Resource Commissioner Jim Nash, right, and Mike Daniels, plant manager, give a tour of the new Thermal Hydrolysis Processing facility (THP) in Pontiac. The plant transforms human waste into class A fertilizer.

© Mandi Wright, Detroit Free Press
Oakland County Water Resource Commissioner Jim Nash, right, and Mike Daniels, plant manager, give a tour of the new Thermal

Fed aims to lay groundwork for interagency CRA overhaul

September 27, 2020

| No Comments

| business

CRA is designed to combat discriminatory lending practices against lower-income borrowers — and minorities in particular. Governor Lael Brainard, the Fed board’s point person on the law, stressed that more work needs to be done to address racial disparities, despite a number of landmark civil rights statutes.

“Even with these critical laws, the legacy of discriminatory lending and systemic inequity in credit access remains in evidence today,” Brainard said in a speech to the Urban Institute.

“The typically minority neighborhoods demarcated in red in the old color-coded maps tend to be characterized by worse economic performance and opportunity even today,” she added. “Beyond these specific neighborhoods, research and surveys indicate that there are ongoing racial disparities in access to credit.”

In its proposed approach, the central bank would put greater emphasis on encouraging banks to support minority depository institutions, community development financial institutions, women-owned financial institutions and low-income credit unions.