Markets
-
Robeco secures €15.4 billion mandates from PFZW pension fund. Robeco has been awarded €15.4 billion in investment mandates from PFZW, aligning with the fund’s sustainability-focused strategy. This move follows the non-renewal of BlackRock’s €14 billion mandate, highlighting a shift towards active management and sustainable investing….
-
Wharton and PRI Academy introduce a new sustainability programme. The Wharton/PRI Executive Certificate aims to equip corporate leaders and senior professionals with the tools to make informed investment decisions amidst increasing market complexities. The programme begins in February 2026, focusing on sustainable investment and risk management….
-
Mars launches programme to accelerate shift to clean energy. The initiative aims to cut carbon emissions by 10% by 2030, reducing 3 million tonnes of emissions. Partnering with Enel North America, it facilitates renewable energy use across its value chain….
-
T. Rowe Price and IFC launch blue economy bond strategy. The new fund aims to invest in sustainable water and ocean projects, catalysing the blue bond market with initial commitments exceeding $200 million from multiple investors, including Xylem and Builders Vision….
-
EU court allows nuclear and gas in sustainable taxonomy. The EU’s General Court has ruled in favour of including nuclear energy and fossil gas in the EU Taxonomy, dismissing Austria’s objections. The court deemed these sectors can contribute to climate goals under specific conditions….
-
HMRC loses £836m to tax loophole abuse, exceeding estimates. The practice of ‘phoenixing’ has significantly impacted HMRC’s ability to collect taxes, with losses reaching £836m in the 2022-23 tax year, surpassing previous estimates by 45 per cent.
-
This week’s UK M&A activity spanned mining, housing, marketing, legal services, and reinsurance. From a $50 billion copper mega-merger to digital-first disruption of property law, the deals illustrate the UK’s role as a stage for global capital and strategic sector reshaping.
-
GreenIT signs €370 million project financing agreement for renewables. The Italian joint venture will use these funds to develop new onshore renewable projects, aiming to reach one gigawatt of installed capacity by 2030. Completion is expected by 2028….
-
LNER warns passengers after supplier breach exposes data. London North Eastern Railway (LNER) advises customers to stay alert following a cyber-attack on a third-party supplier, which revealed contact details and some journey history. No financial data or ticketing systems were compromised.
-
US consumer prices rose at their fastest annual pace since January. The increase complicates the Federal Reserve’s upcoming decision on interest rates, as labour market indicators show weakness. Investors widely expect a rate cut next week, but rising inflation may limit the scale or speed of any adjustment.