Slumping Australia Energy Stocks Eye Rebound as Projects Ramp Up
  • December 2, 2024

Slumping Australia Energy Stocks Eye Rebound as Projects Ramp Up

(Bloomberg) -- Australia’s flailing energy stocks may reverse course next year as several stalled projects start production, according to analysts.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsA sub-gauge of energy shares has fallen 18% in 2024 to become the worst-performing sector on the nation’s benchmark S&P/ASX 200 Index and lags behind regional peers. While slower project timelines and soft

JPMorgan Rejects Transition-Finance Trend Gripping Wall Street
  • December 2, 2024

JPMorgan Rejects Transition-Finance Trend Gripping Wall Street

(Bloomberg) -- JPMorgan Chase & Co. is turning its back on a trend that’s been embraced by many of its Wall Street peers.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionTransition finance — a term intended to describe the allocation of capital to activities that will ultimately help cut carbon emissions in the wider economy — exists in something of a regulatory gray zone. At the same time, financi