ECB set for greener ‘tilt’ in €386bn corporate bond portfolio

ECB set for greener ‘tilt’ in €386bn corporate bond portfolio

The European Central Bank will shift the corporate bonds it owns and accepts as collateral away from the most carbon-intensive companies, going further than most big rate-setting…

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Fears of recession leave €40bn of European corporate bonds in distress

Fears of recession leave €40bn of European corporate bonds in distress

More than €40bn of European corporate bonds are now trading at distressed levels, highlighting how the worsening economic outlook has triggered rising angst about companies’ ability to…

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Metaverse can’t be built on the corporate business model, says EY innovation lead

Metaverse can’t be built on the corporate business model, says EY innovation lead

Magnus Jones, the innovation lead at big four accounting firm Ernst & Young (EY) believes that the metaverse would be led by the young generation and it…

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Dublin-based corporate gifting platform &Open raises M Series A led by Molten Ventures – TechCrunch

Dublin-based corporate gifting platform &Open raises $26M Series A led by Molten Ventures – TechCrunch

Last year we covered how “&Open” (yes, “ampersand open,” pronounced “And Open”) had raised a raised $7.2 million seed to make it easier for brands to send…

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Corporate America seeks to halt SEC climate rule

Corporate America seeks to halt SEC climate rule

Washington’s biggest corporate lobby groups are trying to stop an SEC proposal that would require companies for the first time to disclose certain carbon emissions and climate…

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Brex leaving adrift some SMB customers roils corporate spend market – TechCrunch

Brex leaving adrift some SMB customers roils corporate spend market – TechCrunch

Brex’s decision to largely exit the SMB market has caught its customers, market observers and even its competitors by surprise. And while the affected customers scramble to…

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Corporate bond funds bleed billions as Fed ramps up inflation fight

Corporate bond funds bleed billions as Fed ramps up inflation fight

Investors yanked billions of dollars out of corporate bond funds over the past week as unexpectedly high inflation data prompted an aggressive interest rate increase by the…

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Kraken reiterates hiring targets as CEO denounces ‘woke activists’ in corporate culture

Kraken reiterates hiring targets as CEO denounces ‘woke activists’ in corporate culture

On Wednesday, cryptocurrency exchange Kraken announced that it would continue to hire over 500 roles in various departments amid a market downturn. The company’s hiring efforts are…

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Poland ready to drop objection to minimum corporate tax

Poland ready to drop objection to minimum corporate tax

Poland is set to remove its opposition to a directive the EU wants to use to implement the global minimum corporate tax, raising hopes that the measure…

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