Post Tagged with: "BlackRock"

Source: Reuters

Stakeholder capitalism set to become ‘more and more important,’ says BlackRock’s Fink

CNBC


In the aftermath of the coronavirus pandemic, stakeholder capitalism — or the idea that companies have a greater purpose besides just providing returns for shareholders — is set to become even more important, BlackRock CEO Larry Fink said Friday.…

Source: Reuters

BlackRock cast tougher climate votes, environmentalists want more

Reuters


BOSTON – BlackRock Inc (BLK.N) released figures showing it took a tougher stance on climate matters in the springtime proxy season, though it drew criticism from environmentalists claiming the top asset manager failed to back up its …

Source: CNBC

Why the stock market is up even with historic job losses

CNBC


A record number of Americans just lost their job, and yet stocks are moving higher. This seems paradoxical given the economic toll — to say nothing of the emotional toll — on millions of people across the country without

May 8, 2020 - 3:00 pm Capital Markets, Closing Bell Story‎, Economy, Finance
Source: CNBC

Bank of America CEO says clients want to invest in companies ‘doing right by society’

CNBC


Bank of America CEO Brian Moynihan says money will keeping flowing to environment, social and governance funds (ESG) as more investors send the message that they want to own companies with a mission that aligns profits with broader social

Source: Reuters

Finance royalty descend on Saudi forum as Aramco listing looms

Source: Reuters


RIYADH (Reuters) – What a difference a year makes.

There was standing room only in the expansive halls of Riyadh’s Ritz-Carlton hotel on Tuesday as the world’s financial royalty attended Saudi Arabia’s Future Investment Initiative (FII) conference, aimed …

Source: Caliber Midstream

Caliber Midstream Makes North Dakota Acquisition

By Tyler Losier, Energy Reporter, Oil & Gas 360

Caliber Midstream acquires North Dakota assets from American Midstream Partners
Caliber Midstream Holdings L.P., headquartered in Denver, Colorado, has acquired crude oil gathering and transportation assets in McKenzie county, North Dakota

Source: Abu Dhabi National Oil Company

Singapore’s Sovereign Wealth Fund Joins KKR and BlackRock in Abu Dhabi Pipeline Investment

By Tyler Losier, Energy Reporter, Oil & Gas 360

Combined investment in Abu Dhabi National Oil Company’s pipeline project reaches almost $5 billion
Source: Abu Dhabi National Oil Company

Singapore’s sovereign wealth fund, GIC, has entered into an agreement with

Source: Occidental Petroleum

New Board Member Joins Occidental

By Tyler Losier, Energy Reporter, Oil & Gas 360

Former BlackRock director Robert M. Shearer elected to OXY board
Occidental Petroleum (stock ticker: OXY), an international E&P with operations in the U.S., the Middle East and Latin America, has elected

Abu Dhabi National Oil Company (ADNOC) (PRNewsFoto/Abu Dhabi National Oil Company)

KKR, BlackRock Set to Invest in ADNOC Pipeline Unit

From Bloomberg

KKR & Co. and BlackRock Inc. agreed to invest $4 billion in Abu Dhabi’s oil pipelines, securing two decades of guaranteed returns and providing the Middle Eastern energy producer a cash injection to help diversify its economy.

Abu

February 25, 2019 - 3:05 pm Closing Bell Story‎, Energy News, International
Piattaforma in produzione

BlackRock Plans its Largest Ever Alternative Investment Fundraise; It’s for Energy Infrastructure

The needs are just getting bigger: Florian

From Reuters

BlackRock Inc (BLK.N) is planning to raise $3.5 billion for investments in energy infrastructure in what is poised to be its largest alternative investment fund yet, an executive at the world’s …

July 12, 2018 - 12:51 pm Closing Bell Story‎, Energy News, Finance