Dan Loeb’s Third Point LLC has increased its $750 million stake in the energy giant Shell Plc as the investor seeks to pressure the company to split up its businesses, Reuters reported.
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Australia’s Federal Court has fined a man living in Victoria for illegally purchasing and possessing multiple properties, the first penalty order issued since the enaction of the country’s foreign investor laws. The court ruled that Vijay Balasubramaniyan, a temporary resident, had to pay a total of $250,000 (US$186,000) in fines to the federal government…
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The Chinese government has previously denied any wrongdoing or human rights abuses in Xinjiang…
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The College Investor has released its annual rankings of the best tax software for consumers – with a focus this year on cryptocurrency and NFT tax filing, unemployment compensation, and reconciling the Advance Child Tax Credit. [PR.com…
Read more“THERE IS PERHAPS no bigger ESG opportunity than in ‘Big Oil’, and specifically, at Royal Dutch Shell.” Regarding Shell as an environmental, social and governance investment is the hyper-green explanation offered by Dan Loeb for his move against one of the fossil-fuel industry’s biggest firms. Third Point…
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An investor network whose members have around $40tn of assets under management claims more investors than ever are interested in the theme of protein diversification are and looking to encourage food firms to adopt sustainable proteins as both a grown driver and climate risk mitigation tool…
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A lobbyist in Mark Zuckerberg’s investors’ group is promising cautious legislators in Congress — and conflicted journalists — that an amnesty for millions of illegals will actually raise wages for Americans.
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