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Instagram unveils Threads app, a threat to Musk’s Twitter

BLOOMBERG Meta Platforms Inc’s Instagram officially unveiled Threads, an app designed as a direct rival to Twitter, launching the most serious threat yet to Elon Musk’s struggling social-media site. On Threads, people can post text and links and reply to or repost messages from others. The app will let users port over their existing follower lists and account names from ...

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COP28 chief calls on oil & gas industry to allocate capital to clean energy

VIENNA / WAM COP28 President-Designate, Dr Sultan Al Jaber, on Thursday delivered a speech to the 8th Opec International Seminar, being held this week in Vienna, in which he urged the oil and gas industry to allocate capital at scale to clean energy solutions. The theme of the seminar “Towards a Sustainable and Inclusive Energy Transition” represents “one of the ...

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ADQ, BMO to join GWL as strategic partners of Sagard

MONTREAL / WAM Sagard, a global multi-strategy alternative asset management firm with $14.5 billion under management, on Thursday announced new strategic partnerships with ADQ and Bank of Montreal (BMO). As part of this transaction, Sagard has expanded its existing partnership with Great-West Lifeco (GWL). ADQ and BMO have respectively entered into definitive agreements to acquire minority equity stakes in Sagard, ...

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