Thermal coal has become a byword for the resource industry’s climate crimes. From BlackRock Inc. down, fund managers are reluctant to touch a mineral that releases more carbon dioxide than any other energy source. Large miners, from BHP Group to Anglo American Plc, are trying to dump it. Coal is also — for now at least — profitable. It’s the ...

Bloomberg Looking for the smart money in equities these days? Try taking a peek at your next-door neighbour’s portfolio. A basket of the 50 most-popular stocks among individual investors has rallied 13% this year, compared with an 8.7% gain for a gauge of hedge fund favourites, data compiled by Goldman Sachs Group Inc show. While both exceed the benchmark S&P ...

Bloomberg JPMorgan Chase & Co is broadening its perspective on blockchain technology to show how digital money will change the financial world. The emergence of linked databases like the blockchains that enable Bitcoin and Ether to exist as well as changing consumer preferences has turned the modernisation of payments into a global theme, the New York-based bank said in a ...