Bloomberg Pension funds in Denmark have issued a warning to external managers, making clear that they risk being fired if caught engaging in aggressive tax optimisation. The move represents an industry wide measure intended to thwart tax avoidance and live up to the United Nation’s Sustainable Development goals. A total of 11 firms, representing over half of Denmark’s pension assets, ...

Bloomberg Ford Motor Co, LG Corp and Pernod Ricard SA joined the ranks of the top global companies that are best prepared for the effects of climate change. They won the “A” grade last year for how aggressive they are setting and meeting carbon goals, as well as how forthcoming they are about their efforts, according to an analysis by ...

An hour’s drive northwest of here, in the Valley of the Fallen, is a residue of Europe’s past that suggests what the continent’s future would have been if fascism had not been defeated in the previous century. Atop a granite mountain stands an almost 500-foot-tall stone cross, the world’s tallest. An enormous basilica has been hewn deep into the mountain. ...