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Sustainable investing must go mainstream: Goldman

Bloomberg Banks and other financial firms need to get creative to bring sustainable investments into the mainstream, said David Solomon, Goldman Sachs’s CEO. Conversations with clients about climate exposure have “amped up materially” over the last two years, but sustainable investments like green bonds are still “relatively niche,” Solomon said at the Bloomberg Global Business Forum in New York. Such ...

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Indian central bank denies rumours of bank closures

Bloomberg Indian authorities are scrambling to suppress speculation about bank closures a day after the regulator imposed restrictions on a local lender, the latest indication of how jittery savers are amid a slowing economy and scandals in the financial system. “Reports appearing in some sections of social media about RBI closing down certain commercial banks are false,” the Reserve Bank ...

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This is what makes UAE the land of tolerance

Abu Dhabi / WAM The UAE has been a home to places of worships of many religions for several decades. Christians of various denominations from across the globe, Hindus and Buddhists from South Asia and elsewhere, and believers of many other religions and sects have been practising their faith in this land of tolerance freely and comfortably. As the UAE ...

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