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Zelenskiy, BlackRock chief discuss postwar rebuilding

Bloomberg Ukrainian President Volodymyr Zelenskiy said he had discussed the postwar rebuilding effort with BlackRock Chief Executive Officer Larry Fink as his government prepares to participate in the World Economic Forum (WEF) in Davos next month. “Specialists of this company are already helping Ukraine to structure the fund for the reconstruction of our state,” Zelenskiy, who had a video call ...

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Japan election to come before tax hike: Kishida

Bloomberg Japanese Prime Minister Fumio Kishida said he expected the next general election to come before a possible hike in taxes that has met resistance from the public and is intended to fund his unprecedented expansion of defense spending. “We will be asking the people to take on an extra burden starting at an appropriate time between 2024 and 2027,” ...

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BNP defends $20b ESG call as downgrades feed debate

  Bloomberg The asset management arm of BNP Paribas SA said using a different interpretation of “sustainable investment” than some of its peers has allowed it to keep the European Union’s top ESG tag attached to about $20 billion worth of funds. Firms including BlackRock Inc, Amundi SA and Axa Investment Managers have reclassified more than $140 billion of so-called ...

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