Bloomberg The European Union (EU) proposed a swathe of new rules to bring the world of finance in line with its ambitious goal to make the region carbon neutral by the middle of the century. The European Commission wants tighter measures on banks and credit rating agencies to better reflect the risks climate change poses to the financial system. The …

Bloomberg China’s top economic planning body has been put in charge of devising a plan for the world’s biggest polluter to cut greenhouse gas emissions, indicating that climate policies are gaining a more central role in the nation’s long-term development strategy. The country’s top officials told the National Development and Reform Commission (NDRC) a few months ago to lead the …

Bloomberg A wave of patriotic buying fuelled by the Xinjiang cotton controversy is helping shares of Chinese sportswear makers outperform global peers. Chinese consumer support in response to the alleged human-rights issues in Xinjiang region has boosted at least one local sneaker maker by some 250% since the controversy escalated in late March. A Bloomberg gauge of Hong Kong-listed apparel …