Wall Street is trying to bottle ESG, but ESG has other ideas. Mutual funds and exchange-traded funds based on environmental, social and governance attributes have gathered a lot of money recently. They took in $51 billion in 2020, $3 billion more than during the previous 11 years combined, according to Morningstar. This year’s flows are even bigger, $56 billion through ...

Bloomberg President Joe Biden began a high-stakes call with Russian President Vladimir Putin, according to reports from Interfax and Tass, seeking to ease tensions that have spiked over Russia’s massing of troops along the border with Ukraine and fears of a possible invasion. Putin and Biden began their video call around 10 am Washington time on Tuesday, according to the ...

Bloomberg Malaysia’s court dismissed former leader Najib Razak’s application to add new evidence in the first of his 1MDB-linked trials, and maintained that the verdict on his appeal would be delivered on Wednesday. Najib was convicted last year of money laundering, corruption and criminal breach of trust over 42 million ringgit ($10 million) of funds belonging to SRC International, a ...