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China's sustainability funds have tripled since launch of 'dual carbon goals', but concerns over disclosure requirements, investor education remain: Morningstar

The number of sustainability funds has tripled since the world’s largest emitter of greenhouse gases pledged to peak emissions by 2030 and reach carbon neutrality by 2060, with local asset managers seizing opportunities arising from the green transition, Morningstar says. ....

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Macy's forecasts annual sales below estimates, says it will close 150 stores through 2026

The store closures are part of Macy’s new turnaround plan as the retailer also looks to monetize $600-million-$750-million of assets over the next three years ....

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