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Can a tobacco company ever be ESG friendly?

Can a tobacco company ever be ESG friendly?
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Elon Musk's Bitcoin turnaround pleases some Tesla investors


Elon Musk s Bitcoin turnaround pleases some Tesla investors
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Last Updated: May 15, 2021, 09:26 AM IST
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Synopsis
The Tesla boss tweets, which had helped drive some of the gains in bitcoin in recent months, this week triggered a 17% slide in the value of the cryptocurrency when he said his company s customers would no longer be able to use bitcoin to buy its cars.
Reuters
Bitcoin is created when high-powered computers compete against other machines to solve complex mathematical puzzles, an energy-intensive process.
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LONDON/BOSTON: Elon Musk s decision to stop accepting bitcoin as payment over environmental concerns has been well-received by some of Tesla Inc s investors, offering a warning to corporate peers mulling a dabble with the cryptocurrency. ....

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ESG Watch: Aviva Investors launches global credit fund; Aegon AM reveals diversity progress


So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
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