Is Facebook’s Libra currency a case of corporate megalomania? | Nils Pratley

The planned cryptocurrency has big questions to answer, not least on transparency and trust What is Facebook’s new Libra digital currency? A way to stop money-transfer companies exploiting the world’s poor by skimming off vast fees in cross-border tran…

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Council staff pensions at risk from Woodford investments

Three Welsh local authorities have put in up to £10m in sister scheme hit by suspension of flagship fundCouncil workers have been left exposed to the underperformance of Neil Woodford’s stock market-listed fund, with a £10m investment by council pensio…

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Philip Green’s Topshop rescue deal still stands a chance | Nils Pratley

Intu may just say no to Arcadia’s CVA rent cuts but other waverers may fall into lineWe wait to see if, when push comes to shove, the holdout landlords really will vote against Arcadia’s demand for rent cuts for a second time. Intu is determined to say…

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World’s biggest investor accused of dragging feet on climate crisis

BlackRock, which controls $6.5tn in assets, urged to use its influence on planet’s biggest pollutersWhen a letter from BlackRock’s founder and chief executive, Larry Fink, landed in inboxes in January saying that the world’s biggest investor would no l…

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