A buyer for British Steel is welcome but what’s Jingye’s strategy? | Nils Pratley

It’s hard to see why the Chinese firm wants to take over a loss-making business in a tough marketHalf the woes for steelmakers in Britain derive from dumping into world markets by Chinese producers, or so we have been told for a couple of decades. So i…

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Legal & General fund boosts stakes in firms it shamed over climate crisis

Exclusive: UK’s biggest fund manager LGIM ploughed extra £285m into firms such as ExxonMobilThe UK’s biggest fund manager has spent nearly £300m this year increasing its shareholdings in companies it named and shamed for dragging their heels on climate…

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Why are we are being herded into buying part of the world’s biggest polluter?

Pension funds will be stuffed with Saudi Aramco shares after the oil giant’s floatation this weekendOn Sunday, the baroque-and-bling Ritz-Carlton in Riyadh (suites a mere £6,500 a night) is expected to host the launch of the biggest privatisation in hi…

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Woodford fallout: full transparency for fund managers is a must

Over in the US, they’ve had full disclosure since 2004 and the system is surely cleanerOne minor consolation for investors in Neil Woodford’s funds is that the fallen manager shares their pain. After all, didn’t he say on many occasions, from launch in…

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