Iberdrola’s €800 Million Hybrid Green Bond Sees Record Demand, Reflecting Strong Investor Confidence

Iberdrola has successfully placed an €800 million hybrid green bond, receiving overwhelming interest with demand 3.75 times oversubscribed, totaling more than €3 billion from over 200 international investors. The bond, which offers a competitive 4.25% coupon, marks the company’s most attractive hybrid issuance in the past three years, reflecting a strong market reception and investor […]

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Global Coalition Pushes for Increased Sustainable Building Finance to Close Green Financing Gap

A new initiative launched by a coalition of prominent green building organizations aims to address the growing financial divide between high-performing sustainable buildings and the broader building stock. The coalition, which includes the UK’s Building Research Establishment (BRE), the Green Building Council of Australia (GBCA), the Singapore Green Building Council (SGBC), the US Green Building […]

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Exploring and Embracing the Future of Finance: Key Insights from the Boston Fed’s 68th Economic Research Conference

The Federal Reserve Bank of Boston’s 68th Economic Research Conference, held this past weekend, delved into the transformative potential of emerging technologies like machine learning, data analysis, and artificial intelligence (AI) on the financial system. Titled The Future of Finance: Implications of Innovation, the conference explored how these innovations are shaping the future of financial […]

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AI Investment Soars: Business Spending on Generative AI Surges 500%, Reaching $13.8 Billion in 2024

In a major signal of AI’s accelerating adoption across industries, business spending on generative AI has surged a staggering 500% this year, climbing from $2.3 billion in 2023 to an impressive $13.8 billion in 2024, according to new data from Menlo Ventures. The explosive growth in AI investment reflects a broader trend of increasing reliance […]

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BNP Paribas Launches $500M Sustainable Forestry Fund to Drive Climate Action and Biodiversity

BNP Paribas Asset Management has launched the BNP Paribas Future Forest Fund, a $500 million sustainable forestry initiative aimed at balancing profitable timber investments with climate resilience and biodiversity preservation. Developed in collaboration with the International Woodland Company (IWC), this fund targets certified sustainable timber assets across key markets, including the U.S., Australia, New Zealand, […]

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ICC And Sage Report Reveals $789 Billion Green Finance Opportunity that Awaits SMEs

The global transition to a sustainable and low-carbon economy is gathering pace, presenting significant opportunities across industries and sectors. One particularly exciting prospect lies within the small and medium-sized enterprise (SME) sector, which, according to a joint report by the International Chamber of Commerce (ICC) and software provider Sage, holds the potential to unlock a […]

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US Government Finalizes $6.6 Billion Incentive Package for TSMC to Boost Semiconductor Manufacturing in Arizona

WASHINGTON, Nov 18 (Reuters) — The U.S. government has finalized an unprecedented $6.6 billion incentive package to support Taiwan Semiconductor Manufacturing Company (TSMC) as part of its plan to build three state-of-the-art semiconductor fabrication facilities in Arizona. The investment package, which includes direct funding, is designed to bolster TSMC’s commitment to spend approximately $65 billion […]

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The Helix Cryptocurrency Mixer Case: Implications for Cryptocurrency Platforms and Crypto Regulation

In a groundbreaking decision that underscores the growing intersection of cryptocurrency and criminal law, Larry Harmon, the operator of the illicit Helix cryptocurrency mixer, was sentenced to three years in prison in 2024 for his role in a large-scale money laundering conspiracy. This sentence marks a significant moment in the evolving legal framework surrounding cryptocurrency […]

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Germany and France Face Budget Deadlocks, Risking Economic Uncertainty in 2025

As both France and Germany, Europe’s two largest economies, grapple with political gridlock over their respective national budgets, the financial stability of the eurozone is hanging in the balance. French lawmakers recently rejected a proposed draft budget for 2025, while Germany enters the new year without a final spending plan. This growing fiscal uncertainty could […]

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FTC Takes Action Against Seek Capital, CEO for Deceptive Business Financing Scheme

The Federal Trade Commission (FTC) has filed a lawsuit against Seek Capital and its CEO Roy Ferman for allegedly operating a deceptive business finance scheme that caused significant financial harm to small business owners. According to the FTC’s complaint, the company’s fraudulent practices have resulted in more than $37 million in damages to small business […]

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