financializer news A weblog highlighting financial topics making news in the international media.

gender diversity: State Street says that looking at proxy votes alone can produce an incomplete measure of an investment manager's dedication to gender equality, according to Market Watch. When State Street rolled out its Gender Diversity Index exchange-traded fund SHE, 0.24%SHE, 0.24% in 2016 SHE, 0.24%the company said it would seek to help address gender inequality in corporate America by offering investors an opportunity to create change with capital and seek a return on gender diversity. But according to a study released Monday by investment research firm Morningstar, State Street's gender diversity fund has voted for only 20% of shareholder resolutions put before it addressing gender and diversity, a record that seems at odds with the investment objective stated in the fund's prospectus, according to Madison Sargis, associate director of quantitative research at Morningstar. Sargis studied the three U.S. funds that have a multiyear record on shareholder proxy votes and which are specifically focused on gender diversity. Examples of such resolutions include requests for boards of directors to publish reports on efforts to bring more diversity to corporate boards, requests for companies to monitor gender pay equity and disclose any gender pay gap, and appeals for boards to include workplace diversity metrics in determining CEO pay. The study found that Glenmede's Women's Leadership Fund GWILX, 0.15% and Pax's Ellevate Fund PXWEX, 0.60% voted for every gender equity resolution put before them, while State Street voted for just two of the ten resolutions put before it, while abstaining from two more. (news.financializer.com). As reported in the news.

carbon footprint: In compliance with Smartrac's Green Tag Program, both companies will jointly develop RFID inlays and tags which are fully sustainable and environmentally friendly, according to The Independent. These new products aim to address businesses that recognize the value and importance of a truly reduced carbon footprint and greatly reduced environmental impact, in a wide number of markets such as smart packaging, supply chain management, retail and more. Related CONTENTSmartrac Launches New RAIN RFID Inlay for Luggage Tagging Smartrac Opens New Office in Irvine, CAFrost & Sullivan Names Smartrac RFID Global Solutions Company of the Year Smartrac Announces Comprehensive Green Tag Program Smartrac at Brand Protection Solutions, Retail-Optimized RAIN RFID Tags ; 04.02.19Smartrac Technology Group and 4E Antenna AB, a Walki Group associated company and a leading producer of paper-based antennas and circuits, announced their technology partnership to further strengthen sustainability in RFID products and applications. Smartrac announced its comprehensive Green Tag Program earlier this year, taking on an obligation to manufacture RFID products that verifiably meet strict criteria regarding the use of recyclable substrates, avoidance of heavy metals, and non-use of chemical etching in the production of aluminum antennas. This results in the complete recycling of aluminum residues, the absence of PET substrate as well as a reduction in adhesive usage, hence a significant carbon footprint reduction. By joining forces with 4E Antenna AB, Smartrac can now produce Green Tags in volume, using paper substrates and aluminum antennas which are made without any chemicals being involved, while maintaining the same performance characteristics as standard RFID tags. (news.financializer.com). As reported in the news.

european commission: Yet, days after the European Council debated that proposal, Italy hosted Chinese President Xi Jinping, and during his visit Rome officially joined the Belt and Road initiative BRI the first Group of Seven member and the largest European government to do so, according to The Japan Times. A split among its members will undercut EU efforts to take a hard line toward China Beijing is already doing its best to foster such divisions. Last month, the European Commission published a plan to reorient European Union's economic relations with China, calling for a tougher, more skeptical policy toward Beijing. The EU-China comprehensive strategic partnership includes an annual summit, regular ministerial meetings and over 60 sectoral dialogues. Trade between the two topped 360 billion and China enjoyed a trade surplus in goods of 200.4 billion in 2017. ; That deficit alarms European businesses, who have joined the international chorus accusing Beijing of unfair trade practices. The defining feature of this relationship is its economic dimension China is the EU's second-biggest trading partner behind the United States and the EU is China's biggest trading partner. (news.financializer.com). As reported in the news.

gr ie: Boston Tea Party and AMT Coffee are just two of the companies implementing measures to encourage customers to use less plastic in the last few months, and major chains have been offering a discount to those who bring in reusable cups for years, according to The Independent. ISOCountry Groups euro at be cy ee fi fr de gr ie it lv lt lu mc mt nl pt sk si sm es va uk gb us us variants 1 33.4, 2 33.3, 3 33.3 We'll tell you what's true. Hence many of us are looking for ways to tweak our daily routines in order to reduce our plastic usage, and a number of UK coffee chains are aiding the transition. You can form your own view. Subscribe now Such measures are now more necessary than ever before, with a report from the Environmental Audit Committee last year stating that the UK throws away 2.5 billion disposable coffee cups every year, and less than one per cent of those are recycled. From 15p 0.18 0.18 USD 0.27 a day, more exclusives, analysis and extras. (news.financializer.com). As reported in the news.

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Related 'The Walking Dead' Season Finale Ratings Drop To Lowest Ever; Up From Last Week However, even though the Rupert Murdoch owned outlet was the clear winner in total day, primetime and overall for the month of March, there was a dent in FNC's armor. Krux function var var ; window. Amidst partisan political roller coasters galore including the conclusion of Robert Mueller's investigation into seemingly unfounded Trump collusion with Russia in the 2016 election, The Rachel Maddow Show delivered a bit of a slap to 9 PM rival Sean Hannity and his nighty offering. While number 1 to Sean's rare 2 spot over the quarter, it is worth noting that since the March 22 handing over to the DOJ of former FBI Director's nearly 400-page still secret report, Maddow has seen her ratings go down and Trump pal Hannity rebound. Though MSNBC was in a solid second place in almost all categories, Maddow flipped the results of 1Q'18 to draw 549,000 viewers on average in the 25-54 demo for the first quarter of 2019 compared to Hannity's 547,000. (news.financializer.com). As reported in the news.

deputy editor: Before that, he was Deputy Editor of The Local France in Paris, according to MSNBC. He has a BA in philosophy from the University of Scranton and an MA in political science from Villanova University in ; // Rumble include // todo - Find another way to implement this that doesn't require it to be inline !function r, u, m, b, l, e r. He ran Fact Check on The Journal.ie - the Republic of Ireland's first dedicated fact-checking service - from 2016 to 2017, and worked as a reporter for The Journal.ie from 2014. Rumble b, r b r b function r b . r b . .push arguments if r b . .length 1 l u.create Element m e l.async 1, l.src arguments 1 .video '.' arguments 1 .video '' '/ url ' '&args ' e window, document, 'script', 'Rumble' Did Congress Pass the 22nd Amendment in Order to 'Make Sure FDR Did Not Get Re-Elected' / algolia freestar freestar ;freestar.hit Time freestar.queue ;freestar.config freestar.config ;freestar.debug -1 false Support Snopes Submit a Topic What's New Hot 50Fact UsRandomizer Support Us ; Fact Check Politics Did Congress Pass the 22nd Amendment in Order to Make Sure FDR Did Not Get Re-Elected' Critics seized upon remarks made by Democrat U.S. Rep. Dan Mac Guill Published 2 April 2019Image via Getty Images Misinformation is a real threat. Alexandria Ocasio-Cortez during an appearance on MSNBC in March 2019. (news.financializer.com). As reported in the news.

figure: With billions being spread out across all states and territories, the spend also focuses in on a 4bn fund to relieve urban congestion, including funds to build commuter car parks near railway stations, according to The Guardian. Australia budget 2019 Morrison splashes the cash in final election sell to the suburbs Read more But the headline 100bn figure is projected over 10 years, with around just 42bn to be spent over the next four years. In his first budget, Josh Frydenberg said a strong economy depended on investment not only on roads and rail projects but bridges, dams and ports. Of that 10-year total, 13.5bn is drawn from off budget equity loans and 4.1bn from contingent liabilities. It gives the Coalition the capacity to address targeted regional and local issues across the country as they head straight into an election campaign. The 100bn fund provides a massive amount of infrastructure spending up 25bn on the amount rolling out in television advertising. (news.financializer.com). As reported in the news.

sbs: The federal budget shows the ABC will receive 3.2 billion in the period, while the SBS will receive 851.8 million, according to Nine News Australia. The ABC will receive a little more in 2019/20 than it did the year before, with a funding increase from 1.05 billion to 1.06 billion. To improve your experience update it here News National Public broadcasters get 4 billion By AAP7 32pm Apr 2, public broadcasters will get more than 4 billion in funding over the three years from 2019. That comes as funding for the broadcaster from other sources is expected to drop a little between the years. The funding over three years for the ABC will include 43.7 million to continue enhanced local coverage of news and current affairs, especially in regional areas. Staffing levels are expected to remain the same at 4180. (news.financializer.com). As reported in the news.

government: For the first time in 12 years, our nation is again paying its own way, according to The Guardian. We have made real progress, but we know the job is not done. Tonight, I announce that the budget is back in the black and Australia is back on track. Australia is stronger than it was when we came to government six years ago. Unemployment is lower. The rosy forecasts in Frydenberg's budget and the big assumptions behind them Read more Growth is higher. (news.financializer.com). As reported in the news.

manufacturing sector: Data out Tuesday on durable-goods orders, however, helped temper optimism, after the Commerce Department said they fell 1.6% in the month of February, while a key gauge of business investment also fell by 0.1%, the third decline in four months, according to Market Watch. Investors also kept an eye on the Treasury market. What's drove the market Investors took a bit of a breather Tuesday, after a Monday rally that saw the Dow rally 301 points, or 1.2%, while the S&P 500 rose 1.1% and the Nasdaq COMP, 0.60% gained 1.2%. Stocks got off to a strong start after a purchasing index reading for China pointed to the first expansion in activity in the country's manufacturing sector in four months, which was followed by a stronger-than-expected reading for the Institute for Supply Management's U.S. manufacturing index. A closely watched measure of the yield curve the spread between the yield on the 10-year Treasury note TMUBMUSD10Y, -0.60% and the 3-month Treasury bill TMUBMUSD03M, -0.22% turned negative, or inverted, on March 22. Read Why the world's biggest bond investor is dismissing the yield curve's recession warning After rising for three consecutive sessions, Treasury yields retreated 1.8 basis points to 2.478%, as investors worried about rising uncertainty surrounding Britain's planned exit from the European Union. Such an inversion is viewed as a reliable warning of a potential recession a year or more in the future. (news.financializer.com). As reported in the news.

monday: It rose 24.17 points Monday, according to The Japan Times. The market surged at the outset after the stronger than expected Institute for Supply Management manufacturing index for March helped lift the Dow Jones Industrial Average to a six-month high Monday, brokers said. The Nikkei 225 average closed down 3.72 points, or 0.02 percent, at 21,505.31 after surging 303.22 points Monday. ; The Topix, which overs all first-section issues on the Tokyo Stock Exchange, was off 4.12 points, or 0.25 percent, at 1,611.69. The yen's weakening against the dollar and rises in European equities also contributed to the early morning jump. Given the Nikkei's 475-point advance in the two successive rallies, investors moved to sell for now, said Yoshihiko Tabei, chief analyst at Naito Securities Co. After the initial round of buying ended, however, profit-taking pressure gradually built up while fresh buying incentives were absent, brokers said. (news.financializer.com). As reported in the news.

november arrest: Nissan previously found that its own regional subsidiary made questionable payments of more than 30 million to SBA. But the information sent to French prosecutors shows that much of the cash was then channeled to a Lebanese company controlled by Ghosn associates, the sources said, according to The Japan Times. The total sum paid by Renault is in the double-digit millions of dollars, one source said. This follows an internal investigation by the French carmaker after Ghosn's November arrest in Tokyo for suspected financial misconduct at alliance partner Nissan Motor Co. ; Renault has established it paid out millions of euros described as dealer incentives to Omani distributor Suhail Bahwan Automobiles SBA over five years from around 2011, said the sources, who were briefed on the findings. We categorically deny the allegations of potential embezzlement in Oman, said Ghosn's French lawyer, Jean-Yves Le Borgnet. Responding last month to earlier reports about the Nissan payments via SBA, a Ghosn family spokesman said The dealer incentive payments were directed by regional heads, not the CEO, and rewarded top performing dealers around the world. Renault spokesman Frederic Texier declined to comment, while the French financial prosecutor's office did not respond to requests for comment and SBA could not be reached. (news.financializer.com). As reported in the news.

p spx: U.S. stocks' strength in April has been especially apparent in the current bull market, Ryan Detrick, senior market strategist for LPL financial wrote in a Monday research note, according to Market Watch. The Dow Jones Industrial Average DJIA, 0.15% has closed up in April for the last 13 years, while the S&P 500 has closed up in April for 12 out of the past 13 years. Since 1999, the S&P 500 SPX, 0.21% has risen 1.7% on average during the month of April, according to LPL Financial. LPL Financial Caption outside of wrapper for normal article images It is hard to say what has caused positive seasonality at this point in the year, Detrick wrote. Bullish analysts said there is reason to be hopeful that stocks will perform well in more than just April, given the S&P 500's 13.1% rise in the first quarter, its best quarterly performance in nearly 10 years. Investors could be heaving a sigh of relief after a typically volatile first quarter, managers could be squaring up portfolios at the start of a new quarter, or the advent of spring and warmer weather could just lighten up everybody's moods. (news.financializer.com). As reported in the news.

refugee crisis: Now, they're girding themselves for a more uncertain and prolonged contest, according to The Independent. President Nicol s Maduro, a pariah in the eyes of much of the Western hemisphere, looks no closer to exiting the presidential palace in Caracas. Maxim Shemetov/Reuters A couple of months ago, leading officials in the Trump administration confidently spoke of the imminent collapse of the Venezuelan regime. The country's influential military is mostly still in his camp and his grip on power remains intact, no matter the catastrophic economic crisis hollowing out his country and fueling an unprecedented hemispheric refugee crisis. So far, the Kremlin hasn't disappointed him. While more than 50 nations may recognize opposition leader Juan Guaid as Venezuela's interim president, Maduro is counting on the continued support of friendlier governments, including China, Turkey and, especially, Russia. (news.financializer.com). As reported in the news.

jeffrey pope: In a secret recorded conversation, Nicola Gobbo told investigators one of her police lovers had been Jeffrey Pope, according to Nine News Australia. Her handler as an informant in 1999 before climbing to Assistant Commissioner in 2009, Mr Pope sat on the steering committee that oversaw the use of her information. To improve your experience update it police officer reveals intimate history with Lawyer XBy 9News Staff5 32pm Apr 2, 2019Facebook Tweet MailA former Assistant Commissioner has denied having sex with gangland barrister come supergrass Nicola Gobbo, as details of her unravelled in a Royal Commission. Late October 2011 she Gobbo made an allegation that for a number of months she had a sexual relationship with you on and off. Yes, Mr Pope replied. You understand that Asked QC Christopher Winneke. (news.financializer.com). As reported in the news.

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money: Treasurer Josh Frydenberg is funnelling almost 4 billion worth of unspent dollars from the Rudd-era education investment fund into a re-badged emergency response account, according to Nine News Australia. Mr Frydenberg proposes to withdraw up to 150 million each year following a significant disaster, when the government believes there is a need for money above and beyond its normal response programs. To improve your experience update it here News National Farmers given drought and disaster relief By AAP9 57pm Apr 2, communities bracing for catastrophic natural disasters will soon have access to billions more dollars in recovery funding, with drought and flood-ravaged farmers also given extra support. He has also set aside almost 30 million over four years to bolster agricultural exports to key markets. Another 5 million will be spent on minimising the impact of non-tariff trade barriers. The package includes 11.4 million to improve market access for horticultural exports, in large part by addressing pests, diseases and import risks. (news.financializer.com). As reported in the news.

registration counter: The registration counter will be opened at 12.30pm for the media to obtain their respective passes, she said when contacted by reporters, here today, according to Asahi Shimbun. She said the video room will be located at Criminal Sessions Court 2 and only one representative from one news agency is allowed to enter the room. An officer managing media registration said 30 red passes are for local and foreign journalists to attend the proceeding at the open court, 20 orange passes are for proceeding in the video-link room and 50 blue passes are for photographers and cameramen at the lobby of the Court Complex. Nonetheless, if there are too many journalists, we will consider adding another video display room with 20 more passes, she said.A total of 16 local media journalists are allowed to enter the court itself and they comprised Bernama, RTM, TV3, Astro Awani, a representative from NSTP Group and Utusan Melayu, Sinar Harian, The Star, Oriental Daily, China Press, Malay Mail, Malaysiakini, Free Malaysia Today, Malaysia Gazette, The Edge and The Malaysian Insight. The case will be heard before High Court Judge Mohd Nazlan Mohd Ghazali on level five and three witnesses comprising government and bank officers will be giving their statements. Apart from that, 14 journalists from international media are AFP, AP, CNN, BBC, Reuters, Bloomberg, Asahi Shimbun, Nikkei, Dow Jones Newstimes, Fairfax Media, The Financial Times, The Guardian, Al-Jazeera and Kyodo News. (news.financializer.com). As reported in the news.

scott morrison: Labor's climate spokesman, Mark Butler, has accused Scott Morrison of already cutting the main policy to deliver his weak 2030 pollution reduction targets while the Greens attacked the Coalition for spending just 189m over the first four years, according to The Guardian. The 2bn relaunch of the Abbott-era emissions reduction fund was part of the Morrison government's effort to bolster its environmental credentials in the face of rising community concern about the impact of climate change and challenges from independent candidates targeting the Liberal party on its climate record. The decision, revealed in Tuesday's budget, effectively cuts the amount spent per year from 200m to 133m over the life of the fund, which pays polluters to implement greenhouse gas abatement projects. Labor's climate change policy explained here's what we know Read more In February the prime minister's office briefed journalists, including Guardian Australia, that 2bn would be invested over 10 years in the climate fund to build on the ERF's record of reducing emissions by 193m tonnes. But in the budget papers released on Tuesday, the climate solutions fund is allocated 2bn over 15 years from 2019-20, including 189m over four years. On 25 February Scott Morrison told Sky News the Emissions Reduction Fund was a 2bn investment over the next 10 years a comment he repeated in a speech the f0llowing day. (news.financializer.com). As reported in the news.

calendar year: Commodities, while up year-to-date, on average remain below their September prices, according to Market Watch. Read Stock market at crossroads after strongest quarterly rise in a decade The S&P 500 SPX, 0.00% rose 13.1% in the first quarter, its strongest performance over the first three months of a calendar year since 1998 and its strongest quarterly rise overall since 2009. Comparing major equity indices, emerging markets were the only ones to fully recover the losses of the fourth quarter 2018, they said. performance exceeds the previous losses, too. The Dow Jones Industrial Average DJIA, -0.30% posted an 11.2% rise over the same period, its strongest quarterly gain in six years. The S&P 500 ended Friday 3.3% below its all-time closing high of 2,930.75 set on Sept. 20. Stocks fell sharply in the final three months of 2018, with the S&P 500 logging a 14% quarterly fall. (news.financializer.com). As reported in the news.

challenges pakistani: The project may encounter challenges, which would be normal for a multi-billion-dollar project such as the CPEC. The key issue is that the two countries must have the desire and ability to resolve such challenges, according to Global Times China. Pakistani Prime Minister Imran Khan is expected to visit China in April, according to media reports. Practical investigation is needed before any conclusion is reached. The upcoming visit provides a good opportunity to resolve challenges through coordination. It seems Islamabad has a clear intention to make Gwadar port a regional logistics hub with China's help, as it speeds up the development of an industrial zone near the port and an international airport that can cater to the world's largest passenger planes. It is unlikely that China will change its supportive attitude toward projects under the CPEC, including the construction of the China-funded new international airport in Pakistan's Gwadar port. (news.financializer.com). As reported in the news.

china-new zealand: The two sides agreed to continuously enrich the China-New Zealand comprehensive strategic partnership based on the principles of mutual trust and mutual benefit, Xinhua said, according to Global Times China. China and New Zealand must trust each other and enhance mutual understanding if the two want to forge new opportunities, Xi said. Photo Xinhua China and New Zealand should strive to provide a fair, transparent and convenient environment for companies from both countries, and China is willing to support competitive companies to invest in New Zealand, Chinese President Xi Jinping said at a meeting with New Zealand Prime Minister Jacinda Ardern on Monday, during the latter's visit to China, the Xinhua News Agency reported. Xi sent sincere condolences to Ardern over the Christchurch mosque terrorist attack, saying that Ardern's visit during this time shows that she and the New Zealand government attach great importance to the bilateral relationship. Li hailed the economic relationship between China and New Zealand, saying it is at the forefront of cooperation between China and Western countries. Chinese Premier Li Keqiang also met with Ardern on Monday. (news.financializer.com). As reported in the news.

assembly: The Senate wrapped up around 3 20 a.m., while the more-deliberative Assembly was still going strong as of 7 a.m. partly due to a three-hour recess that ended just shy of midnight in order to allow the Republican minority to read the final bills, according to MSNBC. Proponents of good government, transparency, or regular order frequently decry Albany's long-standing penchant for brokering major legislation behind closed door and presenting lawmakers with hundreds of pages of legislative text just hours before a vote. Facebook Twitter Email Print Budget crosses finish line MTA memoryholes L train review Senate confirms Foye as MTA chairman By NICK NIEDZWIADEK and LAURA NAHMIAS 04/01/2019 07 25 AM EDTPresented by rsted While most of you were sleeping, the Legislature worked through the night to pass the cadre of bills that comprise the 177.5 billion state budget. This year's budget had all that and more. But lawmakers also learned they would have to vote on a joint resolution to increase Gov. The state Senate confirmed Pat Foye as chairman and CEO of the Metropolitan Transportation Authority, a nomination that only surfaced on Friday and was put on the schedule Sunday. (news.financializer.com). As reported in the news.

attorney: That should worry Trump. attorney general is one of the most powerful in the nation, according to MSNBC. That should worry Trump. That should worry attorney general is one of the most powerful in the nation. York State Attorney General Letitia James takes her oath of office on Ellis Island on Jan. 1, General Letitia James has broad power to probe and possibly prosecute Trump and his business for potential (news.financializer.com). As reported in the news.

budget: National inquiry into post-secondary education first since 1974 Summit on indigenous children safety Start work on Gladstone port access road Related Articles Federal Budget 2019 Federal Budget 2019 Victorian Treasurer calls Melbourne to Geelong fast rail spend 'a fantasy'May to meet Corbyn over Brexit stalemate Socialist Senator Doug Cameron bows out Consultation on an indigenous voice to parliament--FIRST TERM National vote on an Australian head of state Special budget allocation for Western Australia--OVERALL National integrity commission Climate policy includes 50 per cent renewable energy target by 2030 NBN service guarantee to better protect consumers and businesses Restore funding to the ABC More federal police overseas to crack down on people smuggling Political donation reform Extra 14 billion for public schools over a decade Two-year national preschool and kindy program Scrap up front fees for skill-shortage TAFE courses New Environmental Protection Agency Rebuild foreign aid budget Cap on private health insurance price increases 10-year affordable housing plan Limit future negative gearing concessions to new housing and reduce the CGT discount from 50 per cent to 25 per cent, according to Nine News Australia. Indigenous recognition action plan and Stolen Generations compensation scheme Fair Work Commission to consider 'living wage' Abolish Australian Building and Construction Commission National rail plan Close cash refunds for excess dividend imputation credits Future Asia strategy including language training and trade policy-- Source ALP policy documents pre-April 1 AAP 2019Continue reading PoliticsCONTACT USSend your photos, videos and stories to 9News News How Hugh Jackman's property path went from two-bedder to trophy homes - domain.au set Timeout function if !window. To improve your experience update it here News National Labor lays out plan for government By AAP2 01pm Apr 1, WOULD A LABOR GOVERNMENT DELIVER --FIRST 100 DAYS Reverse cut to Sunday penalty rates for 700,000 workers and legislate so penalty rates can never be arbitrarily reduced again. PLISTA window. PLISTA publickey item lays out plan for ; function var 2000 ; Top Stories Phone feature can outsmart annoying spam calls from unknown numbers4000-year-old tomb uncovered in Egypt Building manager spied on residents taking showers2 hours ago Mother of Bali crash victim pleads for young tourists to take carean hour ago (news.financializer.com). As reported in the news.

fashion: Britain's continuing descent into a deep pit was all over his morning's business and economic news, according to The Independent. Take the Markit/CIPS survey of manufacturing as your starter for ten. No such luck. It was up at 55.1, against 52.1 the previous month, with anything above 50 constituting an expansion. Trouble is, it was driven by manufacturers racing to complete orders and stockpiling like it's going out of fashion. That ought to be good news. (news.financializer.com). As reported in the news.