Florida, Missouri and Louisiana siphon billions from BlackRock over ESG strategy

Blackrock The wealth manager is under pressure to focus more on ESG criteria. (Photo: Reuters) New York In the dispute over the ESG criteria of wealth managers, Florida has announced as another US state that it will withdraw funds from BlackRock. The chief financial officer responsible, Jimmy Patronis, justified the move on Thursday by saying … Read more

Company cars are becoming more expensive for companies

Interior view of a car tower in the Autostadt Wolfsburg VW employees now have to wait longer for a new company car. (Foto: imago images/Sven Simon) Düsseldorf Company cars are increasingly becoming a burden for companies. Supply bottlenecks at manufacturers are delaying the replacement of leasing fleets and the switch to electromobility. The high fuel prices … Read more

Ban plans by the EU Parliament are off the table for the time being

Ban plans by the EU Parliament are off the table for the time being

Bitcoin The higher the price, the more miners compete to mine new coins. (Photo: dpa) Brussels The plans for a ban on the cryptocurrency Bitcoin in the European Parliament are off the table for the time being. In the final draft for the guidelines for the provision of crypto services (MiCA), a passage can no … Read more

Fighting inequality with upcycled art

Fighting inequality with upcycled art

Founder of Faircado Evolena de Wilde and Ali Nezamolmalek want to combine feminism, sustainability and war aid with a new campaign for International Women’s Day. (Photo: Mario Heller) Düsseldorf Climate protection and feminism are topics that have driven Evolena de Wilde since childhood. “I’ve always had this fire in me that I want to protect … Read more

EU wants to increase pressure on Russia – and is targeting crypto assets

EU wants to increase pressure on Russia – and is targeting crypto assets

The US government wants to prevent Russia from being imposed for its invasion of Ukraine Circumventing sanctions using cryptocurrencies such as bitcoin. A government member said that a strategy was being worked on that draws on experiences with Iran and Venezuela. There are also sanctions against these states, which they are trying to circumvent. The … Read more

Digital currencies come under pressure as Bitcoin falls below $40,000

Digital currencies come under pressure as Bitcoin falls below $40,000

The financial regulator Bafin has private investors in mind Risks of investing in crypto assets and investment tips on social media. Enthusiastic reports about Bitcoin, Ether and Co. were circulating there, but there were investments in crypto assets highly speculative and just as risky, the supervisor warned on Monday. There is a risk of total … Read more