by maximising wealth for their owners, promising efficiency, prosperity and jobs. Governments set taxes and wrote rules but broadly left business alone. Although the gains of the system were not evenly spread
Larry Fink (CEO of BlackRock): "the underlying technology (of crypto) is really useful we don’t need custodians anymore" on Fox Business. Larry Fink is now openly implying that Custodians of finan...
we throw away two billion tons of household waste per year, globally – that’s 60 tons of household waste per second. We also generate 50 million tons of e-waste per year, which is equivalent to throwing away 1,000 laptops every second....
Kegel, CEO of Pepperl+Fuchs, focuses on technology 60 ENERGY STORAGE SYSTEMS High pressure for the lull How a unique power station shapes up for the energy revolution | 26 POWER GRIDS Tantalizingly high voltage Four performance levels – one transformer station. High-tech meets old treasures...
Larry Fink, the CEO of BlackRock, the largest investment firm in the US, has told his investors two years in a row that if they and he don’t focus on responsibility in their strategy, the firm will cease to thrive. CEO after CEO is finding new language to sell purpose and mission, ...
In July 2018, the chief executive officer of BlackRock Inc. told Bloomberg Television that clients of the world’s largest asset manager have zero interest in cryptocurrencies. When asked if he feels the need to be prepared for the day when clients might want exp...
A Tectonic Shift of Capital Is Just Beginning: Insights from Larry Fink Larry Fink, the chairman and CEO of BlackRock, the world’s largest asset manager, explains how the climate crisis is fundamentally reshaping his firm’s approach to investing. Learn More Focus Managing the Next Decade ...
Had Fink moved a decade ago to pull BlackRock’s funds out of companies that contribute to climate change, his clients would have been well served. In the past 10 years, companies in the S&P 500 energy sector had gained just 2% in total. In the same period, the broader S&P 500 nearly...
Those who attended included Tim Cook, CEO of Apple; Larry Fink, CEO of BlackRock; and Stephen Schwarzman, CEO of Blackstone. Xi tried to convey that foreign business was welcome in China, despite the growing challenges of operating there amid a crackdown on companies with Western ties and the...
engagement director at Federated Hermes, was encouraged by how companies had responded to the virus “with one exception — CEO pay”. A survey in mid-April by Semler Brossy, the pay consultant, found that the few companies that had cut executive pay had acted out of necessity: most had ad...