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US market rebound aids BlackRock's third quarter performance as investors return

Finance

13 October, 2023

US market rebound aids BlackRock's third quarter performance as investors return

BlackRock handily beat third-quarter profit estimates on Friday but posted a sharp drop in net inflows, sending shares of the ......

 After BlackRock, US investor Vanguard cuts support for shareholders' ESG agendas

General

29 August, 2023

After BlackRock, US investor Vanguard cuts support for shareholders' ESG agendas

Vanguard supported just 2% of shareholder resolutions on environmental and social issues at U.S. companies this year, down from 12% ......

BlackRock's support for ESG themes declines further

General

23 August, 2023

BlackRock's support for ESG themes declines further

Top asset manager BlackRock on Wednesday reported a further decline in its support for shareholder resolutions on environmental and social ......

Byju's 'regularly disregarded' former director's advice, says Prosus

TMT

25 July, 2023

Byju's 'regularly disregarded' former director's advice, says Prosus

Prosus NV, an investor in Indian educational technology startup Byju's, said on Tuesday the company's management "regularly disregarded advice" despite ......

Asia's private credit markets thrive as desperate borrowers find lenders

Finance

21 July, 2023

Asia's private credit markets thrive as desperate borrowers find lenders

When global commercial real estate services firm JLL found public debt and loan markets were averse to funding a property ......

BlackRock floats fund for 'greening of materials' sector

Infrastructure

13 June, 2023

BlackRock floats fund for 'greening of materials' sector

BlackRock on Tuesday launched the "Brown to Green Materials Fund" targeting undervalued carbon-intensive companies that produce the raw materials and ......

BlackRock eyeing fourth global renewable power fund

Infrastructure

08 June, 2023

BlackRock eyeing fourth global renewable power fund

The world's biggest asset manager BlackRock said it hopes to raise up to $7 billion for its fourth Global Renewable ......

Premium
BlackRock cuts Byju's valuation as another investor marks it up

TMT

30 May, 2023

BlackRock cuts Byju's valuation as another investor marks it up

BlackRock Inc., the world’s largest asset manager, has marked down the value of its stake in Byju’s but another public ......

BlackRock promotes Italy head to chief of southern Europe

People

23 May, 2023

BlackRock promotes Italy head to chief of southern Europe

BlackRock, the world's biggest asset manager, has named Giovanni Sandri, its current head of Italy, as head of southern Europe, ......

ED searches Byju's premises under anti-money laundering law

TMT

29 April, 2023

ED searches Byju's premises under anti-money laundering law

The Enforcement Directorate (ED), a financial crime-fighting agency, said Saturday it conducted searches at three of edtech company Byju's premises ......