Reports Financial News

Canadians don’t seem as reluctant to return to the office these days, but they still have some beefs about the way their on-site workspaces are set up.

TORONTO — Royal Bank of Canada plans to ramp up its renewable energy funding, even as it also reported little progress on reducing the emissions intensity of its oil and gas financing.

says it has detected benzene, a chemical that causes cancer, in several popular, over-the-counter acne products including those from brands like Clearasil, ProActiv, Walmart and Clinique, among others.Valisure, an independent lab whose discovery of benzene in dry shampoo in 2022 prompted the American Food and Drug Administration (FDA) and Health Canada to issue recalls, reported that its “extensive testing” revealed the same carcinogen can form at high levels in benzoyl peroxide products used to treat acne, and that it found it in products from the brands it tested.Health Canada, the World Health Organization and FDA all state benzene can cause cancer.“High levels of benzene were not only detected inside BPO (benzoyl peroxide) products, but also in the air around incubated BPO products,” Valisure’s report stated, “showing that benzene can leak out of some product packages and pose a potential inhalation risk.”The report also stated that benzene can form “over 800 times” the FDA conditionally restricted concentration limit in products and that “the current evidence suggests that this problem applies broadly to BPO products currently on the market.”The lab detected the benzene levels it says raise concerns in 66 benzoyl peroxide-containing acne treatment products incubated at 50 C for 18 days.

The Securities and Exchange Commission on Wednesday voted 3-2 to issue a final rule that requires certain U.S. companies to disclose their risks related to climate change and how they contribute to a warming planet via greenhouse gas emissions.

In this article

Vinod Khosla, who is the cofounder of Sun Microsystems and the founder of Khosla Ventures, has called out Elon Musk for suing OpenAI. He termed Musk's move «a case of sour grapes». Khosla has been an investor in OpenAI since 2019 when the company became «for profit».

CBI on Wednesday evening got the custody of suspended Trinamool Congress leader Shahjahan Sheikh from CID after a fresh directive by the Calcutta High Court. The court ordered CID to hand over Sheikh, the alleged prime accused in the attack on ED officials in Sandeshkhali on January 5, to CBI by 4:15 pm. However, Sheikh was reportedly taken by the CID team to the state-run hospital SSKM through the backdoor of Bhabani Bhawan (police headquarters), people in the know told ET. CID finally gave official custody of Sheikh to CBI at 7 pm.

Many large public companies will eventually have to report climate-related risks under a final rule passed by the SEC today – but the requirements are significantly more limited than what the agency initially proposed and what climate groups wanted.

Also Read: US sanctions threaten Russian oil sales to India; complicate process for OMCs to secure annual deals: Report Oil has found support in 2024 from rising geopolitical tensions and Houthi attacks on Red Sea shipping, although concern about economic growth has weighed. While OPEC+ was widely expected to keep the cuts in place, Russia's announcement could bolster prices further. -Boost crude oil prices: The oil supply cuts first announced in 2023 as part of an agreement among oil producers to boost prices following economic uncertainty.

Election Commission has asked former Congress president Rahul Gandhi to be more careful in his public utterances in the wake of his ‘panauti’ (bad omen) and ‘pickpocket’ jibes at Prime Minister Narendra Modi, news agency PTI reported on Wednesday citing sources. The report said the election commission also asked the senior Congress leader to follow its recent advisory for star campaigners and political leaders in the right earnest during the election campaign.

₹91,000 crore, is projected to produce 3 billion chips annually, in 28 nanometers (nm), 50nm, 55nm, and 90nm 'nodes', Vaishnaw added. Experts said the move could mark the beginning of India's evolution as a market that not only produces components, but also manufactures indigenous products. “Almost everything is imported today.

Tata Motors’ BA3 ratings with outlook remaining positive, reported new agency PTI. Moody's has also affirmed Tata Motors Ltd's (TML) Ba3 senior unsecured instrument ratings, Moody's Investors Service said in a statement. 'Ba' are judged to have speculative elements and are subject to substantial credit risk with the modifier 3 indicating a ranking in the lower end of that generic rating category, according to Moody's obligations.

demand a law to fix a Minimum Support Price (MSP) for their crops, in addition to other concessions including the waiving of loan. However, farmers suspended their march after violence and clashes between farmers and Delhi police were reported at borders on February 24. Farmers then planned to resume their protest on Wednesday, March 6, urging farmers across India to head for Delhi by bus and train since their tractors had been blocked.

U.S. Bank Wealth Management senior vice president Lisa Erickson looks ahead to this week's retail earnings and Fed Chair Powell's testimony on Capitol Hill.

Canada and the U.S. is set to spring ahead to daylight saving time (DST) this Sunday.

Women face tough financial prospects in retirement.

The Treasury Department says it has sanctioned two people and a Greece-based commercial spyware company headed by a former Israeli military officer that developed and distributed technology used to target U.S. government officials, journalists and poli...

Michael Bloomberg, the former New York City mayor, gave the most to charitable causes last year, followed by Nike co-founder Phil Knight and his wife, Penny, and Michael Dell and his wife, Susan, according to the Chronicle of Philanthropy’s exclusive l...

The Middle East franchisee of Starbucks has begun firing some 2,000 staff at its coffee shops across the region after the brand found itself targeted by activists during the ongoing Israel-Hamas war in the Gaza Strip

A technical issue had caused widespread login issues for more than an hour across Meta’s Facebook, Instagram, Threads and Messenger platforms on Tuesday

A suspected attack by Yemen’s Houthi rebels on a ship in the Gulf of Aden caused “fatalities” Wednesday