UK watchdog secures changes from Asos, Boohoo, Asda on green claims; Xi Jinping meets US CEOs – business live

Regulator acts after identifying concerns of possible greenwashing during review of fashion sectorSweden’s Riksbank, the oldest central bank in the world, kept its benchmark interest rate at 4% today, but said a cut could come as soon as May.The central bank said:The executive board wants further confirmation that inflation will stabilise close to the target.If the inflation prospects remain favourable, the policy rate may well be cut in May or June.The board acknowledges the strategic merits and potential for value creation through a combination with International Paper. Accordingly, the board is progressing its discussions with International Paper regarding the proposal. Continue reading...

Mar 27, 2024 - 15:30
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UK watchdog secures changes from Asos, Boohoo, Asda on green claims; Xi Jinping meets US CEOs – business live

Regulator acts after identifying concerns of possible greenwashing during review of fashion sector

Sweden’s Riksbank, the oldest central bank in the world, kept its benchmark interest rate at 4% today, but said a cut could come as soon as May.

The central bank said:

The executive board wants further confirmation that inflation will stabilise close to the target.

If the inflation prospects remain favourable, the policy rate may well be cut in May or June.

The board acknowledges the strategic merits and potential for value creation through a combination with International Paper. Accordingly, the board is progressing its discussions with International Paper regarding the proposal. Continue reading...

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