BEIJING, Oct. 11, 2024 /PRNewswire/ — Waterdrop Inc. released its Environmental, Social and Governance (ESG) Report 2023 (“the Report”) in October. The Report details Waterdrop Inc.’s efforts in a number of key areas such as corporate governance, technology and innovation, inclusive protection and social responsibility, showcasing its ESG achievements in 2023 to the public. Due to its progress in ESG management, practices and information disclosures in 2023, the ESG rating score jumped to “A”, placing it among the industry leaders for the first time. Over the past year, Waterdrop Inc. has innovated and explored various ESG areas. In terms of…
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Rolls-Royce, while expanding into the SUV and EV markets with models like the Cullinan and Spectre, continues to prioritize its roots in the large luxury sedan segment. The 2025 Rolls-Royce Ghost Series II is a refined version of the second-generation Ghost introduced in 2021. It features subtle design tweaks, more luxurious interior options, and increased customization possibilities. While these updates are more about enhancing the existing model than overhauling it, they align with Rolls-Royce’s focus on fine-tuning its already iconic sedans. Externally, the changes to the 2025 Ghost are subtle but noticeable. The headlights have been slimmed down and given…
Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter Investor. 2024. Stephen R. Foerster, CFA. John Wiley & Sons. In 2021, the Washington Post reported that five-time FIFA world player of the year Cristiano Ronaldo triggered a $4 billion plunge in Coca-Cola’s stock market valuation. He replaced two bottles of Coke with a bottle of water at a press conference held in conjunction with a tournament sponsored by the soft drink maker. As Stephen Foerster, CFA, documents in Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter Investor, however, Coca-Cola’s stock price decline actually preceded Ronaldo’s snub and…
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There was some intriguing news from a Pfizer (NYSE: PFE) shareholder on Thursday that was not taken well by the market. Confirming media reports, an activist investor has taken a small stake in the healthcare giant, and announced itself with a letter to the company’s board. Investors reacted by trading Pfizer stock down by almost 3%; this was a notably steeper fall than the S&P 500 index’s 0.2% dip.Starboard confirms involvementThat activist investor is veteran corporate gadfly Starboard Value, which made its letter public just before market open. In it, Starboard confirmed its status as a Pfizer shareholder and, as…
Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California.After a decade of unfulfilled promises about driverless vehicles, Tesla CEO Elon Musk hyped the company’s Cybercab concept on Thursday night, showing off a low, silver two-seater with no steering wheels or pedals.Rolling up to the stage in a Cybercab almost an hour after the company’s “We, Robot” event was supposed to begin, Musk said the company had 21 of these vehicles, and a total of 50 “autonomous” cars on-location at the Warner Bros. studio in Burbank, California where Tesla hosted its invitation-only event.Musk offered no details about exactly where…
Investing.com– Most Asian currencies firmed slightly on Friday, while the dollar fell from near two-month highs even as hot consumer inflation data furthered bets on a smaller interest rate cut by the Federal Reserve. But most regional currencies were nursing losses in recent sessions as recent U.S. data pointed to interest rates remaining relatively higher for longer. The South Korean won firmed even as the Bank of Korea cut interest rates and flagged more potential reductions, while the Chinese yuan rose with focus squarely on more fiscal stimulus measures from Beijing. Dollar muted as markets weigh hot CPI, high jobless…
China’s Ministry of Finance, pictured here in Beijing in 2021, is refunding taxes and cutting fees to support economic growth.Yan Cong | Bloomberg | Getty ImagesInvestors are on tenterhooks as Beijing prepares to deliver fresh policies over the weekend that could jumpstart its economy.China’s Finance Minister Lan Fo’an is set to hold a press conference at 10 a.m. on Saturday local time on “intensifying” fiscal stimulus policies, the country’s State Council Information Office said.With Beijing at risk of missing its full year economic growth target of 5%, some analysts are confident that authorities are ready to deliver major fiscal stimulus…
Honda has issued a significant recall affecting 1,693,199 vehicles due to a potential issue in the steering rack. The recall includes models such as the Acura Integra and Integra Type S, the Honda CR-V, HR-V, and all variations of the Honda Civic, with affected model years ranging from 2023 to 2025, and the 2022 Civic also included. The recall addresses a problem with the steering gearbox worm wheel, a crucial component in the steering system. According to the National Highway Traffic Safety Administration (NHTSA), the worm wheel in the steering system may have been manufactured improperly, leading to potential swelling…
Image source: Getty Images BAE Systems (LSE:BA.), like other major defence shares, tend to enjoy stable earnings from year to year. It reflects the reliable nature of arms spending which remains unaffected by wider economic conditions. The outlook for these companies has improved significantly since 2022. And for BAE, City analysts expect earnings growth to speed up to double-digit territory beyond this year. If it can hit (or exceed) these bright targets, BAE Systems — whose share price has risen 51% in the past two years — could continue to soar in value. The key question, naturally, is how realistic…