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A former Abu Dhabi investing official thinks ethics are going to play a bigger role in market decisions

A former Abu Dhabi investing official thinks ethics are going to play a bigger role in market decisions

Finance
Investors will soon apply environmental, social and governance standards to global governments as the role of ethics grows in the investing world, according to Paul O'Brien, the former deputy CIO of the Abu Dhabi Investment Authority, which manages more than $ 700 billion in assets. "People [are] taking a more ethical approach to their investing. That has been more tied to environmental issues, primarily in Europe and the United States," O'Brien told CNBC on the sidelines of the Ned Davis Research conference earlier this month. "But, really, ethics applies to countries, too." One example of this was seen earlier this year. Pharo Management, a U...
Ecuador orders arrest of former foreign minister

Ecuador orders arrest of former foreign minister

World
An Ecuadorian judge has ordered the arrest of a former foreign minister, highlighting political tensions in the country that evicted WikiLeaks founder Julian Assange from the countrys London embassy. Ricardo Patiño said in a video message on social media that hes being wrongfully pursued for calling for peaceful protests against President Lenin Moreno. Patiño said in the message released on Thursday that he had left Ecuador legally and was in another territory, but did not provide any further details about his location. He spoke in a room with a bare wall behind him. Some media reports say Patiño went to Peru and then flew to Mexico. Ecuadorian prosecutors said Patiño left Ecuador by crossing a land border on Wednesday night after a judge denied their request for an arrest order. They sai
Los Angeles Kings hire former Oilers, Sharks head coach Todd McLellan

Los Angeles Kings hire former Oilers, Sharks head coach Todd McLellan

Sports
April 16 (UPI) -- The Los Angeles Kings agreed to terms with Todd McLellan on a multiyear contract to become the franchise's next head coach, the team announced Tuesday. Sources told the Athletic that McLellan will receive a five-year contract worth about $ 5 million annually. He was also linked to the head coaching job with the Buffalo Sabres before joining the Kings. McLellan replaces Willie Desjardins, who served as the Kings' interim coach last season. Desjardins wasn't retained by the team after the Kings slumped to the league's second-worst record. The Edmonton Oilers fired McLellan in November after a 9-10-1 start to the season. He previously led the Oilers to their first 100-point season since 1987 and their only playoff appearance since 2006. He coached the Oilers since the 2015...
Former Manchester United midfielder Nicky Butt arrested on suspicion of assault after alleged domestic incident

Former Manchester United midfielder Nicky Butt arrested on suspicion of assault after alleged domestic incident

Sports
ARREST The current head of the Red Devils academy was held by police at 2pm on Tuesday, according to reports Nicky Butt has been arrested on suspicion of assault. The former Manchester United midfielder was held by police at 2pm on Tuesday following reports a woman has been assaulted. Butt, who is now the head of the Red Devils academy, was reportedly held in custody into the evening and was due to be interviewed during United’s Champions League game with Barcelona. Nicky Butt has been arrested on suspicion of assault According to the Daily Mail, the woman sustained a small cut to her hand and did not require hospital treatment. A spokesman for Greater Manchester Police said: ‘Police were called at around 2pm on Tuesday 16 April
Reports: Human remains found at former Mouseketeer Dennis Day’s home

Reports: Human remains found at former Mouseketeer Dennis Day’s home

Entertainment
April 7 (UPI) -- Human remains have been discovered at the Phoenix, Ore., home of 1950s child star Dennis Day in the original Mickey Mouse Club show. The Oregon State Police said the body has not been identified and the investigation is ongoing. The Medford Mail Tribune reported the house belonged to Day, 76. Day appeared in two seasons of the show from 1955-57, joining actress Annette Funicello. He was one of 10 club members retained for the second season of the show created by Walt Disney, according to originalmmc.com. KDRV-TV said Day shares the home with his husband, Ernest "Ernie" Caswell. Caswell, who suffers from memory loss, reported Day missing in July, Oregon Live said. Caswell reportedly was in the hospital at the time. Let's block ads! (Why?) Entertai...