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An ESG Loophole Helps Drive Billions into Gulf Fossil Fuel Giants (archive.is)

Saudi Aramco, the world’s largest oil company, has become an unlikely beneficiary of funds earmarked for sustainable investments thanks to a complex web of financial structures it used to raise money from its pipelines. Aramco doesn’t appear to have set out to tap cash originally intended for environmental, social and good...

Vladimir Putin has created his own worst nightmare (archive.is)

Fifteen months ago, Vladimir Putin’s army was on the outskirts of Kyiv. Now the Russian leader is struggling to maintain control in Moscow. The rebellion of Wagner forces, led by Yevgeny Prigozhin, is the final confirmation of how catastrophically wrong the war in Ukraine has gone for Putin. Even if the Russian leader prevails...

AMD revenues fall 18% to $5.36B as PC market recovers and AI rises (archive.is)

Advanced Micro Devices reported that revenue in its second quarter was $5.36 billion, down 18% from a year earlier as the client PC market continues to climb back during the economic downturn. But investors took the report as good news, as AI-related stocks such as AMD, which makes the processors and graphics processing units...

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