The payments giant’s uber-mission of improving “financial inclusion” dovetails neatly with the U.N. sustainable development goals.

“Companies should not ‘cherry pick’ the SDGs they want to focus on while ignoring others that don’t meet their corporate priorities.”

How much capital do we need to make the transition to a circular economy? And where is the capital going to come from?


Reuters

RBS fails Bank of England stress test, must bolster capital
Reuters
A branch of the Royal Bank of Scotland is seen in the City of London, Britain, December 16, 2014. REUTERS/Toby Melville/File Photo. LONDON Royal Bank of Scotland (RBS.L) will have to bolster its capital holdings after it failed this year's stress test
RBS worst hit in Bank of England stress testBBC News
RBS Fails Bank of England Stress TestsTheStreet.com
Bank of England stress tests: RBS fails – business liveThe Guardian
BBC News –Financial Times –City A.M. –Daily Mail
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Reuters

Oil prices rise in nervous trading ahead of OPEC meeting
Reuters
SINGAPORE Oil markets edged up in nervous trading on Wednesday ahead of an OPEC meeting later in the day, with members of the producer cartel trying to thrash out an output cut to curb oversupply that has seen prices more than halve since 2014.
Three Potential Scenarios for Wednesday's OPEC MeetingWall Street Journal (blog)
Oil prices rebound, but many doubtful OPEC can get a deal doneMarketWatch
Deal Or No Deal, OPEC Can't Win In Fight Against American FrackersForbes
CNBC –Business Insider –USA TODAY –Fortune
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Los Angeles Times

WRAPUP 1-Consumers, exports power U.S. third-quarter economic growth
Business Insider
WASHINGTON, Nov 29 (Reuters) – The U.S. economy grew faster than initially thought in the third quarter, notching its best performance in two years, buoyed by strong consumer spending and a surge in soybean exports. Gross domestic product increased at …
Economy in 3rd quarter grows 3.2%Toledo Blade

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Quartz

Kellogg's pulls ads from Breitbart over company 'values'
Business Insider
BATTLE CREEK, Mich. (AP) — Kellogg's has announced that it will no longer advertise on Breitbart.com, the website formerly run by one of President-elect Donald Trump's top aides, Steve Bannon. The food manufacturer decided to discontinue advertising
Website claims 45 million unique visitors a monthLocal 10
Kellogg to Stop Advertising on Breitbart Over Values DifferenceFortune
Kellogg to join others in removing advertising on BreitbartUSA TODAY
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Washington Post

Trump just scored perhaps the biggest victory of his new tenure. But it comes with a huge asterisk.
Washington Post
As news broke that President-elect Donald Trump reached a deal to save nearly 1,000 jobs at an Indianapolis plant on Tuesday evening, factory worker Brian Reed prepared to lose his job of 24 years just a mile away. Reed assembles roller bearings at …
Trump reaches deal with Carrier to keep jobs in IndianaPolitico
Carrier says it has deal with Trump to keep jobs in IndianaFox News
Carrier Corp. announces deal with Trump to keep jobs in IndianaCBS News
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New York Times

Justin Trudeau Approves Oil Pipeline Expansion in Canada
New York Times
A march in Vancouver, British Columbia, this month against the proposed expansion of the Kinder Morgan Trans Mountain project. Prime Minister Justin Trudeau approved the plan on Tuesday. Credit Chris Helgren/Reuters. OTTAWA — In a decision that will …
Canada PM approves controversial pipeline to Pacific CoastWashington Post
Canada approves new pipelines to boost exports, greens ready to fightBusiness Insider
Canadian government rejects pipeline through rainforests of British ColumbiaLos Angeles Times
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Have energy utilities missed the wagon on blockchain technology? Analyst Stuart Ravens weighs in.