weaken

EU countries are pushing to weaken greenwashing rules

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. A majority of EU countries are pushing to water down new rules to prevent greenwashing, as Brussels comes under increasing pressure from politicians to relax parts of its landmark climate law. The weakening of the … Read more

Pressure is increasing on Beijing to allow the renminbi to weaken

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Market pressure on the People’s Bank of China to allow the renminbi to weaken is mounting as traders bet the yawning gap with U.S. borrowing costs will lead more investors to sell the Chinese currency. … Read more