- Intesa Sanpaolo will no longer approve loans for coal-fired plants or coal-mining projects.
- Italy's current coalition government aims at phasing out coal-powered projects by 2025.
- The retail bank's new guidelines will not apply to credit line renewals and extension.
Features & analysis
Gold prices could reach $1,900 in May on this chart pattern
After gaining nearly 7% in April, gold prices are consolidating near highs. The price action is forming a bullish pennant chart formation that can extend the current uptrend to $1,900 in the coming weeks. Fundamental analysis: Gold mines to start running soon The COVID-19 outbreak has caused a halt in manufacturing activities across the globe and the gold mines are no different. Still, the world’s largest gold mining company – Newmont...
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