About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Short-sellers are stacking up to bet against troubled German bank Deutsche Pfandbriefbank (PBB) over worries about its exposure to US commercial property. Almost 8% of the company’s shares were being shorted, according to the Federal Gazette. Last week, PBB Issued a statement reassuring investors about its final position after one of its main shareholders cut its holding. Morgan Stanley (NYSE:MS) also advised clients to reduce holdings in the bank's bonds due to its US exposure. PBB has become a pinch point ...

About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Barclays PLC (LSE:BARC) has committed to ending financing for new oil and gas projects and said it will reign in spending on firms involved in expanding fossil fuel production. New finance for upstream oil and gas projects and related infrastructure will cease immediately, Barclays said in a statement on Friday. Financing for non-diversified energy firms will be curbed from 2025 if over 10% of their long-term expenditure is set aside for expanding oil and gas production, meanwhile.  “The scale of our busine ...

Chocolate prices are being tipped to soar after cocoa hit a new record overnight due to the impact of the El Nino weather system. Cocoa is the main ingredient in chocolate and the price hit $5,874 (£4,655) a ton on Thursday as a dry harvest hit the harvest in key growing areas in West Africa. US-based chocolate maker Hershey warned yesterday the soaring cost of cocoa would hit its earnings this year while giving no assurances about prices. "We can't talk about future pricing" chief executive Michele Buck sa ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Pfizer Inc (NYSE:PFE, ETR:PFE) had some rare good news in a tough 12 months for the US pharma as a new study suggested that men who take Viagra for erectile dysfunction might have a reduced risk of Alzheimer's disease. Research involving over 260,000 men found that those using drugs like Viagra were 18% less likely to develop the condition, researchers from University College London found. Viagra, originally designed for high blood pressure and angina, acts on a cell-signalling messenger potentially linked ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...