Proposed addition to notable bank building will get Rochester City Council review

Capital Ventures LLC, which is managed by Rochester Realtor Melissa Niichel, has appealed a decision by Rochester’s Heritage Preservation Commission, which put conditions on proposed plans. “The developer appeals HPC’s conditional approval and requests the council approve the project for the ‘certificate of appropriateness’ pilot program,’ so long as the […]

OVERNIGHT ENERGY: House Democrats push Biden to pick Haaland as next Interior secretary | Trump administration proposal takes aim at bank pledges to avoid fossil fuel financing | Wasserman Schultz pitches climate plan in race to chair Appropriations

TGIF! Welcome to Overnight Energy, The Hill’s roundup of the latest energy and environment news. Please send tips and comments to Rebecca Beitsch at [email protected] Follow her on Twitter: @rebeccabeitsch. Reach Rachel Frazin at [email protected] or follow her on Twitter: @RachelFrazin. Signup for our newsletter and others HERE.   MOMENTUM FOR […]

China’s piggy bank, the National Social Security Fund, set to be among Ant Group’s top IPO investors

Ant Group is making room for China’s state pension fund, the National Social Security Fund (NSSF), to buy shares during the financial technology giant’s blockbuster initial public offering (IPO) in the coming weeks, according to people familiar with the matter. The group is favouring long-term investors who backed the country’s […]

What will China’s central bank digital currency mean for Alipay and WeChat Pay?

China’s e-payments ecosystem is set to step up a level of sophistication as the coronavirus pandemic and deteriorating US-China relations hasten Beijing’s plans for a digital fiat currency; potentially complicating a landscape dominated by Alipay and WeChat Pay. The central bank’s e-yuan, called Digital Currency Electronic Payment (DC/EP), would let […]