Mexico presidential frontrunner pledges $13.6 billion for energy investments
MEXICO CITY (Reuters) – The favorite to win Mexico’s presidential election in June, Claudia Sheinbaum, on Monday outlined a plan to invest $13.57 billion in new energy generation projects through 2030. The…
New Jersey to Cease Investments in Oil Companies as Green Agenda Pushes Forward
TRENTON, NJ—The goal is to make more money when investing money. Oil and gasoline company stocks have historically performed well for investors. Now, New Jersey wants to cease all investments in oil…
Jersey Shore Chamber to Gist Session on AI Investments
WALL TOWNSHIP, NEW JERSEY — The Jersey Shore Chamber of Commerce (JSCC) is set to host an informative session titled “Break to Educate,” focusing on the intricacies of investing in Artificial Intelligence…
Alphabet, Meta ad sales in Q4 unlikely to reflect gen AI investments
By Sheila Dang AUSTIN, Texas (Reuters) – Despite the buzz over generative artificial intelligence last year, the technology’s impact on the advertising business of Alphabet and Meta Platforms is likely to be…
Sixth Street appoints Alvarado to run US real estate investments
By David French (Reuters) – Sixth Street has appointed Marcos Alvarado as its head of U.S. real estate, according to a statement on Tuesday, as it seeks further investments in a sector…
Enbridge eyes France for offshore wind investments and will avoid US
By Rod Nickel WINNIPEG, Canada (Reuters) – Canadian pipeline company Enbridge is keen on further offshore wind investments in France, but will avoid the United States, where cost and supply chain problems…
Investments in Latam startups fell to five-year low in 2023 -Distrito platform
SAO PAULO (Reuters) – Latin American startups raised $3.1 billion in venture capital investments in 2023, their worst performance since 2018, according to data released by Brazilian market tracking platform Distrito on…
Fisher Investments and Advent say not in deal talks
(Reuters) – Fisher Investments and Advent International on Tuesday said they were not in deal talks, after the Wall Street Journal said that Ken Fisher’s money management company was in talks to…
Brazil unveils tax benefits for firms to boost investments
SAO PAULO (Reuters) – Brazil’s Vice President Geraldo Alckmin on Sunday unveiled government measures aimed at providing companies with tax benefits so they can buy new machinery and invest in transportation. The…
China’s investments to Vietnam boom as Xi visits Hanoi, US spending down
By Francesco Guarascio HANOI (Reuters) – Chinese investments in Vietnam have boomed this year in contrast to a slowdown in U.S. spending and trade, official data show, as the world’s two largest…
Young Chinese spurn traditional investments in favour of gold
By Casey Hall and Amy Lv SHANGHAI/BEIJING (Reuters) – Gold buyers in China are getting younger, as a property market downturn, weakening stocks and currency and low bank deposit interest rates have…
Ark Investments sets 0.80% fee for proposed spot bitcoin ETF
By Suzanne McGee (Reuters) – ARK Investment Management led by Cathie Wood, and Swiss cryptocurrency manager 21Shares, plan to charge a fee of 0.80% on their proposed ARK 21Shares Bitcoin exchange-traded fund…
Japanese investors slow investments in overseas bonds and equities in Oct
(Reuters) – Japanese investments in foreign bonds and equities slowed in October, influenced by higher U.S. bond yields and a depreciating yen, data from Japan’s Ministry of Finance showed. According to the…
Japan to top up fiscal loans, investments to boost supply chain -draft
By Takaya Yamaguchi TOKYO (Reuters) -Japan’s government is set to increase its fiscal loan and investment programme in a planned second extra budget to beef up supply chains and other long-term spending,…
Paramount narrows streaming loss forecast as investments peak
(Reuters) – Paramount Global shares surged 10% on Friday, after the media company narrowed the 2023 loss forecast for its fast-growing streaming business as investments peaked a year ahead of target. After…
Paramount says its investments in streaming have peaked, shares jump
By Chavi Mehta and Dawn Chmielewski (Reuters) -Paramount Global’s investments in its fast-growing but unprofitable streaming unit have peaked a year ahead of the target, the media company said on Thursday, sending…
China funds look to Mideast cash as US investments wane
By Summer Zhen HONG KONG (Reuters) – Chinese funds are seeking new capital sources in the Middle East and other markets, managers say, in a shift that could reshape investment flows as…
Wells Fargo sells $2 billion of private equity investments
(Reuters) – Wells Fargo said on Friday it had sold about $2 billion of its private equity investments as the bank aims to sharpen focus on its core businesses. Lenders have been…
Quebec in talks with battery, auto makers for C$15 billion in EV-related investments
By Divya Rajagopal TORONTO (Reuters) – Quebec is in talks with battery makers and automobile companies looking to invest about C$15 billion ($11 billion) in the Canadian province over the next three…
Japan govt to deliberate tax breaks for major corporate investments
By Daniel Leussink TOKYO (Reuters) – A Japanese government panel will discuss over the coming months whether to give tax breaks to companies that invest in areas considered strategically important, a change…
ABB CEO says no plans to scale back China investments
ZURICH (Reuters) – ABB is still confident about the Chinese market despite a weaker than expected post-COVID recovery and does not plan to scale back its investments in the country, Chief Executive…
UN Warns Big Banks Their Investments In Saudi Oil Company Could Violate Human Rights Laws
UN Warns Big Banks Their Investments In Saudi Oil Company Could Violate Human Rights Laws Nick Pope on August 25, 2023 The United Nations (UN) warned several major banks Friday that their…
Blackstone China unit gets nod to raise funds for overseas investments
By Roxanne Liu and Selena Li (Reuters) – Blackstone’s newly established China unit has received regulatory approval to raise funds that will be invested overseas, joining other global asset managers in seeking…
US companies may delay Colombia investments over government comments, industry body says
BOGOTA (Reuters) – U.S companies operating in Colombia are not looking to pull out of the South American country, but comments and plans put forward by the government could see them postpone…
Norway oil companies to boost investments, survey shows
OSLO (Reuters) – Norwegian oil and gas companies plan to invest more in 2023 and 2024 than previously thought, driven mainly by rising activity as well as cost inflation from a weaker…
Norway wealth fund trims overweight tech investments
ARENDAL, Norway (Reuters) – Norway’s sovereign wealth fund has recently reduced its overweight investment position in major tech firms, Chief Executive Nicolai Tangen told a press conference on Wednesday. (Reporting by Gwladys…
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