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…
Lula says wants US investments in Brazil to drive energy transition
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Monday he hopes for the United States to want to invest in Brazil so the two countries can work…
Siemens CEO says customers looking outside China for new investments
ZURICH (Reuters) – Siemens is seeing changing investment patterns by some customers regarding China as tensions rise between Washington and Beijing, Chief Executive Roland Busch said on Thursday. Siemens, which reported third…
Exclusive-Petrobras investments may rise up to 10% in new 5-year plan, says CFO
By Marta Nogueira RIO DE JANEIRO (Reuters) – Brazil’s Petrobras may increase investments in its next five-year business plan by up to 10% over the previous one, which would place the state-run…
Key Republican urges Biden to set broad restrictions on U.S. investments in China
By David Shepardson WASHINGTON (Reuters) – The chair of a U.S. House committee on Thursday urged President Joe Biden to adopt expansive restrictions on outbound U.S. investment in China especially in key…
Biden plans to sign order curbing US tech investments in China by mid-August -Bloomberg
(Reuters) – U.S. President Joe Biden is planning to sign an executive order to limit critical U.S. technology investments in China by mid-August, Bloomberg news reported on Friday, citing people familiar with…
US Senate backs measure requiring reporting on China tech investments
By Patricia Zengerle WASHINGTON (Reuters) – The U.S. Senate overwhelmingly backed legislation on Tuesday that would require U.S. companies to notify federal agencies of investments in Chinese technologies such as semiconductors and…
Congressional panel probes US firms’ investments in China
WASHINGTON (Reuters) – A U.S. House of Representatives committee has launched an investigation into investments by four U.S. venture capital firms into Chinese artificial intelligence and semiconductor companies. The House Select Committee…
House Committee Investigates US Firms With Investments Linked To China’s Military, Human Rights Abuses
House Committee Investigates US Firms With Investments Linked To China’s Military, Human Rights Abuses Philip Lenczycki on July 19, 2023 The House Select Committee on the Chinese Communist Party (CCP) announced investigations…
Space investments stay flat in Q2 as market shows signs of stabilization – report
By Akash Sriram (Reuters) – Investments in space startups stayed flat in the second quarter, a positive sign for a sector that faced a funding slump over the past few quarters due…
US senators push China investments tracker in defense bill as White House finalizes order
By Karen Freifeld and Andrea Shalal (Reuters) – Two U.S. senators are pursuing a legislative plan to track U.S. investments in China, as the White House works to complete long-awaited action that…
AIDS can be ended by 2030 with investments in prevention and treatment, UN says
GENEVA (Reuters) – It is possible to end AIDS by 2030 if countries demonstrate the political will to invest in prevention and treatment and adopt non-discriminatory laws, the United Nations said on…
New Jersey Bill Seeks Sales Tax Exemption for Gold and Silver Investments
Trenton, N.J. – New Jersey is considering joining 44 other states, including neighboring states New York, Pennsylvania, and Delaware, in exempting gold and silver investments from state sales tax. Assemblyman Kevin J.…
Goldman says West needs over $25 billion investments in rare earths to match China
(Reuters) – Goldman Sachs on Thursday said the West may need more than $25 billion in investments to match China’s supply of rare earths, as export curbs by Beijing on minor metals…
Germany’s Scholz hints at more chip investments
BERLIN (Reuters) – German Chancellor Olaf Scholz said on Wednesday that he knew of further plans for large investments in chip production in Germany, a welcome trend as Europe looks to reduce…
Biden will announce $600 million in climate investments during California trip
WASHINGTON (Reuters) – President Joe Biden will visit Palo Alto, California on Monday and announce over $600 million in climate investments to help coastal communities around the country fight climate change, a…
BlackRock sees strong demand for infrastructure investments in Saudi Arabia
NEW YORK (Reuters) – BlackRock sees strong demand from its global clients for infrastructure investments in Saudi Arabia, Rachel Lord, Head of APAC at the asset manager, said on Wednesday. Speaking at…
America’s Biggest Public Pension Has No Plans To Pull Investments From China As Others Flee
America’s Biggest Public Pension Has No Plans To Pull Investments From China As Others Flee Will Kessler on June 9, 2023 The California Public Employees’ Retirement System (CalPERS) has no plans to…
Franklin Templeton to buy Putnam Investments from Great-West Lifeco for $925 million
By Mehnaz Yasmin (Reuters) -Franklin Resources Inc, a global investment management firm that operates as Franklin Templeton, plans to acquire asset manager Putnam Investments from Great-West LifeCo Inc in a nearly $925…
French climate investments to drive up national debt burden – think-tank
PARIS (Reuters) – Investments that France needs to finance its transition to a low-carbon economy are set to add 25 percentage points to its debt burden by 2040, a report from the…
Musk: Tesla to make significant investments in France at some point
PARIS (Reuters) – US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in Versailles on Monday, adding that he could not give a timetable. Asked…
‘Public Deserves Answers’: Watchdogs Light Up Dem Gov Over Potential Conflict Surrounding His Pot Industry Investments
‘Public Deserves Answers’: Watchdogs Light Up Dem Gov Over Potential Conflict Surrounding His Pot Industry Investments Trevor Schakohl on May 12, 2023 Democratic Maryland Gov. Wes Moore should fully disclose his ties…
Germany guarantees 221 million euros of Ukraine investments – econ ministry sources
BERLIN (Reuters) – Germany is currently providing guarantees on investments totalling 221 million euros ($242 million) in Ukraine, Economy Ministry sources said on Wednesday, following a visit by the economy minister to…
Factbox-Warren Buffett’s investments in financial firms
NEW YORK (Reuters) – Berkshire Hathaway’s Warren Buffett has been in discussions with senior Biden administration officials about the banking crisis, leading some to speculate that Buffett would consider investing in the…
U.S. Treasury approves $185.8 million in South Carolina broadband investments
WASHINGTON (Reuters) – The U.S. Treasury Department said on Tuesday it approved $185.8 million in American Rescue Plan funds for broadband infrastructure projects in South Carolina expected to connect about 31,650 homes…
Major Banks Bend The Knee To Climate Activists, Accelerate Plans To Cut Coal Investments
Major Banks Bend The Knee To Climate Activists, Accelerate Plans To Cut Coal Investments John Hugh DeMastri on March 4, 2023 Both U.S.-based bank Citi and German Deutsche Bank announced plans to…
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