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…
Biden Scales Back Plans To Crackdown On US Investments In China: REPORT
Biden Scales Back Plans To Crackdown On US Investments In China: REPORT Jason Cohen on March 2, 2023 President Joe Biden is anticipated to sign an executive order that will be less…
Private credit investments surged 89% in 2022 – report
By Chiara Elisei LONDON (Reuters) – Private credit and infrastructure investments across emerging and developing markets surged to record levels in 2022 as borrowers looked for alternative financing options amid rising interest…
Fidelity Investments to expand workforce by 4,000 in first half of 2023
(Reuters) – Fidelity Investments is planning to increase its headcount by 4,000 in the first half of this year, a spokesperson for the asset manager said in an emailed statement on Thursday.…
Pension schemes’ share of hedge fund investments hits lowest in 5 years – Goldman
By Nell Mackenzie LONDON (Reuters) – Investments by global pension schemes fell to the smallest proportion in five years of overall hedge fund assets at the end of last year, a Goldman…
French, German ministers to tell U.S. don’t poach EU investments -sources
PARIS (Reuters) – France and Germany’s economy ministers will tell senior U.S. officials not to try to actively poach green investments from Europe when they visit Washington next week to raise concerns…
Back To Petroleum: BP Is Scaling Back Its Green Investments Amid Disappointing Performance
Back To Petroleum: BP Is Scaling Back Its Green Investments Amid Disappointing Performance John Hugh DeMastri on February 1, 2023 CEO Bernard Looney of British oil giant BP has expressed plans to…
Copper smelter Aurubis plans 530 million euros in new investments
BERLIN (Reuters) – Europe’s largest copper smelter Aurubis scrapped its existing dividend policy and announced 530 million euro ($562.44 million) of growth-oriented investments, the company said on Tuesday, expanding plants in the…
Berkeley holds back investments amid tough housing climate
By Aby Jose Koilparambil (Reuters) – Berkeley Group said it would hold off land purchases in the near term to conserve cash as the high-end homebuilder grapples with a fall in bookings…
U.S. president unveils investments in Indonesia carbon capture, transport
NUSA DUA, Indonesia (Reuters) – U.S. President Joe Biden on Monday announced a number of investments in Indonesia spanning areas like climate and food security, including a $2.5 billion agreement between ExxonMobil…
Tiger Global pauses investments in Chinese equities – WSJ
(Reuters) – Tiger Global Management has paused investing in Chinese equities, as it reassesses its exposure to the country after President Xi Jinping’s cemented his grip on power, the Wall Street Journal…
Canada orders three foreign firms to divest investments in critical minerals
OTTAWA (Reuters) – Canada’s government ordered three foreign firms on Wednesday to divest their investments in Canadian critical minerals companies on grounds of national security. The three foreign firms ordered to divest…
Volkswagen, Continental announce nearly $1 billion in Mexico investments
MEXICO CITY (Reuters) – Auto manufacturing companies Volkswagen and Continental both pledged major investments in Mexico on Thursday totaling nearly $1 billion, one of the biggest sums for the sector to be…
Yellen touts U.S. battery investments in election battleground Ohio
By David Lawder CLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen hailed the beginnings of a Midwest “Battery Belt” on Thursday as a result of the Biden administration’s investments in clean energy,…
Energy Chief Who Pushed To Slash Oil And Gas Investments Now Decries ‘Global Energy Crisis’
Energy Chief Who Pushed To Slash Oil And Gas Investments Now Decries ‘Global Energy Crisis’ John Hugh DeMastri on October 25, 2022 Fatih Birol, Executive Director of the International Energy Agency (IEA),…
Apple announces new clean energy investments, asks suppliers to decarbonize
(Reuters) – Apple Inc said on Tuesday it would make fresh investments to set up solar and wind projects in Europe and called on its suppliers to decarbonize operations related to the…
Ford, Hyundai discussing EV investments with Indonesia – Indonesian minister
DETROIT (Reuters) – Indonesia is in discussions with Ford Motor Co and Hyundai Motor Co to establish operations related to electric vehicles in the Southeast Asian country, Indonesia Coordinating Minister for Economic…
U.S. hedge fund Third Point opens Tel Aviv office to scout investments
By Svea Herbst-Bayliss NEW YORK(Reuters) – Billionaire investor Daniel Loeb is searching for more promising startups and is setting his sights on Israel to find them. Loeb’s $14 billion New York-headquartered hedge…
Enlightened Hospitality Investments (EHI) Invests $10M in Chip City Cookies
Co-founders Peter Phillips and Teddy Gailas partner with investment group to accelerate growth plans to scale gourmet cookie concept beyond New York City and strengthen brand position within the competitive cookie segment.…
Yellen says chips, research investments will boost U.S. economic capacity
By David Lawder HERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that domestic investments in semiconductors and research would help reverse a longstanding innovation deficit and increase the…
Netherlands to pull out of treaty protecting energy investments
AMSTERDAM (Reuters) – The Netherlands will follow Spain in pulling out of the Energy Charter Treaty protecting investments in the sector, its energy ministry said on Wednesday. In force since 1998, the…
Russian soft drinks maker to cut back investments, hiring over new sugar tax
MOSCOW (Reuters) – Chernogolovka, a Russian soft drinks producer hoping to seize market share as Western competitors leave, said a proposed new sugary drinks tax had forced it to scale back investments…
House Republicans Request Gov’t Watchdog Investigate Foreign Investments In American Farmland
House Republicans Request Gov’t Watchdog Investigate Foreign Investments In American Farmland Gabe Kaminsky on October 3, 2022 More than 100 House Republicans are asking a government watchdog to probe foreign investments…
Temasek to step up investments once market valuations drop further, executive says
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s Temasek Holdings said that market valuations had not yet priced in a global economic recession and that said the state investor was waiting for further…
Invesco raises $5.4 billion in China investments in first half; flags economic risks
(Corrects 10th paragraph to show company plans to increase holding in joint venture, not that it has no such plans) By Selena Li HONG KONG (Reuters) -U.S. asset manager Invesco’s Chinese joint…
Boeing says plans to build on existing investments in India
NEW DELHI (Reuters) – Planemaker Boeing plans to build on its existing investments in India in areas such as defence supply chains and manufacturing, the company said on Wednesday. The world’s second-largest…
Breaking News
