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…
Brewer Carlsberg halts exports, new investments into Russia
COPENHAGEN – Danish brewer Carlsberg said on Friday it would halt new investments into Russia and suspend exports of beer and other beverages to the country as a result of its invasion…
New Jersey lawmakers pass bill to prohibit Russian investments
TRENTON, NJ – Democrats and Republicans in Trenton united in solidarity with Ukraine as the country continues to be attacked and bombed by Russian forces. Now heading into its second week, the…
Brazil to launch national fertilizer plan to stimulate investments -minister
SAO PAULO – Brazil’s agriculture minister, Tereza Cristina Dias, said on Wednesday the country will soon launch a national fertilizer plan to stimulate investments in potash and phosphorus mines. In an interview…
Fidelity Investments says more than 92% of its funds have no Russian securities
BOSTON – Fidelity Investments on Tuesday said more than 92% of its mutual funds do not have any investment in Russian securities, as of the latest disclosures. In a statement sent by…
New Jersey Legislators Move to Block Public Investments in Belarus and Russia
TRENTON, NJ – As the Russian invasion of Ukraine continues, legislators in New Jersey are moving to block public investments in Russia and Belarus. “Acting in response to Russia’s unprovoked attack on…
Insurer AIA Group sells Australian savings and investments business
– Asia-focused insurer AIA Group said on Thursday it would sell its Australian savings and investments business to local life insurance firm Resolution Life Australasia, noting it is “non-core” to its strategy.…
EU policymakers must do more to boost telco investments, study says
By Foo Yun Chee BRUSSELS – EU policymakers need to do more to attract investments in the telecoms sector if the bloc wants its economy to become more independent from global powers…
STMicro to double investments to meet high chip demand
By Mathieu Rosemain PARIS -French-Italian chipmaker STMicroelectronics plans to double its investments this year to up to $3.6 billion, buoyed by high demand that drove its earnings to beat expectations in the…
JPMorgan asset arm creates new team to focus on sustainable investments
– JPMorgan Chase & Co’s asset management arm said on Monday it had created a new private equity team to focus on sustainable investments, the bank’s latest move to align its activities…
World’s Biggest Asset Manager Says Climate Investments Are About Money, Not Being ‘Woke’
Elliot Dordick on January 18, 2022 The head of BlackRock, the world’s largest asset manager, said the firm’s investments in clean energy enterprises are ultimately about generating more revenue, not about being…
Husband and Wife Sentenced to Prison Terms for Operating Ponzi Scheme Relating to Investments in Foreign Currencies
NEWARK, N.J. – A former Hudson County, New Jersey, couple was sentenced today for operating a Ponzi scheme in which they defrauded approximately 30 investors by making extraordinary guarantees about investment returns…
Billionaire With Massive Chinese Investments Says Communist Party Disappears People Because It’s ‘Like A Strict Parent’
A U.S. billionaire and hedge fund manager with massive investments in China defended the communist regime in response to queries about his decisions to invest in the country. Ray Dalio, manager of…
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