SpaceX's historic IPO is impacting global investment, particularly in China and Hong Kong. The event also underscores the maturation of the space-insurance market, which provides crucial financial protection for the booming commercial space sector.
Global investment banks like JP Morgan, Morgan Stanley, and UBS are holding forums in Asia, focusing on China's advanced technology and energy transition sectors. Despite a recent dip in FDI, these banks see China as a major beneficiary of AI development and green energy shifts, with significant capital inflows into its stock market.
Canada's climate strategy is being dismantled under Prime Minister Carney, with policies like carbon pricing, methane regulations, and EV mandates weakened or delayed. Critics argue this favors fossil fuel infrastructure and contradicts his past climate advocacy, leading to voter remorse and environmental concerns.
Canada's climate strategy is being dismantled under Prime Minister Carney, who has reversed key policies like the consumer carbon price and weakened regulations. Despite past advocacy for climate action, his government is prioritizing investment and fossil fuel infrastructure, leading to criticism and voter remorse.
Economist Arvind Virmani urges India to reform its tax system and streamline clearances to attract global investments shifting from China. He emphasizes prioritizing FTAs with developed nations to integrate India into global value chains.
Datacentres now consume 6% of the UK's and US's electricity, with global usage rising 15% in two years, prompting community resistance and calls for transparency from tech companies amid energy shortages and environmental concerns.
Global investment firms backed by some of the biggest companies in the world are pouring money into acquiring carbon-saving "natural capital assets".
China made Brazil its top global investment destination last year, pouring US$6.1 billion into the country across a record 52 projects. The figures come from the China-Brazil Business Council (CBBC), which released its annual report on Thursday. The 45 per cent jump in value from the previous year far outpaced the 4.8 per cent rise in total foreign investment into Brazil. It also dwarfed China’s worldwide outbound flows, which grew just 1.3 per cent. Brazil absorbed 10.9 per cent of all Chinese...
Sev.en Global Investments, owned by Czech billionaire Pavel Tykač, has urged the UK government to find a single buyer for both British Steel and Speciality Steel UK, creating the country's largest steelmaker. The company, which already owns the UK's largest electric steelworks in Cardiff, plans to invest £100m initially with potential for hundreds of millions more. The government took control of British Steel last April from Chinese owners Jingye, and the official receiver took over SSUK from Liberty Steel in August. Sev.en's CEO said combining the businesses would require less taxpayer support and called for a thorough debate on the future of UK steel.
