United States
Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition
(Click here to subscribe to the Delivering Alpha newsletter.) Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks the world’s largest private fund dedicated to the net zero transition, signaling that investors are still committed to establishing cleaner portfolios. However, some blame the trend toward ESG-investing for […]
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Iran nuclear talks to resume this week in Qatar
Negotiations between Iran and world powers on reviving a 2015 nuclear deal are set to resume this week in the Qatari capital of Doha after the talks broke down in March, a Biden administration spokesperson said Monday. A State Department spokesperson said there would be “indirect discussions” in Doha this week. “We are grateful to our EU […]
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U.S. basketball star Griner appears in Russian court
WNBA star and two-time Olympic gold medalist Brittney Griner is escorted to a courtroom for a hearing, in Khimki just outside Moscow, Russia, Monday, June 27, 2022. Alexander Zemlianichenko | AP More than four months after she was arrested at a Moscow airport for cannabis possession, a Russian court has set the start date of […]
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European stocks close slightly higher; Prosus up nearly 16% on Tencent share sale plan
LONDON — European stocks closed slightly higher on Monday, as a positive trend seen at the end of last week’s trading lost some momentum. The pan-European Stoxx 600 index provisionally ended 0.6% higher, having traded up more than 1% earlier in the session. Mining stocks rose over 2% to lead the gains. In terms of […]
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Zelenskyy set to ask G-7 leaders for more firepower to fight Russian forces; Kyiv, Odesa and other key regions hit by missile strikes
UK’s Boris Johnson to tell fellow G-7 leaders they must end Putin’s ‘stranglehold’ on food prices British Prime Minister Boris Johnson is due to call on world leaders gathered at the G-7 summit in Germany on Monday to take urgent action to get essential food supplies out of Ukraine. The U.K. said it was working […]
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Hackers can bring ships and planes to a grinding halt. And it could become much more common
Container cargo ships sit off shore from the Long Beach/Los Angeles port complex in Long Beach, CA, on Wednesday, October 6, 2021. Jeff Gritchen | MediaNews Group | Getty Images Armed with little more than a computer, hackers are increasingly setting their sights on some of the biggest things that humans can build. Vast container […]
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Asia-Pacific markets set to trade mixed as investors monitor recession fears
A man walks past the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Toru Hanai | Bloomberg via Getty Images SINGAPORE — Shares in the Asia-Pacific are poised to trade mixed on Monday as investors assess inflation and recession fears. The Nikkei futures contract […]
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Fierce local battles over power lines are a bottleneck for clean energy deployment
A section of the NECEC corridor in Johnson Mountain Township is covered with straw on Tuesday, November 30, 2021. Crews put down the straw for erosion control. Portland Press Herald | Portland Press Herald | Getty Images For the past six years, energy companies and Maine residents have been in a fierce stand-off over the […]
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El Salvador’s $425 million bitcoin experiment isn’t saving the country’s finances
A bystander uses a Bitcoin ATM in San Salvador, El Salvador, on May 16, 2022. Alex Pena | Anadolu Agency | Getty Images El Salvador bet its economic salvation on bitcoin, but so far the gamble isn’t paying off like President Nayib Bukele hoped it would. The government’s crypto coffers have been cut in half, […]
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Juul asks court for temporary block on FDA’s ban of its e-cigarettes
Juul brand vape cartridges are pictured for sale at a shop in Atlanta, Georgia. Elijah Nouvelage | Reuters Juul asked a federal appeals court on Friday to block the Food and Drug Administration’s ban on its e-cigarettes temporarily. The request came less than a day after the health agency told the company that it had […]
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