Tag: year
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These were 10 key sustainable transport trends of 2020
All these were 10 Primary sustainable transport Tendencies of 2020 Katie Fehrenbacher Wed, 12/16/2020 – 01:00 Have you ever been more ready to get a year to be finished? Within a little over a couple of weeks, this skip fire of a year will be relegated to history. And as the entire world will be…
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How COVID brought down Big Oil
Heather Clancy runs the rule over a tough year for the oil sector that may well become an historic turning point It’s been a tough year for the oil industry. In April, there was a mind-bending second when crude stocks dipped to adverse figures. Then, after a few months of a slow growth in demand,…
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After 670% rally, Tesla to raise $5 bn in third share sale this year
By Dana HullTesla Inc. is taking advantage of its soaring stocks by going back into the capital markets to the next time in ten months and raising up to $5 billion of common stock.The sale through a “at-the-market” offering app, according to a regulatory filing, meaning that the stock will be sold over time at…
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Elon Musk overtakes Bill Gates to grab world’s second-richest ranking
From Devon PendletonElon Musk’s entire year of dizzying ascents struck a fresh apex Monday since the Tesla Inc. co-founder passed Bill Gates to become the planet ’s second-richest person.The 49-year-old entrepreneur’s web worth jumped $7.2 billion to $127.9 billion, driven by still another spike in Tesla’s discuss cost. Musk has additional $100.3 billion to his…
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Global Briefing: French court orders government to justify failure to deliver bolder climate plan
French legal rulings, Indonesian forest protection efforts, and plans to make Australia a renewables superpower, all feature in this week’s green business round-up from around the world Court gives French government three months to explain why climate plan is not in line with emissions goals France has this week become the latest country where climate…
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Global Briefing: UN summit confronts global biodiversity crisis
All the top green industry news from all over the globe this week, such as VW’s electric vehicle investment from China, electrical ferries from Thailand, along with Denmark’s ambitious climate goal UN summit confronts Global biodiversity crisis Global leaders assembled virtually this week to discuss the environmental catastrophe that is devastating the world’s ecosystems, in…
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China’s shoppers are spending again
By Keith BradsherBEIJING: Right before executives and car enthusiasts could gather in Geneva for the big auto show there in early March, the organizers called it off. As the coronavirus spread, other shows followed suit: Detroit, Los Angeles, New York, Paris and São Paulo.So after a long lull, the first major auto show since the…
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No revenue is no problem in the 2020 stk market
By Chris BryantWall Street isn’t always too fussed about whether a start-up is profitable before listing on the stock exchange. A decent track record of sales growth is usually pretty essential, though. That quaint idea has been turned on its head this year by the fad for special purpose acquisition companies. Called SPACs for short,…
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You think FAANG is distorting the S&P? Consider ATM
By Shuli RenMany have lamented the lack of depth in the US stock market, marveling at how a handful of big tech companies have grown to dominate almost a quarter of the S&P 500 and become responsible for all of this year’s gain. But that lopsidedness is nothing next to China, where the top three…
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Mukesh Ambani climbs billionaire rankings; fourth richest in the world now
Mukesh Ambani surpassed LVMH Chairman (and Europe's wealthiest man) Bernard Arnault to become the fourth-richest man in the world. The Reliance Chairman has a net worth of $80.2 billion, and trails only Jeff Bezos ($187 billion), Bill Gates ($121 billion), and Mark Zuckerberg ($102 billion) on the Bloomberg Billionaires Index. Incidentally, Zuckerberg entered the coveted…