BP said last month that its plan to pivot away from oil will involve major investments into bioenergy, hydrogen and carbon capture and storage. At the same time, BP will reduce its oil and gas refining portfolio and aims to raise $25 billion by selling assets over the next five years. … [Read more...] about BP invests in offshore wind to power 2 million American homes
Investing
China Announces Investment of ‘Hundreds of Billions of Yuan’ into Key Industry Projects
“China Development Bank [CDB] agreed to lend 125.2 billion yuan ($18.3 billion) to the development of 24 projects. The bank said it had granted a credit line worth 250 billion yuan ($36.6 billion) to those projects in late March, meaning it has already opened up the government lending tap to help finance important projects nationwide,” the newspaper noted. Neither MIIT nor CDB provided a list of the targeted projects. … [Read more...] about China Announces Investment of ‘Hundreds of Billions of Yuan’ into Key Industry Projects
SoftBank takes $10 billion hit after being unmasked as Nasdaq ‘whale’
The options could pay off for SoftBank. According to the Financial Times, which was first to report on the position, the company is sitting on trading gains of about $4 billion. But such trades are also risky, since they could lead to big losses if equity markets keep falling. … [Read more...] about SoftBank takes $10 billion hit after being unmasked as Nasdaq ‘whale’
Bottled water company founder is China’s third-richest man after another blockbuster Hong Kong IPO
Fund flows from mainland China were particularly strong. For the first eight months, net flows from China to Hong Kong stocks via the Hong Kong Stock Exchange surged to more than $55 billion, up nearly 190% from a year ago, according to estimates by China Galaxy Securities. … [Read more...] about Bottled water company founder is China’s third-richest man after another blockbuster Hong Kong IPO
REPORT: Trump Considering Investing Up To $100 Million Of Personal Funds Into 2020 Campaign
My Campaign spent a lot of money up front in order to compensate for the false reporting and Fake News concerning our handling of the China Virus. Now they see the GREAT job we have done, and we have 3 times more than we had 4 years ago – & are up in polls. Lots of $’s & ENERGY! … [Read more...] about REPORT: Trump Considering Investing Up To $100 Million Of Personal Funds Into 2020 Campaign
