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NEW YORK/LONDON: Amazon.com Inc issued its first sustainability bond on Monday, raising $1 billion to invest in renewable energy, clean transport, greener buildings and affordable housing.
NEW YORK: Iron ore futures surged more than 10% and copper jumped to a record amid increasing bets they’ll be among the biggest winners from a commodities boom that’s stoking concerns about inflation around the world.
Part I: High quality growth to sustain global leadership
CHINA is turning to its state-owned coal power companies to helm the next stage of the country’s renewables push, as the sector becomes less attractive to other investors.
New five-year roadmap aims for 15% return on equity (ROE) by 2025
BEIJING: Electric vehicle maker Tesla Inc, facing scrutiny in China over safety and customer service complaints, is boosting its engagement with mainland regulators and beefing up its government relations team, industry sources said.
BEIJING: China’s central bank is devising structural monetary policy tools that can provide direct support to the real economy in the pursuit of cutting carbon emissions.
KUALA LUMPUR: In what is seen as a major breakthrough for Malaysia, Saudi Arabia will become Malaysia’s hub for the import and distribution of palm oil and palm oil related products into the lucrative Gulf Cooperation Council (GCC) and the Middle East and North African (MENA) markets.
IT’S starting to feel as commonplace as handwashing: To protect against Covid, people across the globe are skipping trains and buses. Instead, they’re part of the great car comeback that’s sending vehicle sales soaring and fuelling a demand surge for oil and metals.