Shell’s investments in renewable energy fell to only 8% of the oil supermajor’s overall spending budget in the latest quarter after the company watered down its carbon emissions targets in March. Its financial results for July to September revealed that Shell spent $409m (£315m) in its renewables and energy solutions business, from an overall capital
Greenfield investments – the creation of a new company or establishment of new facilities – soared to €3.6 billion (US$3.9 billion) in China from April through June, according to the Rhodium Group consultancy. This was the highest quarterly level on record and well above the average quarterly EU investment of €1.8 billion since 2022. German
Key Takeaways Reddit sold its Bitcoin and Ethereum holdings in Q3 2023 before the latest price surge. The company’s new investment policy limits cryptocurrency assets and requires board approval. Share this article Reddit, the social media giant, has significantly reduced its crypto holdings, according to an SEC filing released yesterday. Reddit sold off most of
The Investment Management division of Bank of New York (BNY) has signed a distribution agreement with Tempus Investments to offer its mutual funds across Latin America. Tempus Investments, founded in Chile by Eduardo Ruiz Moreno, will expand its operations to Uruguay and Argentina to introduce the entire range of BNY mutual funds. “The group operates
FOR IMMEDIATE RELEASE: OCT. 30, 2024 Media Contacts: Christina Ghan, Commissioner Rubio’s OfficePolicy Director503-865-6668christina.a.ghan@portlandoregon.gov Gabriel Mathews, Portland Housing BureauPublic Information Officer503-865-6867gabriel.mathews@portlandoregon.gov Shawn Uhlman, Prosper PortlandCommunications Manager503-823-7994UhlmanS@prosperportland.us PORTLAND, Ore. – Today Portland City Council approved legislation championed by Commissioner Carmen Rubio to establish six new Tax Increment Finance (TIF) districts that will bring in more than
NEW YORK, Oct. 30, 2024 /PRNewswire/ — Roundhill Investments, an ETF sponsor focused on innovative financial products, has announced the following ETF distributions for XDTE, QDTE, and RDTE. Fund Name Ticker Distribution Per Share (%)* Distribution Per Share 30-Day SEC Yield** Ex-Date Pay Date Roundhill S&P 500 0DTE Covered Call Strategy ETF XDTE 0.29 % $0.154880
I started researching investing at age 15 and began building an investment portfolio the year I entered college. During my college years, I learned how to manage my investments without compromising my studies. Drawing from this experience, I offer five tips to help student investors make the most of their college years and their investments. Key
London – Mayer Brown has advised UK private equity firm CBPE on its investment in Clifton Asset Management, a leading wealth management and pensions administration firm. The deal is subject to regulatory approval. The investment continues CBPE’s strong track record in the wealth management sector and will see CBPE partnering with Clifton’s experienced management team to
EPA’s Clean Ports Program to fund 55 zero-emission port equipment, infrastructure, and planning projects across the nation to tackle climate change, reduce air pollution, promote good jobs, and advance environmental justice WASHINGTON – Tuesday, as part of President Biden and Vice President Harris’ Investing in America agenda, the U.S. Environmental Protection Agency announced the selection
PIF chief Yasir Al-Rumayyan has personally led the PIF’s sports investment enterprises. (Richard Heathcote/Getty Images) The Public Investment Fund (PIF), the Saudi Arabian sovereign wealth fund, will cut its international investments to focus more on domestic projects, according to its governor Yasir Al-Rumayyan. The PIF’s current overseas investments, including sports investments into properties such as the Newcastle