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...They also benefited from the enthusiasm for the energy transition at a time when oil and gas prices were low....
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...It is being held up by new MIIT rules that require both the marque and its contract manufacturer to have new energy vehicle production licences, according to two people close to the companies....
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...It would target renewable energy and transport companies as well as the finance sector, SocGen and Brookfield said....
...A version of this article was first published by Nikkei Asia on January 26. ©2024 Nikkei Inc. All rights reserved....
...Its 25 per cent stake in Occidental Petroleum means part of the oil company’s profits are reported on Berkshire’s income statement....
...Granholm has cheered on Occidental Petroleum’s plans to deploy direct air capture technology, which sucks CO₂ from the atmosphere to be stuffed underground, in the oilfields of west Texas....
...The firm also hired CenterPoint Energy’s Philip Holder as a managing director for power and utilities coverage in Houston....
...In addition to Instacart’s Nasdaq debut, digital marketing group Klaviyo is due to price its NYSE IPO this week, raising about $500mn, while German shoemaker Birkenstock is expected to float up to $1bn of...
...Is this a mere marketing ploy – or can this sector play a vital role in tackling the world’s biggest environmental and social challenges?...
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