investment

Biden’s EV metals import plan unlikely to match climate goals -executives

The Biden administration's plan to rely on ally nations for most of the metals needed to build electric vehicles ignores…

5 years ago

SoftBank Vision Fund 2 leads $775 million investment in Perch

SoftBank Group Corp's (9984.T) Vision Fund 2 has led a $775 million investment in Perch, a technology firm that buys…

5 years ago

Michael Kors parent expects sales growth as luxury demand rebounds

Capri Holdings Ltd (CPRI.N) on Wednesday forecast annual revenue and profit above Wall Street expectations, betting on shoppers returning to…

5 years ago

Ford boosts EV spending, aims to have 40% of volume all-electric by 2030

Ford Motor Co (F.N) on Wednesday outlined plans to boost spending on its electrification efforts by more than a third…

5 years ago

China’s crypto crackdown speeds shift to central Asia, North America mining

A crackdown by Beijing is rapidly accelerating a shift in focus by makers of machines that 'mine' cryptocurrencies like bitcoin…

5 years ago

Canada’s top pension funds boost investments in high-carbon oil sands

Canada's biggest pension managers boosted their investments in the country's major oil sands companies in the first quarter of 2021,…

5 years ago

U.S. business borrowings jump 19% in April – ELFA survey

U.S. companies borrowed $9.8 billion for capital investments in April, up 19% from a year earlier, benefiting from an economic…

5 years ago

European stocks stuck at peak as recovery uplift fades

European stocks look set to hold around or inch just above current record levels as the initial boost stemming from…

5 years ago

EXCLUSIVE China bars banks from selling commodities-linked products to retail buyers -sources

China's banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people…

5 years ago

M&S’s annual profit slumps 88% as COVID crushes clothing sales

British retailer Marks & Spencer (MKS.L) on Wednesday reported an 88% slump in full-year profit, reflecting a collapse in clothing…

5 years ago