Green Entrepreneurship: A Key Driver for Competitiveness and Sustainability Highlighted at the Annual Investment Meeting’s Entrepreneurs Investment Summit

The Entrepreneurs Investment Summit opened its doors to industry leaders and experts from around the world to discuss new strategies and opportunities for investment. Held at the 12th edition of the The Annual Investment Meeting (AIM), which took place at the Entrepreneurs Room located at the Abu Dhabi National Exhibition Centre, The Summit witnessed a range of distinguished speakers who shared their thoughts and insights on the subject.
Consortium of Chinese Banks Agree to Fund Port Terminal in Peru

A consortium of Chinese banks have agreed to lend $975 million for the construction and development of the Chancay Multipurpose Port Terminal, located 67 km north of Lima in Peru.
Exclusive: Peru mines on power despite protests, though halt risk looms

Peru’s biggest copper mines have been able to maintain production despite road blockades, attacks and protests that have roiled the Andean nation for over two months and led to warnings of production halts, an analysis showed on Wednesday.
Italy’s Enel to sell assets and focus on six main markets

Enel plans asset sales worth 21 billion euros ($21.5 billion) to reduce net debt and focus its transition to cleaner energy on six core countries, the Italian utility said on Tuesday.
Mexican used-car startup Kavak expands outside Latin America

Mexican used-car platform Kavak is investing $180 million to open offices and make its platform available in four new countries, including Turkey – its first location outside Latin America, the company said Wednesday.
MMG to halt Las Bambas copper production as talks to end blockade fail

MMG Ltd (1208.HK) said on Thursday it would shut production at its Las Bambas copper mine in Peru from Dec. 18 after the Australia-based miner failed to reach an agreement with the Peruvian community blocking a transport road used by the facility.
Analysis: How Banks all over the world are facing challenges!

The world has changed dramatically since the pandemic or Covid-19 outbreak. The entire process of living has changed, as has the economy and all financial institutions. Financial institutions all over the world are facing real challenges to keep their position stable and prevent themselves from the loss. According to BICRA Scores and Economic and Industry […]
EXCLUSIVE BlackRock raises $673 mln for climate-focused infrastructure fund

BlackRock Inc (BLK.N) told Reuters it has raised a target-beating $673 million for an infrastructure fund with backing from the French, German and Japanese governments to invest in climate-focused projects such as renewable energy in emerging markets.
Analysis: Workers at Chile’s Escondida mine hit jackpot, raise bar in labor talks elsewhere

An historic benefits package at BHP’s (BHP.AX) sprawling Escondida copper mine has raised the prospect for tough new negotiations and strikes at mines around the country, workers and analysts told Reuters.
Analysis: Debt in a warm climate: coronavirus and carbon set scene for default

Where COVID-19 has precipitated unprecedented debts, climate change could trigger defaults across a planet which a United Nations panel says is dangerously close to runaway warming.