Imagine if Africa could jump straight to a clean, low-carbon future without going through the dirty industrial phase that other countries have. That's what some are hoping for. A recent study dug into how taxes on the environment, foreign investments, natural resources, and tech progress can make th
Imagine swapping your car's battery in just a few minutes instead of waiting hours for a recharge. That's what Ample is aiming for with its battery swapping tech, and now they've got some financial muscle from Mitsubishi. Ample has been testing this idea in San Francisco, Madrid, and Japan for three
Vernon Davis, a legend in the world of football, has a new game plan. After his impressive NFL career, he's jumped into the world of women's sports. Davis is now a minority owner of DC Power, a women's soccer team linked with DC United. This isn't just about business for Davis. He fully believes in
Sue Bird, a basketball legend with a stellar career, is making headlines in the business world. She's not just investing in businesses, but in people she trusts. Her first big bet was on a friend's restaurant venture, which paid off big time. In just a year or two, she recouped her initial investmen
McDonald’s is pouring $100 million into its business to win back customers after a recent E. coli outbreak. The outbreak was linked to onions used in their Quarter Pounder burgers. The hardest-hit franchises will receive $65 million of this investment. The U. S. Centers for Disease Control and Preve
Ever thought about how policy changes can shape business decisions? Take China’s green finance reforms, for instance. Back in 2017, China launched special zones called green finance reform and innovation pilot zones. These zones aimed to encourage companies to invest efficiently and sustainably. The
Suburban Propane Partners, a company that supplies propane and other energy sources across the U. S. , recently shared its financial results for the fiscal year 2024. The news wasn't quite as warm as the weather that affected their earnings. Compared to the previous year, their net income dropped fr
Alibaba, China's big name in e-commerce, entertainment, and tech, saw its revenues go up by 5% to about $33. 7 billion in the recent quarter. This was the result of a 63% jump in net profits to $6. 25 billion. But it's not all straightforward - some of this boost came from changes in the value of th
Caroline Cai, the CEO of U. S. -based Pzena Investment Management, believes that now is the time to increase exposure to Chinese stocks. She argues that the risks are obvious to everyone, but the valuations are so low that investors are being compensated for taking on that risk. This perspective is
The world has been shaken by the COVID-19 pandemic, making everyone more prepared for future health crises. The WHO's Pandemic Treaty and the World Bank's Pandemic Fund are great steps forward. But what if we could combine these efforts with a broader healthcare goal like universal health coverage (
