April 20, 2024
Investment

Clean energy investments bring jobs, economic growth to NC

The Department of Energy revealed details about 35 clean energy projects totaling $1.93 billion in funding across 20 states, including North Carolina. Siemens will receive more than $18 million in tax credits to expand its transformer manufacturing facility in Charlotte, adding nearly 500 new jobs. “We look globally to decide where to make these factories

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Investment

Charlie Munger had a ready reply when he was asked to name the investment he liked most

‘I was always so proud of it’: Charlie Munger had a ready reply when he was asked to name the investment he liked most To say Charlie Munger lived a long, full and rich life is putting it mildly — and literally. The Berkshire Hathaway sidekick of billionaire Warren Buffett died in November just weeks

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Funds

Wave of retirement is starving UK stocks of pension fund investment, warns Goldman Sachs

City of London British businesses risk being starved of investment as pension funds sell off assets to meet a wave of retirement claims, Goldman Sachs has warned. Analysts at the Wall Street bank have sounded the alarm over investment levels flatlining in the UK after research found final salary schemes are selling almost as many

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Investment

Patriots draft target: Travis Glover is a worthy late-round investment

The offensive tackle position remains one of the biggest needs for the New England Patriots, with the top of the depth chart consisting of Chukwuma Okorafor, Calvin Anderson and Conor McDermott on the left side. New England investing in the position during this year’s draft therefore makes plenty of sense. But with plenty of other

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Investment

Southbank Partners announces major investment to begin on Riverfront Commons in summer 2024 – NKyTribune

Southbank Partners has announced an investment of $2.7 million dollars across 2.5 miles of projects for the regional Riverfront Commons project set to start in Summer 2024. These five projects are key pieces to completing Riverfront Commons, a 20-mile multi-use path along the riverfront, which will connect the river cities from Devou Park in the

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Finance

Opinion | China and Gulf states changing face of development finance in Africa

Both China and the GCC seek to secure resources in Africa; where China tilts towards oil and gas, the Gulf states prioritise agricultural investments. They also bring complementary resources to Africa. Beyond finance, China can provide the critically needed industrial, technological and infrastructural capabilities to upgrade Africa’s productive capacities. Clean technology is a key driver

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Investment

Sri Lanka turns to China for more investment help but move unlikely to strain ‘strong’ ties with India, US

The southern seaport of Hambantota was handed to a Chinese state-owned company in 2017 on a 99-year lease for US$1.12 billion, sparking security concerns from Beijing’s regional rival India. Gunawardena added that China would assist Sri Lanka’s restructuring of external debt, a key condition to maintaining a US$2.9 billion bailout from the International Monetary Fund

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Investors

Israeli companies need to prioritize sustainability for global investors

Lately, the US Securities and Exchange Commission (SEC) displayed new regulations mandating public companies to disclose climate-related risks and emissions data, the imperativeness that businesses factor climate concerns into their strategies, addressing investor calls for transparent information on managing such risks. Considering this, the obvious question arises: How does this legislation impact Israeli companies?

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Crypto

Preparing for bull-run 2024: how to build a crypto portfolio

Learn how to build a good crypto portfolio and how diversification helps offset losses and maintain stability. Given the wild ups and downs of the crypto market, the formula for long-term success lies in crafting a well-diversified crypto assets portfolio. Diversification isn’t merely about accumulating a random bunch of coins. It requires carefully spreading your

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Investment

Ray Dalio on his investment in China: ‘I don’t jump out when things are tough’

Bridgewater Associates founder Ray Dalio defended his long term investment in China and said that he won’t abandon the country despite all of the problems there he’s identified and the risks of war with the US. He said in a LinkedIn post, “I have had a wonderful 40-year relationship with the Chinese people and the

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