Tesla’s decision to set up its electric-vehicle facilities in neighbouring Malaysia was a blow to Indonesia’s efforts to lure investments for building an end-to-end EV supply chain ecosystem.
As professional golfers continue to express concerns about the PGA Tour’s deal with the Saudi-backed LIV Golf, Tiger Woods has joined the board of directors in a concession to player demands.
Goldman Sachs (GS) on Monday agreed to sell off its $29 billion Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).
Goldman Sachs Sells Off $29 Billion Investment Advisory Business Read More »
The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis.
Lithium industry needs over $116 billion to meet automaker and policy targets by 2030 Read More »
(Bloomberg) — The Chairman of the House Africa subcommittee, Representative John James of Michigan, introduced a bill requiring the creation of a US national strategy to secure supply chains of critical minerals from Democratic Republic of Congo.
US Bill Aims to Counter China Control of Congo Critical Minerals Read More »
Apple has become the first publicly traded company to close a trading day with a $3 trillion market value. The company’s shares climbed about 2.31% on Friday to a new high of $193.97. This milestone comes after Apple’s stock price has skyrocketed nearly 46% this year.
Apple becomes the first company to close the week with a value of $3 trillion Read More »
Saudi Arabia has made big plays in the world of global sports in an attempt to raise its profile on the world stage.
Saudi Arabian Sovereign-Wealth Fund Offered Over $20 Billion for F1 Last Year Read More »
KKR & Co.’s Henry Kravis said the proposed partnership between the PGA Tour and LIV Golf is the best thing for the sport, bringing an end to the acrimony between the traditional tour and the Saudi Arabia-backed upstart tournament.
KKR’s Henry Kravis Praises PGA Tour-LIV Golf Deal as ‘Best Thing’ for Sport Read More »
Apple is eyeing a 2025 deadline to use 100% recycled cobalt in all Apple-designed batteries.
Also by then, the company wants the magnets in its devices to use entirely recycled rare-Earth elements, and Apple-designed printed circuit boards to use 100% recycled tin soldering and 100% recycled gold plating.
Apple Batteries to Use 100% Recycled Cobalt by 2025 Read More »
The Aramco logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Saudi Arabia’s state-controlled oil giant Aramco posted a record net income of $161.1 billion for 2022, up by 46.5 percent over the year. “This is probably the highest net income ever recorded in the corporate world,” Aramco CEO Amin
Saudi oil giant Aramco posts record $161 billion profit for 2022 Read More »
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