Not too long ago, green investing was associated with a warm moral glow, but it wasn't mainstream--not by a long shot. Increasing climate awareness, a growing shift in policy, and investors demanding socially and environmentally conscious options is transforming this, however, and while it still may not be mainstream, it's working rather quickly toward mega-trend status. It's called ESG (environmental, social, and governance) investing, and since its launch in 2007, it's gone from a nice-to-have to a must-have in the hedge fund industry.
Nigeria has been described as a natural gas territory with some crude oil reserves but the lack of a market-driven pricing mechanism, clear legal framework and gas sale agreements have discouraged investments and depressed gas supplies. Nigeria has around 202 trillion cubic feet (Tcf) of proven gas reserves plus about 600 Tcf unproven gas reserves, [...]
It will commence construction in December 2020 with completion scheduled for end of April 2022. The post Warburg-backed ESR to invest $245m to develop Japan logistics facility appeared first on DealStreetAsia.
PS7.5m heads to Orsted, Phillips 66 and IMT in largest element of PS90m heavy industry and homes emission-busting Government pot.
Last year was a bumper one for Asia's commercial real estate investment market. According to a report published by JLL last week, transaction volumes surged to an all-time high of US$169 billion, a 6 per cent rise year on year, compared with a 4 per cent increase globally and a 5 per cent decline in Europe, where Brexit-related uncertainty weighed on sentiment. Among the world's 10 most actively traded property markets, four - Seoul, Tokyo, Shanghai and Singapore - were in Asia. The region is...
Formed in 2011, Flywire is a Boston-based vertical payments startup. The company raised US$ 120 million in a Series E round led by Goldman Sachs Group. Other investors in this round include Tiger Management, Adage Capital Management, and existing investor Temasek Holdings. Flywire claims to have processed over US$ 12 billion in total payments. Flywire [...]
By Christoph Steitz, Tom Kackenhoff, Arno Schuetze and Edward Taylor. : FRANKFURT/DUESSELDORF, Germany (Reuters) - Germany's Thyssenkrupp has shortlisted two private equity consortia in the sale of its 16 billion euro ($17 billion) elevator unit, dealing a blow to Finland's Kone, which withdrew from the closely watched deal. Potentially Europe's biggest private-equity deal in 13 years, the transaction is now in its last stages and could come to a head next week when Thyssenkrupp's supervisory board is scheduled to meet.
Robots have arrived on Wall Street, and humans need to learn how to work with them. JPMorgan Chase & Co. is rolling out virtual assistants to maintain help desks, track errors and route inquiries. A Bank of America corporate client made a $1.6 billion payment by mobile phone. AllianceBernstein Holding LP's robot, Abbie, can gather 4 million data points a day and execute bond trades directly with counterparty bots. U.S. banks could axe an estimated 200,000 jobs over the next decade with bank.
SEATTLE, WA, Esper announced a $7.6 million Series A investment round led by Madrona Venture Group.
The Trump administration's crackdown has already prompted foreign firms to shun American components and technology over concerns that access to parts they need could be abruptly cut off.