Europe overtook China in 2020 to become the world’s largest market for electric vehicles, amid a pedal-to-the-metal push to increase EV adoption from governments and supercharged demand from consumers. The registrations of new electric vehicles topped 1.33 million in the key European markets last year, compared with 1.25 million in …
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Getty Images “ ‘The United States is at a tipping point in which it could go from manageable internal tension to revolution and/or civil war.’ ” That’s Ray Dalio, the billionaire founder of Bridgewater Associates, sounding the alarm in his latest LinkedIn post on the class and power struggles that …
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Nicolai Tangen, CEO of Norges Bank Investment Management, which runs Norway’s oil fund. hakon mosvold larsen/Agence France-Presse/Getty Images The boss of Norway’s $ 1 trillion oil fund has said it should sell out of more companies that perform badly on environmental, social and governance (ESG) issues, to increase its returns. …
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Melbourne, which had been named the “world’s most livable city” for seven straight years before being beaten out by Vienna in 2018, won’t be feeling quite so livable for the next six weeks. Australia’s second-biggest city faces strict lockdown measures as the state of Victoria saw another record spike in …
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The era of coronavirus has already been hard on the American psyche, but the CEO of the world’s largest asset manager cautions that everyone should brace for even rougher days ahead, as the U.S. attempts to emerge from the worst public-health crisis in more than a century. BlackRock’s Chief Executive …
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The world’s second largest ticket seller, Eventim EVD, +1.84%, is withholding millions of euros of ‘processing fees’ from fans seeking refunds for events canceled due to the coronavirus. The German-listed company sells tickets to concerts from the Red Hot Chili Peppers to Iron Maiden. Based on several refunds, reviewed by …
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“ ‘We have done what very few countries have been able to do. We have stopped a wave of devastation.’ ” That’s New Zealand Prime Minister Jacinda Ardern claiming a win against the coronavirus in an address to the nation on Monday from capital city Wellington. Kiwis, she said, will …
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‘We didn’t know how to navigate the virus and chose not to because we didn’t think we had an edge in trading it. So, we stayed in our positions and in retrospect we should have cut all risk.’ Ray Dalio Ray Dalio’s deft navigation of the financial crisis 12 years …
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