The world must double spending on renewable power and slash investment in oil and coal by 2030 to keep the Paris climate treaty temperature targets in play, the International Energy Agency (IEA) said Tuesday.
A lack of investment in technology companies as a result of Brexit has damaged London’s reputation in the sector and threatened the UK’s talent pool, according to research by Tech London Advocates (TLA).
Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corp, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.
The Aras Free Trade Zone (AFTZ) attracted $540.71 million and $78.74 million (a total of 619.45 million) in domestic and foreign investments, respectively, in the year to March 2019, said a deputy head of the AFTZ organization.
China is looking for a way to increase trade with Iran and make investments in the country, said the chairman of China International Contractors’ Association (CHINCA), which has a 23-percent share of the world’s investments.
Iran is ready to carry out full cooperation with China under the Belt and Road Initiative (B&R), Iranian Minister of Economic Affairs and Finance Farhad Dejpasand said in an exclusive interview with Global Times, adding that high-level Iranian delegates will attend the 2nd Belt and Road Forum for International Cooperation (BRF) next month in Beijing.
Despite unilateral US unilateral sanctions on Iran, Aras Free Trade Zone (AFZ) in northwest Iran attracted investments totaling $285.71 million in various sectors during March 21, 2018-January 20, 2019, indicating a growth of 29 percent compared to the figure for the same period of the previous year.
China is fast-tracking a foreign investment law at an unprecedented pace to meet Washington's demands on trade, but businesses fear that time to review and raise objections on a crucial piece of legislation has been cut short.
The Asian Infrastructure Investment Bank (AIIB) is concerned that a downward trend in project finance could continue as challenging economic and geopolitical conditions make investors more cautious, the bank’s vice president of policy and strategy said.
Chinese regulators have cut the premium that local governments must pay to issue debt, sources with direct knowledge of the matter told Reuters on Tuesday, lowering their borrowing costs as Beijing hopes to kick start investments and shore up growth.