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'Step-change' in energy investment needed to meet climate goals: IEA
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.
Indonesia Q1 GDP growth misses forecast as investment cools
Indonesia’s economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum.
Brexit tech investment stall threatens UK talent pool, says TLA
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).
Planned $4.9tn oil and gas investment ‘not compatible with climate goals’
A planned investment of $4.9 trillion (£3.8tn) in global oil and gas exploration and extraction over the next decade is incompatible with international climate obligations.
Uber's self-driving unit valued at $7.25b in new investment
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.
Deputy: AFTZ attracted about $620m by March 2019
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 interested in more investments in Iran
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 ‘rolls out red carpet’ for investors
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.
Indian operator to invest over $500m in Chabahar
The Indian operator (IGPL) of Iran's southeastern port of Chabahar is planning to invest $500 million over the next 10 years in the port, the representative of the Iranian partner of IGPL said.
CEO: Investments in AFZ grew 29% in 10 months
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.
Foreign businesses fret as China fasttracks investment law
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.
AIIB, concerned about investment slip, willing to scale up
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.
China cuts local government debt costs to spur investment
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.
Japan, not China, may be winning Asia's infrastructure investment contest
Before China began courting Southeast Asia with infrastructure investments through its Belt and Road Initiative, Japan was the region's top development financier.

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