Tag: BNN
Full episode: Market Call for Monday, November 1, 2021 – Video – BNN
Carsome Sdn., an online used-car marketplace in Southeast Asia, is seeking to raise about $200 million in a funding round ahead of a potential listing in the U.S. …Read the full story
Bitcoin a ‘highly hazardous trade’: PT Asset Management’s Brian Battle
That’s more than one-fourth of the roughly 700,000 New Yorkers that went to the polls in 2013 when Mayor Bill de Blasio won the Democratic primary. …Read the full story
Canadian consumption of cannabis is on the rise: Study
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Expect Israel to legalize rec cannabis in ‘next two quarters’: Chair and ex-Israeli PM Ehud Barak
From aluminum to zinc and everything in between, join BNN Bloomberg’s Andrew Bell for the latest insight into the hot world of commodities and the companies that produce them, including interviews with mineral and mining entrepreneurs from Canada and around the globe. …Read the full story
IRS Expects to Settle ‘Significant Number’ of Green Tax Cases
The Internal Revenue Service headquarters in Washington, D.C., U.S., on Tuesday, April 27, 2021. Hundreds of IRS employees are cracking down on the deals, known as syndicated conservation easements, with 28,000 taxpayers under examination and the agency challenging $21 billion in tax deductions from 2016 through 2018, Rettig told lawmakers last month. Dozens of disputes […]
Garbage May Be $6 Billion Opportunity for Australia Green Push
The coronavirus is undermining global efforts to ease plastic pollution, with lockdown measures curbing recycling activity in South and Southeast Asia, according to a report commissioned by Circulate Capital LLC. A report by the government-backed Clean Energy Finance Corp. Large scale energy-from-waste facilities were seen holding the biggest potential, cutting the amount of trash going […]
Germany Is Selling Its Longest Green Bonds to Build Yield Curve
The sale will help enable Europe’s largest economy to build a full yield curve of such securities, the latest step in the development of the fast-growing market. Europe has emerged as the leader in sustainable debt issuance, surging this year to make up nearly a quarter of all sales in the region. Germany mandated Bank […]
Bitcoin ETF Approval Odds Grow Longer After Gensler Critique
The FSOC discussed cybersecurity and received a presentation from the Office of Financial Research on financial market developments. Freshly sworn-in Securities and Exchange Commission Chairman Gary Gensler told Congress that the cryptocurrency market “could benefit from greater investor protection,” signaling that a long-stated prerequisite for SEC oversight of the industry has not been met. Bitcoin […]
Europe to Clamp Down on Air and Water Pollution Under Green Deal
Vapor rises from chimneys at the Belchatow coal powered power plant, operated by PGE SA, in Belchatow, Poland, on Wednesday, April 28, 2021. The EU plans to use its recovery program to help steer the economy toward cleaner goods and services, reducing the release of pollutants that can cause diseases like cancer and strokes, threaten […]
Bill Gates-Led Fund Invests in European Green Cement Maker
Ecocem Materials Ltd., based in Ireland, is tackling a particularly intractable problem when it comes to lowering greenhouse gases emissions. The vast majority of emissions from cement are linked to the production of clinker—a binding agent that can make up as much as 70% of the final product. The byproduct of steel production that has […]
Canadian Issuer Is Making Its Bitcoin ETF Carbon-Neutral
An engineer uses a laptop computer to run diagnostics on mining rigs at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia, on Thursday, March 18, 2021. The effort comes as critics say Bitcoin’s environmental record has worsened while its price has skyrocketed. Ninepoint, which has about $6.5 billion in assets under management and institutional contracts, […]
UK Grid Installs New Kit to Stop Green Power Going to Waste
When it’s very windy, too much electricity is sometimes being supplied to the network in one place, with parts of the system reaching maximum capacity while others are below their limit. National Grid is installing 48 smart valves on five of its circuits at three substations in northern England, making 500 megawatts of new network […]
UK Grid Installs New Kit to Stop Green Power Going to Waste
When it’s very windy, too much electricity is sometimes being supplied to the network in one place, with parts of the system reaching maximum capacity while others are below their limit. National Grid is installing 48 smart valves on five of its circuits at three substations in northern England, making 500 megawatts of new network […]
Centerra shares plunge as Kyrgyzstan threatens future of Kumtor mine
Centerra Gold Inc. In a release Friday, Centerra said it had become aware of a law passed by the Central Asian nation’s parliament that could allow the country to install “external management” on companies operating in the Kyrgyz Republic under concession agreements, if the state deems the project could pose an immediate threat to human health or life. […]
Bond Fund That Changed Its Ticker to BTC Is Now Switching Back
Portugal is hoping to bolster its reputation as a startup hub in Europe at a time when political instability in Spain’s Catalonia and the U.K.’s decision to exit the European Union are triggering growing interest in the southern European country. That theory gained traction when Grayscale Investments LLC, the company behind the world’s biggest cryptocurrency […]
Bridgewater CFO Dalby Leaving for Bitcoin Services Firm
Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia, on Thursday, March 18, 2021. It offers customers Bitcoin custody, execution and financing and is a subsidiary of $10 billion alternative asset manager Stone Ridge. Dalby has worked at Bridgewater, which manages $150 billion, for less than three years, according […]