Market Moves
General Motors Throws Down in Super Bowl Ad on Electric Vehicles
The company will release 30 new electric vehicles by 2025, though the initial models will not be cheap.
Tag: Davos
Market Moves
General Motors Aims to Be Carbon Neutral by 2040
The pledge comes days after John Kerry and Larry Fink called on the private sector to fight climate change.
Alternatives
News From Davos: New Market Needed for Carbon Removal, Says Top Microsoft Exec
The business of reducing carbon will enjoy the ‘full weight of capitalism,’ Brad Smith argues.
Newsmakers
News From Davos: US Vows to Throw Weight Behind Climate Change Fight
Special envoy John Kerry said ‘we wasted four years’ under the Trump administration.
Market Moves
News From Davos: Larry Fink Tries Rallying Fellow CEOs to Combat Climate Change
BlackRock chief sees ‘tectonic shift’ as enthusiasm mounts for sustainable investments.
Alternatives
Op-Ed: Key Takeaways from Davos on China and ESG in a Post-COVID-19 Era
What should we expect from China’s ESG development in 2021?
Market Moves
News From Davos: Goldman’s Solomon, ECB’s Lagarde Tout Government Stimulus
In Washington, there’s a fight over more relief, as the European Union just passed a huge aid measure.
Asset Management Culture
Breaking News from Davos: China’s Xi Calls for Multilateralism in Keynote Speech
Chinese leader says there is a need to balance COVID-19 responses with economic development.
Risk
Davos Report Says Climate Change Striking Harder than Expected
‘2008-style systemic collapse’ expected if human-caused CO2 isn’t halved in decade.
Risk
Negative Surprises Spurs IMF to Cut Global Growth Forecast
IMF sees few signs of a turning point amid ‘new normal’ of higher uncertainty.
Newsmakers
Stock Market Feels Like 1999’s, Says Paul Tudor Jones
Hedge fund honcho thinks current wacky times could be headed for a popping bubble.
Newsmakers
Guggenheim CIO Calls Recession Fears ‘Overblown’
Scott Minerd says Davos attendees tend to misread the tea leaves.
Newsmakers
Davos Thought Leaders Optimistic on China’s Economy
A slowdown and trade war won’t derail world’s second-largest economy, they say.
Newsmakers
Monetary Policy Keeping Dalio Up at Davos
The founder of the world’s largest hedge fund expresses concerns about interest rates at global annual summit.
Newsmakers
Soros Rips Facebook, Google at Davos
Warns of Orwellian levels of control if more stringent monopoly policies are not applied.