Tag Archives: net

The global net-zero goals set out by the Paris Agreement are still within reach — but achieving them will require a $100 trillion investment, according to a new report by BNY Mellon Investment Management and Fathom Consulting. That amount equates to around 15% of all global investment or 3% of global GDP over the next 30 years in order to achieve net zero emissions by 2050 and limit warming to 2 degrees Celsius or below, per the Paris Agreement Accord established in 2015. And the more… Source link

President Donald Trump will be deposed today as part of the New York attorney general’s civil investigation into his business practices after he spent months trying to delay the questioning, according to multiple news reports. Trump posted about the deposition on his social media site, Truth Social. “Seeing racist N.Y.S. Attorney General tomorrow, for a continuation of the greatest Witch Hunt in U.S. history!” he wrote. That office is looking into whether Trump and his children lied about the… Source link

Facebook parent company Meta (META) reported its Q2 2022 earnings after the closing bell on Wednesday, falling shy of analysts’ expectations, and missing by a wide margin on its Q3 revenue forecasts. The quarter also marked the first year-over-year revenue decline for the social media company. Net income also fell 36% year-over-year. Here are the most important numbers from the report versus what analysts were expecting, as compiled by Bloomberg. Revenue: $28.8 billion versus $28.9 billion… Source link

You could be a landlord for Amazon, FedEx and Walmart with these simple REITs that net up to a 4.4% yield Being a landlord is one of the oldest ways to earn an income stream. And these days, you don’t have to buy a house to get a piece of the action. Check out real estate investment trusts, which are publicly traded companies that own income-producing real estate. REITs collect rent from their properties and pass it along to shareholders in the form of dividends. That means investors don’t… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, April 4, 2022 “Cash is trash,” billionaire Ray Dalio told me in a chat recently (more on that below). And he may be right as it pertains to the current investing backdrop. Cash allocations are almost two times more than last year’s levels, according to new data out of Bank of America. The data looks at the average recommended allocation to… Source link

The legalization of sports betting across the country didn’t stop people from wagering a record amount of money on the Super Bowl this year. Nevada’s Gaming Control Board said Monday that nearly $180 million was wagered on the Los Angeles Rams’ 23-20 win over the Cincinnati Bengals. The $179.8 million wagered is a state record and easily eclipses the previous record set four years ago. The 2022 Super Bowl was essentially the first mainstream sports betting Super Bowl in American history…. Source link

MOSCOW, Oct 27 (Reuters) – Russian internet giant Yandex on Wednesday reported an 82% year-on-year drop in third-quarter adjusted net income, in part due to investments in e-commerce, but raised its 2021 group revenue forecast to 340-350 billion roubles ($4.84-$5 billion). Yandex, which is spending $650 million on an e-commerce drive this year, said gross merchandise volume (GMV) for its e-commerce businesses jumped 214% year-on-year to 41 billion roubles. Adjusted net income fell to 1.34… Source link

MOSCOW (Reuters) – Russian internet giant Yandex on Wednesday reported a 34% rise in second-quarter adjusted net income compared with a year ago and raised its 2021 group revenue forecast to between 330 and 340 billion roubles ($4.49-$4.63 billion). Yandex, which is spending $400-500 million on an e-commerce drive this year to tap into surging demand for online services during the pandemic, said gross merchandise volumes for its e-commerce businesses jumped 155% to 35.1 billion roubles… Source link

Bloomberg Reluctant Emerging Asia Could Delay Rate Hikes Until 2022 (Bloomberg) — Emerging Asia’s central banks are expected to opt for supporting their economic recoveries rather than tackling volatile price swings this year.All eight emerging Asian economies, including India and Indonesia, are seen holding benchmark interest rates steady through 2021, according to the median forecasts from Bloomberg surveys of economists.Higher real interest rates will allow some of Asia’s central banks… Source link

Bloomberg Record Alibaba Fine Shows China’s Big Tech Can’t Fight Back (Bloomberg) — After China imposed a record antitrust fine on Alibaba Group Holding Ltd., the e-commerce giant did an unusual thing: It thanked regulators.“Alibaba would not have achieved our growth without sound government regulation and service, and the critical oversight, tolerance and support from all of our constituencies have been crucial to our development,” the company said in an open letter. “For this, we… Source link