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China's hottest investment: overpriced sneakers

Shanghai - Forget stocks, real estate, even cryptocurrencies -- China's hottest investment nowadays may be the Nike, Adidas, and Puma basketball shoes that "sneakerheads" like Hu Huaiyuan fight to get their hands on.

Alberta scraps production limits to encourage more oil drilling

Edmonton - The Government of Alberta, Canada, is now allowing curtailed operators to drill new conventional oil wells without being restricted by production limits. Existing producing wells will remain under curtailment.

Saudis scramble to raise cash for Aramco share sale

Apo - From tapping lenders to selling personal assets, Saudis are scrambling to raise cash to invest in Aramco stocks after the oil giant announced its blockbuster market debut even as it offered few listing details.

Saudi 'Davos in desert': Glitz, smiles, hidden name cards

Apo - Wall Street titans smiled and schmoozed at a Saudi investment conference widely shunned last year over a critic's murder, but as wariness lingers some delegates kept their name cards discreetly out of sight.

Global leaders, tycoons attend Saudi 'Davos in desert'

Apo - Top finance moguls and political leaders attended a Davos-style Saudi investment summit on Tuesday, in stark contrast to last year when outrage over critic Jamal Khashoggi's murder sparked a mass boycott.

Top executives expected at Saudi 'Davos in desert'

Apo - Top finance executives and political leaders have converged on Saudi capital Riyadh for a Davos-style investment forum, in stark contrast to last year's mass boycott following the murder of dissident journalist Jamal Khashoggi.

Saudi hosts 'Davos in desert' as outrage fades over critic's murder

Apo - Dozens of global policymakers and tycoons will attend a Saudi investment summit starting Tuesday, helping the kingdom turn the page on a critic's murder that triggered a mass boycott last year.

US's Mnuchin to attend Saudi event a year after Khashoggi murder

Washington - Treasury Secretary Steven Mnuchin will lead an American delegation to Saudi Arabia's annual financial conference, a year after widespread boycotts of a prior event over the murder of dissident journalist Jamal Khashoggi.

Carbon capture may go down in defeat as wind power takes hold

Fossil fuel stakeholders are leaning on carbon capture to keep coal and other fossil fuels relevant, but the technology has yet to prove itself commercially. However, renewable energy technologies are surging globally, and at competitive prices.

Philippine military warns on Chinese investment in key islands

Manila - The Philippine military on Tuesday warned plans by President Rodrigo Duterte's government to allow Chinese investors to develop three tiny but strategic islands could "compromise" Manila's security.

Consumer-products companies waste 60% of DX investments: Survey

With consumer-products, a new report finds that close to $50 billion invested annually in digital advertising and trade spend is failing to drive positive return-on-investment. This drawn from a AlixPartners survey.

Microsoft announces it will invest $1 billion in OpenAI

Microsoft today announced that it would invest $1 billion in OpenAI, the San Francisco-based AI research firm co-founded by CTO Greg Brockman, chief scientist Ilya Sutskever, Elon Musk, and others.

Taiwan rejects HK firm's skycraper bid over China 'security concerns'

Taipei - Taiwan has vetoed a $2 billion bid by a Hong Kong-led consortium to build a twin skyscraper in Taipei citing national security concerns, arguing the company is too heavily influenced by mainland China.

Taiwan rejects HK firm's skycraper bid over China 'security concerns'

Taipei - Taiwan has vetoed a $2 billion bid by a Hong Kong-led consortium to build a twin skyscraper in Taipei citing national security concerns, arguing the company is too heavily influenced by mainland China.

Wind and solar to make up 50 percent of energy mix by 2050

A stunning new report released on Tuesday reveals that renewables are now the cheapest form of new electricity generation across two-thirds of the world - cheaper than both new coal and new natural gas power.

Oilpatch pinning hopes on Trans Mountain Pipeline

Calgary - As excitement builds in the oilpatch over the pending approval of the Trans Mountain Pipeline by the Liberal government, a former Liberal environment minister is urging Prime Minister Trudeau's cabinet to reject the Trans Mountain pipeline expansion.

US dominates global tech investment

The latest figures relating to technology investment signal that the U.S. continues to dominate the global financial chain, whereas within Europe, despite the Brexit process, it is the U.K. that remains the main player.

Q&A: Why contractors are adopting IoT technology Special

Contractors are turning to Internet of Things adoption in order to seek lower costs such as potential savings from reduced deductibles and fewer claims, greater employee productivity, and improved safety records.

EU firms 'caught in crossfire' of US-China trade war

Bejing - European firms are "caught in the crossfire" of the US-China trade war and fewer are optimistic about their future in the world's second-largest economy, a business survey showed Monday.

GM invests $300 million in Orion Assembly Plant, adds 400 jobs

Less than a week after a series of critical tweets from the president over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a new electric vehicle at a factory north of Detroit.

EU sets out 10-point plan to rebalance China ties

Apo - The EU on Tuesday set out a 10-point plan aimed at rebalancing relations with Beijing as fears grow about Chinese investment and influence on critical infrastructure, including new communication technology.

U.S. cannabis investors need to keep an eye on banking access

U.S. Federal regulations currently prevent banks from building relationships with cannabis businesses in legalized states.

Microbiome fund Health for Life Capital II hits first close

Health for Life Capital II™, which is the second iteration of one of the first microbiome-focused funds, has announced its first close after attracting $200 million in investment. The fund will support microbiome related medicinal research.

$400 billion climate investment plan for Sahel region

Niamey - Heads of state of 17 countries in the Sahel region of Africa will hold a summit on Monday in Niamey to approve a climate investment plan worth $400 billion over 12 years, the Niger government said Wednesday.

Chinese tech giant Tencent to invest $150 million in Reddit

Although Reddit is banned in China, the popular discussion platform is set to receive $150 million in investment from the Chinese technology giant Tencent.

Amazon eases into self-driving tech, joining Aurora funding surge

Self-driving car start-up Aurora announced Thursday that it has raised more than $530 million in funding, from investors including Amazon, Sequoia, T. Rowe Price, and the investment arm of energy giant Shell.

What do Twitter’s latest earnings mean? Special

Twitter has announced its fourth-quarter earnings, following on from Facebook and leading technology companies like Apple. The earnings show a big drop but the signs are that the immediate future looks bright for the social media site.

Brewing a cannabis alternative — the rise of beverages Commissioned

The following story is sponsored content from Tidal Royalty. The development of cannabis beverages continues to capture the attention of investors, and business leaders within the industry see a lot of potential in the space.

Where next for Apple following drop in earnings? Special

Apple has indicated that it may need to lower iPhone prices in order to address a disappointing set of financial results and a resultant dip in the company’s share price. Investing.com Senior Analyst, Haris Anwar provides commentary.

OurCrowd launches investment in global cannabis technology fund

Israeli-based OurCrowd and U.S.-based 7thirty Opportunity Fund have come together to to invest in early-stage companies aimed at applying new technology to the cannabis industry.
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Prime Minister Stephen Harper announces agreement that will facilitate investment flows between Cana...
Prime Minister Stephen Harper announces agreement that will facilitate investment flows between Canada and China
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Interior of NatWest Castle Street, Liverpool
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Beijing set to invest heavily in South American infrastructure and other projects
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Southern Fried chicken  made in the laboratory using a new technology.
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Investments in hydrogen storage technologies is growing. Shown here is a High power Ni-MH Battery used in the Toyota NHW20 Prius.
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