Author: Oliver Henderson
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Fossil Fuel Sponsorships in Sports: Examining the Impact and Ethical Concerns
Summary Fossil fuel corporations have allocated a staggering sum of $5.6 billion towards sponsorships in global sporting events, according to a recent report from the New Weather Institute, a prominent climate activism organization. Leading this financial endeavor is Saudi Aramco, the state-owned oil enterprise of Saudi Arabia, which has invested approximately $1.3 billion primarily in…
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The Strategic Imperative to Invest in Mining Technologies for Sustainable Growth
Summary The mining sector currently represents a critical opportunity for investment, particularly regarding the integration of advanced technologies that promise sustainable growth. As nations commit to transitioning to clean energy, the demand for essential minerals is on a significant upward trajectory, anticipated to surge as much as six-fold by 2040 to support renewable energy initiatives,…
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Daikin Industries Invests Rs 1,400 Crore to Enhance Local Manufacturing in India
Summary Daikin Industries, a prominent Japanese air-conditioning manufacturer, has announced a substantial investment of Rs 1,400 crore in its Indian subsidiary, marking its largest capital injection to date. This investment is aimed at bolstering local manufacturing capabilities regarding finished goods and components, as reported by The Economic Times. According to the recent regulatory filings made…
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Infosys Expands Horizons with Strategic Investment in Space Tech Startup GalaxEye
Summary On September 19, Infosys, a prominent player in the global IT services sector, unveiled its intention to invest up to ₹17 crore (approximately $2 million) in the space technology startup, GalaxEye Space Solutions. This strategic move, part of the Infosys Innovation Fund, signifies the company’s foray into the rapidly expanding space tech industry, a…