Fisker Automotive Inc., whose $103,000 plug-in hybrid car was driven by celebrities including Justin Bieber, filed for bankruptcy with plans to be acquired by a group said to include Richard Li, son of Hong Kong’s richest man.
China’s stocks rose, with the benchmark index for mainland companies in Hong Kong surging the most since December 2011, after the government pledged to ease the one-child policy and boost private investment as part of the biggest package of economic reforms since the 1990s.
Israel’s program to break the country’s dependence on oil for transportation may add more than a percentage point each year to national output by offering cheaper fuel alternatives, a government official said.
The United States has no national tax or price on carbon dioxide pollution. That doesn't mean it doesn't cost investors anything there or elsewhere, says former Vice President Al Gore. He and David Blood, co-founders of Generation Investment Management, this morning published a new paper explaining the evolution of their thinking on "sustainable capitalism," and how investors can lessen their financial risks from climate change. Gore and I spoke on Oct. 17.
Warburg Pincus LLC, the private- equity firm that helped discover Ghana’s largest oilfield, plans to raise its first fund that is dedicated to global energy investments, according to two people familiar with the matter.
A murder mystery set in a tuxedoed 1930s enclave of London’s jazz-besotted aristocrats, the British miniseries “Dancing on the Edge” makes one thing emphatically clear: Chiwetel Ejiofor’s star-making performance in “12 Years a Slave” is no fluke.
Shanghai, which inaugurated a free trade zone last month and is targeting to become a global financial center, is studying whether to impose a traffic congestion charge as part of a broader plan to fight pollution.