An equal amount of money has been put into fossil fuels and green energy.

According to a research released on Tuesday, investment in cleaner energy has surpassed $1 trillion for the first time ever, putting it on the cusp of surpassing spending on fossil fuels for the first time ever. Despite this achievement, Bloomberg NEF finds that investment in energy transition te...

MACKENZIE SCOTT GIVES AWAY MORE THAN $4 BILLION IN 4 MONTHS

Highlights

• According to the Bloomberg Billionaires Index, the wealth of Mackenzie Scott surged $23.6 billion this year to $60.7 billion courtesy of Amazon's stock going up

• Scott in her latest blog post said she had asked her team to figure out how to give awa...

NOT BILL GATES, BUT ELON MUSK IS THE SECOND RICHEST MAN ON THE PLANET

Highlights

• The net worth of Musk jumped $7.2 billion on Monday to $127.9 courtesy of yet another surge in price of Tesla’s shares

• Musk's advancement in terms of wealth is majorly driven by Tesla, whose market value is speedily inching towards the $500 b...

U.S. ECONOMY ADDED 638,000 JOBS IN OCTOBER

Highlights

• Despite rise in the coronavirus cases, the US labor market managed to add 638,000 jobs in the month of October beating forecasts

• Meanwhile the U.S. unemployment rate went down to 6.9 percent from 7.9 percent and currently stands at roughly half of the ...

$44 BILLION: THE AMOUNT LOST BY WORLD’S TOP TECH TYCOONS ON THURSDAY

September 3, 2020 was one of the worst trading day in last few months and this has immensely affected the wealth of the world’s top 10 tech billionaires. Courtesy of disastrous trading, these world’s top tech tycoons lost nearly $44 billion.
Despite COVID-19 pandemic and econom...

MUKESH AMBANI: THE NEW 4TH RICHEST MAN IN THE WORLD

Highlights

• Mukesh Ambani displaced France's Bernard Arnault, the Chairman, Chief Executive of LVMH Moet Hennesy-Louis Vuitton SE

• As per the Bloomberg Billionaires Index, the net worth of Mukesh Ambani is $80.6 billion

• The net worth of Mukesh ...

NOT LARRY PAGE BUT MUKESH AMBANI IS THE 6TH RICHEST MAN IN THE WORLD

Highlights

• According to the Bloomberg Billionaires Index, the real-time net worth of Mukesh Ambani is $72.4 billion.

• The flurry of investments witnessed by Reliance Jio Platforms has immensely benefited the wealth of Mukesh Ambani as owns stake of 42 percent in R...

ASIA’S RICHEST MAN MUKESH AMBANI IS NOW OFFICIALLY RICHER THAN WARREN BUFFETT

Highlights

• According to the latest Bloomberg Billionaires Index, the head honcho of Reliance Industries Limited is now worth $68.3 billion, while the 89-year old Warren Buffett is worth $67.9 billion

• Warren Buffett, the man also known as the Oracle of Omaha had r...

MUKESH AMBANI'S RIL IS THE FIRST INDIAN COMPANY TO HAVE MARKET VALUATION OF $150 BILLION

Highlights

• In Indian currency, the valuation of Reliance is more than Rs 11 lakh crore

• The stocks of RIL have been heavily boosted by the announcement of RIL becoming net-debt free and Mukesh Ambani jumping to the ninth spot in the list of World’s top 10 ri...

ASIA’S RICHEST MAN MUKESH AMBANI IN THE LIST OF WORLD’S 10 RICHEST

Highlights

• Mukesh Ambani went past Oracle Corporation's Larry Ellison and France’s Francoise Bettencourt Meyer to claim the No. 9 spot

• At present, Mukesh Ambani's net worth stands at $64.5 billion

• The investment spree witnessed by R...

GERMANY RANKS FIRST IN THE BLOOMBERG INNOVATION INDEX FOR 2020

In the 2020 Bloomberg Innovation Index, Germany stood in the first place. It broke South Korea's six-year winning streak.

The annual Bloomberg Innovation Index is in its eighth year. This year, analysis was based on seven metrics. There were dozens of criteria under these metrics. I...

Billionaire Michael Bloomberg (D) spent more than $155 million on political campaigning on television

Billionaire Michael Bloomberg (D) spent more than $155 million on political campaigning on television in 2019 –millions more than Tom Steyer (D), according to Ads Analytics data.

Since making a late entrance into the 2020 campaign and launching a multi-million dollar promotio...

The US market the main target for Vietnam’s VinFast

VIETNAMESE Auto Startup VinFast plans to invest in the lucrative United States automotive industry up to US$ 2 billion. The richest man and billionaire in Vietnam, Pham Nhat Vuong, who manages the new automaker, wants to export electric vehicles in 2021 to the United States so much that he uses h...

Protest by Google Workers for ‘Brute Force Intimidation’

Google is known for its open corporate culture and workers always say that they are blessed to be a part of such an employee friendly organization. This always sounded true until recent ‘Brute Force Intimidation’ came up. On Friday, at 11 am, around 200 workers gathered outside Google...

Banks try to dominate the Asian market

The banking sector of the United States has been in the news for major changes that it has been making. It was a brazen campaign to win business in China by charming and enriching the country's political elite.

The bank gave a Chinese president a crystal tiger and a Bang & Olufs...