BlackRock CEO Larry Fink said a “fundamental reshaping of finance” is underway as issues like climate change "become a defining factor in companies’ long-term prospects."
The recent stock increases bring Tesla’s market capitalisation to about US$94.6 billion, which is more than General Motors and Ford combined.
Here's a fact - every stock market in the entire world rose in the past 12 months, in stark contrast to the decline in stock markets in the previous year.
After his latest sale filed with the US Securities and Exchange Commission on 18 December, 43-year-old Kalanick still owns more than 8.2 million shares worth about US$250 million, which is less than 10% percent of his original stake.
In Europe, Insignia claims to have about 800 clients. In the US, it has about 50 clients and aims for a maximum of 300 to 500. At least 20% to 25% of its US customers are billionaires.
Turkey's President Recep Tayyip Erdogan has set an ambitious target of 5% domestic product growth for 2020 and wants the official interest rate to be in single figures next year.
The lowest-priced deposit box at IBV International Vaults is only 5cm high, 16cm wide and 49cm deep. It costs UK£600-a-year-to rent and an entire room can be hired for UK£2.5m a year.
Bezos gave US$97.5 million to organisations fighting homelessness through 24 organisations in 16 states last year. This year he donated an extra million dollars to the cause and increased the number of recipients.
Alibaba Group CEO Daniel Zhang: “As a result of the continuous innovation and changes to the Hong Kong capital market, we are able to realise what we regrettably missed out on five years ago. Today, we realised what we said then: ‘When conditions allow, we will come back to Hong Kong.’”
Since the AUSTRAC scandal broke, the Westpac board held at least two board meetings with Australian Prime Minister Scott Morrison demanding the board show some accountability.