Global miner BHP Group Ltd said on Thursday it had been unable to sell its New South Wales Energy Coal (NSWEC) thermal coal unit and would now run the operation for another eight years before shutting it down. BHP has been reviewing its options for NSWEC, which includes the Mt Arthur coal mine near Muswellbrook, for the last two years, but did not receive a viable… Continue reading BHP fails to find buyer for Australian coal project, to run for 8 years and shut
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Norway wealth fund puts Malaysia’s Supermax Corp under the scanner
Norway‘s $1.2 trillion wealth fund put Malaysia’s Supermax Corp under observation for two years on Wednesday, citing unacceptable risk that the company contributes to serious violations of human rights. “The Executive Board has made the assessment that the company’s announced measures to improve living and working conditions for migrant workers leave uncertainty about future developments,” the fund said in a statement. The fund added it has also revoked… Continue reading Norway wealth fund puts Malaysia’s Supermax Corp under the scanner
Malaysia’s Petronas launches clean energy firm for carbon-free push
Malaysia’s Petronas on Thursday announced the establishment of a new clean energy solutions company, Gentari, as part of a global push by the state oil firm to produce carbon–free energy. Petronas, the world’s fourth-largest exporter of liquefied natural gas (LNG), in 2020 said it was stepping up investments in hydrogen and expanding its portfolio in renewable energy. Wholly-owned by Petronas, Gentari has been tasked with helping deliver renewable energy,… Continue reading Malaysia’s Petronas launches clean energy firm for carbon-free push
Samsung Wallet is back to organize your ID, keys, and crypto
First, there was Samsung Wallet. Then it became Samsung Pay. Now, because time is a flat circle, Samsung is bringing the Wallet app back — basically, bringing a lot of existing Samsung services into one app. And this time, there’s crypto! The new Samsung Wallet is available today, and it will take the place of… Continue reading Samsung Wallet is back to organize your ID, keys, and crypto
Chain.io Raises $11M in Series A Financing
Chain.io, a Philadelphia, PA-based supply-chain-specific, cloud-based integration platform, raised $11m in Series A funding. The round was co-led by Fontinalis Partners and High Alpha, with participation from Mercury, Grand Ventures, Eve Atlas and Waybury Capital. The company intends to use the funds to continue growing its network, adding more native connectivity to transportation and supply… Continue reading Chain.io Raises $11M in Series A Financing
Japan-focused SPAC Pono Capital Two files for $100m US IPO …
Pono Capital Two, a special purpose acquisition company (SPAC) that focuses on the disruptive technology sector in Japan, has filed with the US Securities and Exchange Commission (SEC) to raise up to $100 million in an initial public offering (IPO). The blank cheque company, led by CEO and director Darryl Nakamoto and chairman Dustin Shindo,… Continue reading Japan-focused SPAC Pono Capital Two files for $100m US IPO …
Data Vantage: Flip, Bazaar, GrabInvest and Marketnode rake in capital, and other updates
Indonesian consumer payment platform Flip announced the second close of its Series B round this week at $55 million. Lead investor Tencent Holdings contributed 430.8 billion rupiah to the round, according to the company’s latest filing with the Indonesian authorities seen by DealStreetAsia – DATA VANTAGE. That translates to $29.4 million if we use Bank Indonesia’s… Continue reading Data Vantage: Flip, Bazaar, GrabInvest and Marketnode rake in capital, and other updates
Clean Technica: Should Congress Lift The 200,000 Sales EV Tax Credit Cap?002049
Chief executive officers from the 4 largest US automakers have banded together and have asked Congress to remove the current EV tax credit cap. The CEOs sent a letter which asks Congress to renew the tax credit system that currently gives EV buyers $7,500 but ends when each carmaker reaches 200,000 vehicles in sales. The… Continue reading Clean Technica: Should Congress Lift The 200,000 Sales EV Tax Credit Cap?002049
Dr. Fauci Catches COVID for the First Time
Image by Alex Wong/Getty Images COVID-19 comes for us all — even for the United States’ top medical expert, Dr. Anthony Fauci, who publicly announced today that he’s finally contracted the novel coronavirus for the first time since the pandemic began. In a statement, the National Institutes of Health said that Fauci, who heads the… Continue reading Dr. Fauci Catches COVID for the First Time
Wake Up Better Every Morning With These Alarm Clocks
When “just five more minutes” turns into you trying to make it to work on time, it might be time to take a long, hard look at your morning routine. If you’re interested in a better way to wake up, you might want to start with the thing that wakes you up every morning: your… Continue reading Wake Up Better Every Morning With These Alarm Clocks