The president’s son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries for electric vehicles.
Tag: Private Equity
Protesters March Against ‘Greenwashing’ at COP26
As the focus of the Glasgow summit turns to funding, protesters call for greater accountability for companies’ climate promises.
Trump Allies Are Prominent at Saudi Investment Conference
But the Biden administration sent only a deputy commerce secretary to the high-profile gathering, amid shifts in global politics and diplomatic strains.
Yasir al-Rumayyan Missing From Saudi Arabia’s Investment Conference
The unexplained absence of Yasir al-Rumayyan, who oversees the kingdom’s sovereign wealth fund, has highlighted concerns about a lack of transparency.
U.S. Private Equity Investor Detained in Moscow on Fraud Charges
Michael Calvey, founder of one of the biggest and oldest investment firms in Russia, was detained on Friday along with five other.