March 2022
China’s EV upstarts are building their own investment powerhouses
The investment game going after automotive startups is getting more competitive in China with not only established venture capital firms joining the fray but also industry veterans. Two mobility-focused funds that recently closed new rounds have the backing of the country’s leading electric car-making upstarts. Rockets Capital, a brand new venture- and growth-stage investment vehicle, […]
Share of Mortgage Loans in Forbearance Decreases to 1.18 Percent in February
WASHINGTON, D.C. (March 21, 2022) – The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 12 basis points from 1.30% of servicers’ portfolio volume in the prior month to 1.18% as of February 28, 2022. According to MBA’s estimate, 590,000 homeowners are in forbearance plans. […]
The Forecast for Battery-Powered Energy Harvesting is Sunny
A real-world example of power generation demonstrates how the combined use of energy harvesting and industrial grade rechargeable Lithium-ion batteries can increase return on investment. Across the Industrial Internet of Things (IIoT), there is a growing demand for battery-powered solutions that combine energy harvesting with industrial grade rechargeable Lithium-ion (Li-ion) cells to power two-way wireless […]
Warwick Restricts Solar Development to Commercial, Industrial Parcels
WARWICK, R.I. — Municipal officials approved new restrictions on solar developments Monday night, capping off a six-month period of public comment and deliberation over the city’s renewable energy regulations and comprehensive plan. Under the new laws, solar developments are restricted to already-developed commercial and industrial parcels and prohibited in residential areas and green spaces. “At […]
Icon: From Physicist To Impact Officer At A $44 Billion Investment Firm
Patents, fusion chambers, particle detectors, and now – alternative real assets. Hailing from the analytical world of physics and engineering, Jill Brosig launched the ESG program at Harrison Street with a fresh perspective focused on measurement and accountability. With $44 billion in assets at stake, Brendan Doherty sits down with Jill to explore the unexpected […]
Should you hurry to refinance student loans? Some borrowers might want to wait.
Not all student loan borrowers need to drop everything and refinance right now. Here’s who should rush to refinance and those who have reason to wait. Even with federal student loans in forbearance and talk shifting to prospects for forgiveness, student loan interest rates still matter — and nothing underlines that point better than the […]
Only energy storage can make Europe ‘truly energy independent’
RePowerEU, the European Commission’s plan to increase energy security and lower dependency on Russian gas imports, needs to focus on pairing renewable energy with energy storage. The argument has been put forward by the European Association for Storage of Energy (EASE) after the European Commission (EC) revealed the RePowerEU strategy earlier this month. The invasion […]
China’s industrial output grows by 7.5% in Jan-Feb 2022
The value-added industrial output of China increased by 7.5 per cent in January and February this year, compared to the previous year, according to official data released by the National Bureau of Statistics (NBS). The high-tech manufacturing sector posted a high growth rate of 14.4 per cent year on year in the first two months […]
Baker Hughes Suspends New Investment In Russia As World’s Biggest Oilfield Services Companies Cut Ties
U.S. oilfield services company Baker Hughes has paused new investments in Russia, it said in a statement Saturday, a day after its two biggest competitors said they were doing so in the wake of Russia’s invasion of Ukraine. Baker Hughes, which generates up to 5% of total sales from Russia, said its board greenlit the decision earlier in the week, but […]
Liz Weston: How buy now, pay later loans could alter credit
Expanding access to credit is a worthy goal. Too many people can’t get a mortgage or an emergency loan at a reasonable rate because they can’t show a solid credit history. They might pay more for insurance or make large security deposits to get utilities or rent an apartment. Recently, the three major credit bureaus […]