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Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.

Goldwind 2024 revenue up 12.5%

The clean energy giant posted $7.8bn in revenue for 2024.

Emaar to pay $2.39bn dividend

The company had posted $19bn in property sales for 2024.

Morgan Stanley alum to raise $600 m for clean energy funds

    • Founded by Ahmad Atwan, VC Fuel intends to raise $100m for debut venture fund and seek $500m for an infrastructure vehicle

    • Plans to invest in companies that at scale can remove 500m tons of carbon per year

    Founded by Ahmad Atwan, a former Morgan Stanley managing director, VC Fuel intends to raise  $100 million for its debut venture fund and intends to seek about $500 million for a separate infrastructure vehicle, reported Bloomberg, citing a person with knowledge of the matter.

    “We aim to invest in companies that at scale can remove 500 million tons of carbon per year, which is roughly equivalent to 1 percent of global carbon emissions,” Atwan said in the statement.

    The Houston-based company will invest in companies that help drive the transition to lower-carbon energy, such as renewable fuels, hydrogen, electric vehicles, carbon capture and storage, clean agriculture and sustainable manufacturing, among other areas. It will also invest in related infrastructure, Atwan said in an emailed statement.

    “We believe this ambitious decarbonization goal goes hand in hand with making highly profitable, sustainable investments,” he said.