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European nations get serious about buying LNG from US

Bloomberg European nations are far behind Mexico and China when it comes to receiving liquefied natural gas from the US, but the region is making its biggest effort to date to change that. European Commission trade officials will travel to Washington on August 20 to follow up on an energy agreement last month between the Commission’s President Jean-Claude Juncker and ...

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Saudi fund PIF in talks to invest in Tesla buyout deal

Bloomberg Saudi Arabia’s sovereign wealth fund is in talks that could see it becoming a significant investor in Tesla as part of Elon Musk’s plan to take the electric car maker private, according to a person with direct knowledge of the fund’s plans. The Public Investment Fund (PIF), which has built up a stake just shy of 5 percent in ...

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The battery boom could end up burning some investors

Bloomberg Some of the latest battery technologies may become obsolete before reaching the market because of the breakneck pace of advances in the industry. Teams of scientists from San Francisco to Shenzhen are experimenting with new chemical processes to improve the traditional lithium-ion cell and find new ways to bottle up electricity for use at another time. Investors in those ...

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