Recent Posts

Startup making diesel from plastic tops $1b value

Bloomberg Quantafuel AS, a Norwegian company turning plastic waste into motor fuels, jumped the most ever in Oslo trading after finally starting operations at its first plant. The company, which was founded in 2014, has more than tripled in value since listing on Oslo’s Merkur Market in February. It’s now valued at more than $1 billion. Quantafuel started production at ...

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Will Navalny attack spur Russia’s protest vote

Regional elections are often dull and predictable. Unfortunately for President Vladimir Putin, the ones in Russia will be neither, when the world’s largest country goes to the polls. The dramatic poisoning of opposition campaigner Alexey Navalny adds to a string of events that will make it harder than ever for the Kremlin to guarantee its desired results. A dress rehearsal ...

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Tesla hype machine looks shaky

At last we have at least a partial explanation for why Tesla Inc’s stock gained 500% this year: Massive bets on high-flying technology shares by SoftBank Group Corp and others using equity derivatives. The extraordinary rise valued Elon Musk’s electric car business at $464 billion at the peak in late August, when only six US companies were worth more. Unfortunately ...

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