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Lionel Messi’s clothing line swings again

  Bloomberg MGO Global Inc., the manager of a clothing and lifestyle brand for football star Lionel Messi, is encountering another high-volume wave of price swings in the first day since its volatile debut. Retail traders have been actively discussing MGO Global in online forums. The stock is among the 15 most-traded assets on Fidelity’s platform in New York and ...

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Clean energy sets $1.1trn record in 2022 that’s bound to be broken

Bloomberg Last year was a double milestone for decarbonising the world’s energy system. It was the first year when investment in the energy transition equalled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. The money flowing into the upstream, midstream and downstream segments of oil and gas, and into fossil fuel-fired ...

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Indonesia’s $20bn deal to cut coal not enough: Ember

Bloomberg A landmark $20 billion deal to help fund Indonesia’s transition away from coal isn’t enough to put the country on track to meet global climate goals, according to energy think tank Ember. The Just Energy Transition Partnership (JETP) brokered last year between Indonesia, the US and Japan caps the archipelago’s power sector emissions at 290 million tons by 2030 ...

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