(Bloomberg) — Occupying the top three floors of an unremarkable office building in northern Mumbai, there’s little to distinguish Shreya Life Sciences from the many other commercial businesses that keep the Andheri neighborhood of India’s largest metropolis humming throughout the day.But this inconspicuous pharmaceutical company is part of a lucrative trade in leading-edge technology to Russia that has the US and its European allies worried at India’s burgeoning role as an intermediary in the sales.A Bloomberg News analysis of data compiled by trade-tracking firms ImportGenius and NBD shows that Shreya exported 1,111 units of Dell Technologies Inc.’s most-advanced servers to…
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So far, small forests have also not generated piles of money for the small forest landowners. It’s not a big deal for the Christensen’s who don’t rely on timber revenue for income, but for small forest owners who do, carbon companies have to make the case that the sale of credits could one day counterbalance some of the lost revenue from reducing or ending logging. Until carbon credits are worth significantly more than the $6.50 that each one fetches on the voluntary market today, or the $30 to $40 the regulatory markets command, the companies have to make an appeal…
America is awash in taxpayer-sponsored road safety research, a new study finds — but that ocean of studies isn’t always translating into solid guidance that actually saves lives.In a sprawling new report from the National Academies of Sciences — a nongovernmental organization established under President Abraham Lincoln to advise the government on its scientific priorities — a committee of experts spent two years digging into why the American road safety crisis continues to escalate, even as publicly funded researchers release new insights into how to solve it almost every day.Nearly 43,000 people lost their lives on U.S. roads in 2022 alone, even…
Nissan, the Japanese automotive giant, is making significant strides in the American market. By implementing strategic decisions, such as maintaining the Versa as the most affordable car in the US, introducing new generations of the Murano and Armada, and exploring potential expansions into sports cars, Nissan has positioned itself for growth. Despite a slight increase of 0.6% in sales during the first nine months of the year, Nissan’s future prospects look promising. While affordable cars face challenges, the Nissan Versa has seen a substantial surge in sales, up by over 64%. Nissan’s Affordable Innovations in the U.S.: Versa, Kicks, and…
While love is a deeply important aspect of romantic relationships, it isn’t everything — and relying on love alone may not lead to a successful relationship. “Love is great and all, but it can only take you so far,” Mindy, a 39-year old software consultant, told self-made millionaire and money expert Ramit Sethi on a recent episode of his podcast. She and her boyfriend, Victor, 25, came on Sethi’s show to better understand how to handle money as a couple. Their last names were not used.”I want to be a functioning team,” Mindy said. “And I tell him all the time,…
The Invest Atlanta Board of Directors has approved $2.6 million to fund projects that will increase availability of healthy, affordable food and help to combat food insecurity. The investments will improve access to fresh food and decrease food insecurity in communities with more than 11,000 residents living with limited access to groceries. The projects will create more than $53.8 million in economic impact for the city while creating or preserving 226 jobs in low-income neighborhoods. “Our Administration is committed to ensuring that all Atlantans should have access to fresh, affordable food in their communities,” said Mayor Andre Dickens and Board Chair of Invest Atlanta. “Ensuring access to fresh food is not just a matter of nourishment; it…
People can grow their wealth without having to be experts. Investing doesn’t have to be complex. You don’t need to do hours and hours of research on individual names and try to find the next 10-bagger. Most experts would agree that if your time is limited and you can’t do the necessary research, choose diversity. Index funds are a great way to get that diversity and a great place to invest for a long time and see your growth compound nicely. Simply allocating some of your earnings each year to a few index funds will pay off handsomely. Want $1…
Aura Aero, a French aviation startup, is set to make a significant impact on the American aviation industry with the establishment of its first U.S.-based manufacturing and assembly facility in Volusia County, Florida. The company’s choice of Daytona Beach International Airport as the location for its 500,000 square foot plant marks a major milestone in its expansion plans. This new facility is expected to create over 1,000 jobs in the local aviation sector. French Aviation Startup Aura Aero to Build Sustainable Aircraft Facility in Florida (Aura Aero) Aura Aero’s commitment to sustainable aviation is evident in its product line. The…
Goldman Sachs’ that the S&P 500 will deliver 3% annualized nominal total returns over the next 10 years has gotten a lot of attention. (Read TKer’s view and .)I think Ben Carlson of Ritholtz Wealth Management it best: “It’s rare to see such low returns over a 10 year stretch but it can happen. Roughly 9% of all rolling 10 year annual returns have been 3% or less… So it’s improbable but possible.”Investors would probably love to hear a more decisive view. But , and these kinds of imprecise assessments are the best we can do as we manage our…
Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger. 2023. Edited by Peter D. Kaufman. Stripe Press. There is no shortage of advice to improve our diets. There is an “expert” for every taste: from doctors and dieticians to members of Congress (who in 2011 defined pizza as a vegetable) and social media influencers. Food companies add their own voices. The cornucopia of competing guidance overwhelms, but common sense and wisdom from our elders can guide us to the best choices. There is no shortage of guidance to improve our investment returns, either. The late Charlie Munger…