Over the wall 📶

More interest: Central bankers in Thailand raised the benchmark of interest rates in 2023 to the highest level in 10 years.

Media growth: In the US and Canada Meta made $206 per user in 2022, up from $139 three years earlier.

Grossing up: Microsoft’s cloud had a 70% gross margin for quarter 2 of 2023.

Reportedly: Hedge fund managers are on selling positions on ESG stocks as they hunt for greenwashing and inflated valuations.

Green idea: The French government’s 2024 budget includes a €7 billion increase in investment in green programs to €40 billion.

Fancy-pants: Ritz-Carlton Yacht Collection planning on IPO.

Floating on electricity: Arc Boat has raised $70 million from investors to build a mass market electric boat.

Pushing it up: Italy making Banca Monte Paschi the country’s 3^rd largest bank.

In and out: Governments and businesses have poured in $83 billion into carbon capture and storage projects over the last 3 decades.

Enough said: Some European insurers are still backing coal by underwriting about a third of the coal production that takes place in the US, even after pledging for net zero emissions.

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