Over the wall 📶

Capacity update: Adani Green Energy plans on investing $22 billion more to increase capacity by more than 5 times by 2030.

Transaction numbers: The volume of announced merger and acquisition has totaled around $1.9 trillion in 2023.

The returns: According to State Street, in 2023 private credit is offering better returns than private equity.

Burnt estimates: 36.8 billion metric tons of carbon dioxide was estimated to be emitted in 2023 from burning fossil fuels.

China’s growth: In 2024 JPMorgan, Goldman Sachs, Standard Chartered and domestic brokerages like Tianfeng Securities foresee China targeting around 5% figure for gross domestic product growth.

Counting debt: Moody’s turned China’s credit outlook to negative, citing downside risks from government debt as of end of 2023.

Buying cost: SoftBank will pay €473 million for Cubic Telecom.

Health acquisition: Pharmavite agreed to pay $425 million for Bonafide Health.

Travel estimates: IATA estimate 4.7 billion people will travel in 2024, surpassing the 4.5 billion figures recorded in 2019.

Surpassing capacity: 71 million livestock animals are in Mongolia; while the country has a pasture capacity of 25 million.

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