Empire Codex

Over the wall 📶

Going public: Stardust Power has agreed to go public through a merger with Global Partner Acquisition Corp. II.

Buying assets: CRH will purchase Martin Marietta concrete assets for $2.1 billion.

Fined by law: Binance will pay the US more than $4 billion in penalties while CEO Changpeng Zhao agreed to step down and pay $50 million.

Cost of transport: Ships sailing to European ports face a total carbon-emissions bill of $3.6 billion in 2024.

Went down: Japanese companies that are planning to expand in China fell to a record low near the end of 2023.

Green expectations: Investors that are managing $11 trillion are putting their opinions behind a plan to reform the mining industry so it can safely meet the growing demand for minerals and metals; which are needed for a green transition.

Planning ahead: Nomura is developing a global strategy to get in on the $1.6 trillion world of private credit.

More inflation: People in the US are expecting a 4.5% jump over the next year in 2024 on inflation.

Apparently: 33.8 million Americans lived in food-insecure households in year 2021.

Lending more: China had allowed Argentina to use $6.5 billion from a $18 billion currency swap line the country has with the People’s Bank of China.

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