Empire Codex

Beyond expectation

Over the wall 📶

The Middle East: Saudi Arabia’s Public Investment Fund became the world’s most active in 2023, using $31.6 billion.

Catching up: Huawei produced a smartphone advanced enough to rival Apple’s iPhone in 2023.

Auto sales: Automakers are projected to sell 16 to 17 million battery-electric and plug-in hybrid vehicles in 2024.

Friendly or not: $3 billion was generated in fees in 2023 from environmentally friendly debt for deals.

Denied transaction: Iberdrola terminates a $4.3 billion deal to acquire power firm PNM.

Cooling down: US auto sales soothed at the end of 2023.

Cybercrime: Cyberattacks on supply chains rose to a 5 year high in 2023.

Shipping ships: China aiming to build more than half of global vessels powered by lower-carbon fuels including liquefied natural gas and green methanol by 2025.

Beyond forecast: Vietnam’s economy was better than expectations in 2023.

Got rated: Apple was downgraded by Barclays as of January of 2024.

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