Empire Codex

Tenacious target

Over the wall 📶

It’s off: Italy leaving China’s Belt and Road investment deal.

In progress: 26North Partners looking to raise $3-4 billion for its private equity fund.

Deadly gas: With no improvements, global greenhouse gas emissions from livestock are expected to grow 47% by 2050 from 2015 levels.

Laying the hammer: It’s assumed, banks will eventually begin to impose higher interest rates on farmers and rural businesses that are not meeting greenhouse gas reduction levels.

Carbon cutting: In comparison to 2018, Dubai’s current target for cutting carbon emissions by the end of 2020s is 50%.

Power products: Majority of energy transition products in the US are made in China.

Fossil number: The Netherlands supports €40 billion of fossil fuel subsidies.

Maybe: Macy’s got a $5.8 billion buyout offer from Arkhouse and Brigade Capital.

Went shopping: TikTok bought GoTo’s Indonesia Shop with $1.5 billion.

Bought: Investcorp buys 50% of Corsair’s infrastructure business.

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