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Vertical farming rises to new heights in the UAE and Saudi Arabia
From Newark, N.J., to Saudi Arabia, David Rosenberg preaches a gospel that contends bountiful, nutritious produce can be grown without soil and sunshine. Instead, the agricultural entrepreneur builds sprawling vertical farms where kale, arugula and baby lettuce are bathed in magenta light, roots suspended in the air and cultivated with nourishing mist. He believes that techniques pioneered by his company, AeroFarms, may provide answers to the challenges of food security for billions of people living in arid regions and places where climate change poses a growing threat to agriculture.
NextEra Energy, Inc. (NYSE:NEE) Shares Sold by Polaris Wealth Advisory Group LLC
A number of other hedge funds have also bought and sold shares of NEE. Public Investment Fund acquired a new position in NextEra Energy in the second quarter worth about $493,266,000. Vanguard Group Inc. boosted its stake in NextEra Energy by 2.1% in the third quarter. Vanguard Group Inc. now owns 189,253,007 shares of the utilities provider’s stock valued at $14,839,329,000 after acquiring an additional 3,870,385 shares during the period. Assenagon Asset Management S.A. boosted its stake in NextEra Energy by 9,209.8% in the third quarter. Assenagon Asset Management S.A. now owns 1,935,593 shares of the utilities provider’s stock valued at $151,770,000 after acquiring an additional 1,914,802 shares during the period. Macquarie Group Ltd. boosted its stake in NextEra Energy by 34.7% in the second quarter. Macquarie Group Ltd. now owns 6,737,043 shares of the utilities provider’s stock valued at $431,713,000 after acquiring an additional 1,735,904 shares during the period. Finally, CCLA Investment Management acquired a new position in NextEra Energy in the third quarter valued at approximately $81,651,000. 76.17% of the stock is currently owned by institutional investors and hedge funds.
Elon Musk testifies he thought he had Saudi financing to take Tesla private
Elon Musk testified on Monday that he was sure he had backing from Saudi financiers in 2018 to take Tesla private, as he defended himself against claims that he defrauded investors by tweeting about his electric car company. At a trial in San Francisco Federal Court, Mr Musk told the...
Elon Musk denies plan for Saudi, UAE funding for SpaceX
SpaceX founder Elon Musk has denied reports that the company is seeking new funding from Saudi Arabia and the United Arab Emirates. Musk tweeted on Friday that the report, which was first published by The Information, was "not true." The Information report said that part of Saudi Arabia's Public Investment...
Will LIV golfers be allowed to compete in the 2023 Masters?
LIV Golf has divided the world of professional golf since its commencement back in June 2022. The Invitational Series, funded by Saudi Arabia’s Public Investment Fund and fronted by former World No.1 Golfer Greg Norman lured some of the biggest names on the PGA Tour. And as a consequence of the ongoing war between the PGA Tour and the Series, LIV golfers that competed in the Saudi-funded golf league without permission were suspended by the PGA Tour.
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