Lisa lee. Lets begin with sonali. Wework, not surprisingly, continues. There is a question of who will finance this company and softbank takes control. Trying to get a loan deal done but there is something unique. Please explain. Sonali softbank said we work as the coborrower here. Softbank had become intertwined since they got into this deal. Softbank has been emerging as somebody that banks want to work with, despite the troubles that have happened, they are seeing portfolio companies, something to look out for next year is doordash. Also a Portfolio Company in the vision fund, working with j. P. Morgan for a Credit Facility here. Lisa softbank is listed as the main borrower. I found this fascinating. They are putting their own money and name on the block here. How much of a liability is this for softbank in a broad sense . And isolated case of them bringing it into their purview . Are they going to bring other portfolios in . Sonali we work is a oneoff given how far it has fallen fr
Focusing on the hottest commodities with the smartest voices in the business. First, we kick it off with spot on. It is our take on the big story. Its a tale of saudi aramco and chevron. Joining me is our managing editor of energy and of commodities, and rachel in houston. Lets kick it off with aramco. Testing a 2 trillion valuation on thursday, when will we get to know the real market value of the company . Tina weve had two full days of trading now. They went up to their daily limit of 10 and today they went up about 5 . For a few brief hours, they were trading at the magical 2 trillion level. That is the level that the Saudi Crown Prince was looking for. Where do we go from here . Investors have told us they think it will increase by another 10 to 18 in the next week. On the other hand, we got a note today saying get out, its time to sell. Opinions are all over the place. Alix considering the difficulties the crown prince had bringing this close to 2 trillion valuation, its impressi
Growth at its slowest rate in 25 years the government is reducing subsidies for a new bills and reviving its support for coal one u. S. Based Energy Monitor estimates that china is planning to build new coal power plants with a capacity of 148. 00 gigawatts thats equal to the entire coal capacity of the e. U. Han Chinese Government pledges on a mission reductions that have become noticeably more watered down in recent times woman. We will on the one hand you continue to work hard how to addressing climate change. But on the other hand we are faced with multiple challenges for a developing economy that we must improve peoples livelihoods and reduce poverty was also controlling pollution giuliani would tell them we have our pressures and challenges hardly but we will still do our best to fulfill the promises that we have made you look at the time look. Even in traditional cold heavy regions such as xan g. In northern China Solar Panel installations became a feature in recent years. But i
Rose sharply but a government led war and pollution saw a decline in 20152016 however emissions are rising again and with chinese Economic Growth at its slowest rate in 25 years the government is reducing subsidies for new builds and reviving its support for coal one u. S. Based Energy Monitor estimates that china is planning to build new coal power plants with a capacity of 148. 00 gigawatts thats equal to the entire coal capacity of the e. U. Han Chinese Government pledges on a mission reductions that have become noticeably more watered down in recent times woman. We will go on the one hand you need to continue to work hard at addressing climate change. But on the other hand we are faced with multiple challenges for a developing economy that we must improve peoples livelihoods and reduce poverty was also controlling pollution giuliani you know that we have our pressures and challenges but we will still do our best to fulfill the promises that we have made universal to look for. Even
Rose sharply but a government led war on pollution saw a decline in 20152016 however emissions are rising again and with chinese Economic Growth at its slowest rate in 25 years the government is reducing subsidies for new builds and reviving its support for coal one u. S. Based Energy Monitor estimates that china is planning to build new coal power plants with a capacity of 148. 00 gigawatts thats equal to the entire coal capacity of the e. U. Han Chinese Government pledges on a mission reductions that have become noticeably more watered down in recent times woman you follow me. We will on the one hand you continue to work hard on that addressing climate change. But on the other hand we are faced with multiple challenges for a developing economy we must improve peoples livelihoods reduce poverty was also controlling pollution yani you would hope that we have our pressures and challenges but we will still do our best to fulfill the promises that we have made of the time not even in trad