Most sovereign wealth funds follow a narrow path: invest to maximize returns. PIF is different. With its unique mandate, PIF seeks to deliver sustainable financial returns while also driving Saudi Arabia's economic transformation and shaping the future of the global economy.
The U.S. is seeing an alarming rise in electric scooter injuries — particularly among children, according to data compiled by ERideHero, a consumer guide to electric micro-mobility.
Why it matters: E-scooters, despite their well-publicized boom and bust history, have become mainstream in many cities, yet lack the safety guardrails that govern other types of transportation.
There may be less than meets the eye with Gazprom's announcement Tuesday of a major, binding deal to build a massive Russia-to-China natural gas pipeline.
Why it matters: The agreement — if borne out — is a diplomatic win for Moscow after years of stalled talks over the Power of Siberia 2 project.
Dozens of climate scientists on Tuesday released a detailed rebuttal of the Energy Department's contrarian climate report, alleging "pervasive problems" with the work.
Why it matters: DOE's July report informs EPA's planned repeal of the "endangerment finding" — the legal underpinning of federal emissions regulations.