With its Greenlots acquisition, Shell is moving from gas stations to charging stations
February 12, 2019

In a bid to show that it’s getting ready for the electrification of American roads, Royal Dutch Shell is buying Greenlots, a Los Angeles-based developer of electric vehicle charging and energy management technologies.

Shell, which is making the acquisition Continue reading

Tesla Marks the Latest High-Profile Bet for Saudi Wealth Fund
August 21, 2018

Saudi Arabia’s purchase of a stake of about $2 billion in Tesla Inc. is only the latest high-profile investment by its sovereign wealth fund since 2016.

The Public Investment Fund built up a less-than 5 percent stake in the electric Continue reading

Deutsche Bank Cuts Costs Again. Not Even Fruit Bowls Are Safe
August 20, 2018

The list of perks at Deutsche Bank AG is shrinking fast.

Investment bankers at Germany’s largest lender have been told to travel coach class on trains; fewer are able to attend conferences and some former employees said severance pay was Continue reading