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China is rolling back the subsidies that fueled its electric vehicle boom

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Last Friday, China’s Ministry of Finance cut subsidies for electric vehicles (EVs) by 20% this year, as sales of so-called new energy vehicles (NEVs)—a category covering hybrids, plug-ins and hydrogen-powered autos—regained momentum after plunging during […]

Volkswagen to tie High executives’ bonuses by hitting ESG Goals

Volkswagen AG intends to connect top executives’ incentives to ecological, strategic and social goals since the German industrial giant attempts to reinforce sustainability credentials which are increasingly related to investors. Executives’ settlement involves the incentive, a fixed salary plus a long-term incentive program associated with share-price performance. “Incorporating ESG criteria to the incentive calculations because […]

Bitcoin’s time to shine may be fast approaching

As fears of inflation rise, people are debating Bitcoin’s validity as “digital gold,” a kind of inflation hedge. Read More