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<blockquote data-quote="Amma Usman" data-source="post: 185440" data-attributes="member: 36740">Today’s short and sweet updates/discussions:<ul>
<li data-xf-list-type="ul">Electric Vehicles (EVs) have had a rather slow year. The costs of these cars are too high to be considered as mass-market consumer vehicles. This led to car producers decreasing output due to the fallen demand. Companies have started to pull back from EV investment. However, it is argued that pulling away from the energy transition will have its own long term ramifications. </li>
<li data-xf-list-type="ul">The American Congress is proposing a law, the Credit Card Competition Act, which could revert credit card transactions onto the control of other networks. This could lead to a loss in cash back schemes, as well as other rewards programmes. Data protection is another consideration. In short, the availability of credit will likely go down with this move. </li>
<li data-xf-list-type="ul">Private Equity (PE) swings into the eye care industry: TPG and Blackstone have expressed an interest in acquiring Bausch + Lomb. This could be the largest PE deal of the year! It is no surprise that this interest stems from the healthcare industry - an increasingly popular investment sector for PE firms nowadays. </li>
</ul></blockquote>

[QUOTE="Amma Usman, post: 185440, member: 36740"] [B][U]Today’s short and sweet updates/discussions:[/U][/B] [LIST] [*]Electric Vehicles (EVs) have had a rather slow year. The costs of these cars are too high to be considered as mass-market consumer vehicles. This led to car producers decreasing output due to the fallen demand. Companies have started to pull back from EV investment. However, it is argued that pulling away from the energy transition will have its own long term ramifications. [*]The American Congress is proposing a law, the Credit Card Competition Act, which could revert credit card transactions onto the control of other networks. This could lead to a loss in cash back schemes, as well as other rewards programmes. Data protection is another consideration. In short, the availability of credit will likely go down with this move. [*]Private Equity (PE) swings into the eye care industry: TPG and Blackstone have expressed an interest in acquiring Bausch + Lomb. This could be the largest PE deal of the year! It is no surprise that this interest stems from the healthcare industry - an increasingly popular investment sector for PE firms nowadays. [/LIST] [/QUOTE]

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