A pullback from U.S. renewable energy projects by a Monaco-based hedge fund might not be a surprise these days. But Knight Vinke Asset Management also raised rule-of-law questions about the Trump administration, which you can read about in this week's main story below.
    
You'll also find links below to news including price cuts by PepsiCo for struggling consumers, and a new CEO at nonprofit Freedom House.
    
Please follow me on LinkedIn and/or Bluesky. You can reach me via ross.kerber@thomsonreuters.com.

Eric Knight said his hedge fund cannot invest in the United States under President Donald Trump because the risks have become too great, but profits can be made in Europe where rules and policies for green energy projects are more predictable.

Monaco-based Knight Vinke Asset Management sold the last of its U.S. holdings in August, its CEO and founder Knight told Reuters in a recent interview.

After investing in everything from Big Oil to banks, Knight has focused on the energy sector in recent years, launching a dedicated energy transition fund last year.

However, the risks of investing in alternative energy companies in the U.S. have become too high, he told my colleagues in a recent interview. "It's become uninvestable because the rule of law is not applied uniformly," said Knight, "the headwinds are too strong." 

You can read the rest of the story by clicking the button below.

Jessie Diggins of the U.S. celebrates after winning a 20km ski race in Granasen, Norway, December 6, 2025. Geir Olsen/NTB via REUTERS. Ahead of the Milano Cortina Olympics you should click on this image to read the best Reuters article about cross-country ski wax ever written. There is a sustainable business angle I'll explain later.