Stories for you

  • BusinessReuters

    AI boom to fuel natural gas demand in coming years, report says

    As much as 8.5 billion cubic feet per day of natural gas could be required additionally to match the rise in demand, the report added. U.S. power and technology companies have expressed concerns that the country's electrical systems are not expanding fast enough to meet the rapidly growing power needs of technology such as Generative AI, prompting data center businesses to sometimes bypass utilities and strike deals directly with power producers or build their own supply. The uptick in overall

    2-min read
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  • BusinessReuters

    IBM nearing a buyout deal for cloud software firm HashiCorp, source says

    International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a person familiar with the matter. Hashicorp's stock surged 24%, giving it a market value of $6.1 billion. A deal for HashiCorp could be finalised in the coming days, but it is still possible that the talks may not result in a transaction, according to the Wall Street Journal which first reported the possible acquisition.

    1-min read
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  • NewsAFP News

    French air traffic controller strike threatens flight chaos

    French air traffic controllers are to stage a one-day strike Thursday that risks seeing most flights cancelled at the two main Paris airports, France's leading aviation association warned Tuesday.He said 75 percent of flights could be cancelled at Paris Orly airport and 65 percent at Charles de Gaulle, the capital's main airport.

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  • BusinessAFP News

    London stock market strikes record as sentiment lifts globally

    London's FTSE 100 stocks index closed at a record high for a second straight day Tuesday, catching up with major global peers that have struck all-time peaks this year as inflation cools.London's FTSE 100 added 0.26 percent on the session, hitting a record high of 8,076.52 points shortly after the open to surpass a record 8,047.06 struck in February last year, before closing at 8,044.81 points.

    4-min read
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  • NewsAFP News

    Russia rejects US journalist Gershkovich's detention appeal

    A Moscow court on Tuesday denied US journalist Evan Gershkovich's appeal against the extension of his pre-trial detention in the espionage case that he and American authorities have rejected as false.The hearing was a technical appeal against an earlier decision to keep Gershkovich in detention at least until June 30 pending a trial, it did not concern the merits of the case.

    2-min read
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  • PoliticsAFP News

    Prosecutors accuse Trump of 'willful' violations of gag order

    Prosecutors on Tuesday accused Donald Trump of brazenly and repeatedly violating a gag order imposed by the judge presiding over his "hush money" trial to prevent him from intimidating witnesses.Prosecutor Chris Conroy told the judge that Trump's "willful" and "intentional" attacks on witnesses "clearly violate" the gag order and urged him to fine the real estate tycoon $1,000 for each violation.

    3-min read
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  • NewsAFP News

    Macron in last-ditch bid to halt EU vote battering

    With Emmanuel Macron's party badly lagging behind the French far right in opinion polls ahead of June's European Parliament election, the president hopes a set-piece speech on Europe on Thursday can help to close the gap.- 'Be simple' - On Thursday, Macron "wants to reclaim the initiative, avoid humiliation and try to keep the number-two spot at any cost," Cautres said, noting that there was little hope his party could overtake the RN. Heading into the European election, "Macron is hanging on to

    4-min read
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