Russia vetoes UN resolution to prevent nuclear weapons in space
Almost half of all major Chinese cities are sinking, study says
Accident on PIE: Six taken to hospital after chain collision involving six vehicles
Flamethrowing robot dog goes on sale in US
Nestlé adds more sugar to baby food in poorer countries, report finds
Stories for you
- BusinessReuters
Biden to announce preliminary deal with Micron for up to $6.14 billion in chip grants
U.S. President Joe Biden will travel to Syracuse, New York, on Thursday to announce a preliminary agreement with memory chip maker Micron Technology for up to $6.14 billion in subsidies for two chip factories, the White House said. The agreement signed by the U.S. Commerce Department will fund facilities in New York and Idaho under the 2022 CHIPS and Science Act, which aims to boost domestic manufacturing of chips and reduce reliance on supplies from China and Taiwan. The Commerce Department s
2-min read - BusinessReuters
AI spending worries cast gloom over Alphabet, Microsoft
Investors appear to be losing patience with Big Tech's prodigious artificial intelligence investments this week after Meta Platforms signaled deeper spending and a long road to profitability. The concession from Meta in its quarterly report late on Wednesday cast a cloud over Microsoft and Alphabet, which will both report quarterly earnings on Thursday. Meta's stock sank 15% in extended trade after it forecast higher AI spending next year, while Microsoft was down 2%, Alphabet fell 3% and Nvid
2-min read - PoliticsHuffPost
Biden Finalizes Plan To Overhaul Dirty Power Grid And Reduce Blackouts
The regulatory package will set the first greenhouse gas limits on power plants and halve the time it takes to get new transmission lines permitted.
7-min read - BusinessAFP News
NGOs accuse ADB of funding Indonesia coal plants despite clean energy promises
Green NGOs have accused the Asian Development Bank of indirectly financing coal plants in Indonesia through a $600 million loan despite promises to no longer fund projects tied to the fossil fuel, according to a new report."Publicly funded institutions like the Asian Development Bank must include robust coal exclusions in contracts... in order to end coal finance for good," said Daniel Willis, finance campaigner at NGO Recourse.
2-min read - NewsReuters
Monsoon forecast bodes well, may ease inflation concerns, India economic report says
The India Meteorological Department (IMD) last week said the country is likely to receive above average monsoon rainfall in 2024, in a potential boost for its farm output which heavily depends on summer rains. "Further easing of food prices is on the anvil as IMD has predicted above-normal rainfall during the monsoon season, which is likely to lead to higher production." This "bodes well for a good harvest, easing inflation concerns," said the report released on Thursday.
1-min read - BusinessAFP News
BHP launches $38.8 billion takeover bid for rival Anglo American
Australian mining giant BHP confirmed on Thursday a $38.8 billion takeover bid for British rival Anglo American, a colossal deal with the potential to fundamentally reshape the sector.Its longtime rival Anglo American has a market value of about $36 billion.
2-min read - PoliticsHuffPost
'How Embarrassing': Trump Mocked For 'Pretending To Be President' In Strange Ceremony
The former president gave a truly bizarre "White House" gift to a visitor.
3-min read
