Amazon has launched its new “sovereign cloud” service in Europe, aiming to stay competitive in a market where regulators are putting greater pressure on Big Tech. The offering is designed for organisations that want cloud services where data is stored and managed within a specific jurisdiction, without being moved elsewhere.The…
Ericsson AB is preparing to cut about 1,600 jobs as it pushes ahead with efforts to reduce operational costs. The Swedish network equipment supplier said on Thursday that the cuts will affect its workforce in Sweden and that it has entered negotiations with unions.The decision adds to a wider cost-cutting…
India’s latest trade numbers show a mixed picture, with exports staying in positive territory while imports climbed at a much faster pace. The data points to steady demand for some Indian goods overseas, even as key exporters continue to face obstacles in the US market. December also underlined how quickly…
Every few years, Meta Platforms (NASDAQ: META) forces investors to re-decide what kind of company it really is. Is it a mature advertising cash machine, or a capital-intensive technology builder chasing the next platform?After the metaverse detour and the brutal reset of 2022–2023, investors are once again wondering where the…
The West Texas Intermediate crude oil prices slipped back below the $60 per barrel level as geopolitical tensions eased. Both oil benchmarks, WTI and Brent, fell more than 4% at one point during Thursday after US President Donald Trump announced that the killings of demonstrators during protests in Iran were ending. This…
Lithium prices surged to their highest levels in more than two years this week, extending a sharp rally driven by tightening supply and rising demand. Benchmark prices for battery-grade lithium carbonate and hydroxide have jumped sharply, with Fastmarkets’ CIF China, Japan and South Korea assessments pushing above US$20,000 a ton.…
S&P Global’s new report, Copper in the Age of AI: The Challenges of Electrification, warns that copper demand could surge 50 percent by 2040, reaching 42 million tonnes as the global push for electrification accelerates. Supply, however, is projected to fall short, creating a 10 million tonne deficit, roughly 25…
Golconda Gold Ltd. (‘Golconda Gold’ or the ‘Company’) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce that Alan Linden has been appointed as the General Manager of the Corporation’s Summit mine, located in New Mexico, United States. Alan Linden has over 35 years’ experience as a Mining Engineer and Project…
Exchange-traded funds (ETFs) have become popular in North America in a wide range of industries, including the clean energy sector, whose appeal is rapidly increasing. For investors looking to gain exposure to the cleantech market, investing in individual stocks can be daunting considering the broad reach of this market sector.…
The silver price hit a new all-time high on Wednesday (January 14), rising as high as US$92.20 per ounce. The white metal’s most recent rise continues a breakout that began on January 9 on a mixed bag of economic uncertainty, rising geopolitical tensions in Venezuela and Iran and underlying industrial…