India’s aggressive rollout of renewable energy is pressurising the country’s electricity grid and driving up supply costs, largely because demand growth has failed to keep up with the new capacity, a senior Central Electricity Authority (CEA) official announced on Friday.India achieved a significant milestone in its renewable energy transition during…
Europe’s public finances are starting to look like a slow-motion car crash that everyone sees coming. All of the region’s governments are ramping up spending, borrowing, and their promises. Unfortunately, growth is not able to keep up with them.But the situation is unsustainable. Higher rates, aging demographics, defence and green…
With the US government shutdown leaving investors flying blind, fresh analysis from Bybit reveals how Wall Street is adapting to the sudden blackout of official labor market statistics.The world’s second-largest crypto exchange spotlights a growing reliance on private sources like Bloomberg and ADP, painting a picture of cautious optimism even…
Shares in British real estate portal Rightmove plunged as much as 28% on Friday after the company warned of slower profit growth in the coming years, citing accelerated investments in artificial intelligence.The drop marked a new 52-week low for the London-listed company before it pared losses to trade around 12%…
Vodafone and AST SpaceMobile are collaborating to create a satellite constellation that will deliver mobile broadband directly to smartphones across Europe. The project aims to close connectivity gaps for both commercial and governmental users, offering uninterrupted communication in remote regions. The European operations centre will be located in Germany, with…
The IAG share price sank by over 8% today, Nov. 7, as the company published its financial results for the third quarter. It plunged to a low of 373p, down sharply from the year-to-date high of 428p.IAG share price crashes amid weak US demand IAG, the parent company of companies like…
The gold market is poised precariously around $4,000 an ounce, with the metal having fallen from last month’s record highs above $4,360. While many analysts view the drop as a healthy correction in a long-term uptrend, famed British economist Jim O’Neill, former UK Treasury minister and ex-chairman of Goldman Sachs Asset…
China is preparing to relax some of its rare earth export rules by introducing one-year general licences, following trade discussions with the United States, as per a Reuters report.The move could accelerate shipments and ease shortages in critical industries, yet analysts and insiders caution that Beijing’s wider export curbs remain…
India’s aggressive rollout of renewable energy is pressurising the country’s electricity grid and driving up supply costs, largely because demand growth has failed to keep up with the new capacity, a senior Central Electricity Authority (CEA) official announced on Friday.India achieved a significant milestone in its renewable energy transition during…
Tesla shareholders have handed Elon Musk a historic vote of confidence, and a path to a possible $1 trillion payday, as the company doubles down on AI, robotaxis, and chip ambitions.When applause rippled through Tesla’s Austin shareholder meeting on November 6, investors had just approved the most audacious pay package…