The UAE and Malaysia signed an agreement to solidify their commitment to enhance bilateral digital infrastructure development.
Investment
The Disney parks business to nearly double in capital expenditure to about $60 billion over the next 10 years.
China's semiconductor fund of about $40 billion for its semiconductor sector will help the country ramps up efforts to catch up with the US.
Public opinion says that fusion energy, which is considered the source of large, affordable, safe, and clean power, will always stay an old form of energy that companies are no longer using. However, privately funded fusion energy start-ups like Commonwealth Fusion Systems, TAE Technologies, and General Fusion are starting to build prototype demonstration plants. Meanwhile, […]
Nuclear fusion is the sun’s ignition process to release energy. In simple terms, but still hard to comprehend if you’re not a nuclear physicist, this is the release of energy when two atoms merge. Scientists are developing this type of energy, but their work is still in its infancy; the energy expended to produce fusion […]
Bullish bitcoin has been a surprise winner of the banking blowout. Yet investors aiming to amp up their bets face an ominous obstacle: a lack of liquidity that could trigger wild price swings. The price of the No.1 cryptocurrency has jumped 40% to around $27,700 since March 10, when the failure of Silicon Valley Bank […]
As U.S. banking contagion worries ebb, some investors are hunting for shares of fundamentally strong regional lenders that were swept up in this month’s epic sell-off. Investors sent a record net $236.2 million into the iShares Regional Bank ETF over the last two weeks, after Silicon Valley Bank’s collapse earlier this month fueled concern about […]
Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short of 2027 targets and ending a long-standing ambition to rival the output of top OPEC producer Saudi Arabia. Political infighting has cost Iraq the opportunity to invest in growing output more quickly. As the […]
Apple Inc supplier Foxconn on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics. Foxconn, which assembles around 70% of iPhones, has been diversifying production away from China, whose strict COVID restrictions disrupted its […]
Global bank shares slid on Monday even as U.S. authorities moved swiftly to stem contagion following the collapse of startup-focused Silicon Valley Bank. HSBC bought the UK arm of stricken SVB for a symbolic one pound, rescuing a key lender for technology start-ups in Britain and helping curb the fallout from the biggest bank collapse […]