Cracks are widening in an early-year rally in stocks, as rising Treasury yields bolster the allure of bonds and skew equity valuations. For weeks, stocks have largely withstood a rise in Treasury yields that has come amid signs that the Federal Reserve may have to raise rates higher than expected to cool the economy and […]
Technology
United Airlines launched on Tuesday a more than $100 million investment fund to support start-ups focused on the research and production of sustainable aviation fuel (SAF). The Chicago-based carrier along with inaugural partners such as Air Canada, Boeing, General Electric JPMorgan Chase and Honeywell have invested in the United Airlines Ventures Sustainable Flight Fund, it […]
The U.S. Supreme Court on Tuesday will consider a bid to weaken a legal shield that protects internet companies from a wide array of lawsuits in a major case involving an American student fatally shot in a 2015 rampage by Islamist militants in Paris. The justices are due to hear arguments in an appeal by […]
Taiwan is bolstering its military ties with the United States and will cooperate even more closely with it and other friendly nations to deal with “authoritarian expansionism”, President Tsai Ing-wen told visiting U.S. lawmakers on Tuesday. The United States, like most countries, has no formal diplomatic ties with Chinese-claimed Taiwan but is the island’s most […]
Chinese electric-vehicle maker Nio Inc plans to build a factory to produce budget EVs under a new brand for export to Europe from as early as next year, three people with knowledge of the matter said. The plan to broaden the company’s lineup and expand overseas sales comes as EV sales sharply weaken in China, […]
Until recently, Brett Schickler never imagined he could be a published author, though he had dreamed about it. But after learning about the ChatGPT artificial intelligence program, Schickler figured an opportunity had landed in his lap. “The idea of writing a book finally seemed possible,” said Schickler, a salesman in Rochester, New York. “I thought […]
The digital divide is this era’s class division; those who have access to telecom services and those who don’t. There’s much to be said about how the African telcos have placed the continent on the global stage. But one thing is for sure, telecom companies in Africa can and will bridge the digital divide between […]
Europe’s carbon price hit a record 100 euros ($106) per tonne on Tuesday, a long-awaited milestone that boosts the economic case for some green technologies and hits industry with its largest bill yet for carbon dioxide emissions. The European Union has pledged to cut its emissions by 55% by 2030 versus 1990 levels. One of […]
Ready to dial into some good news? The telecom industry, notorious for its high energy consumption and electronic waste, is getting a green makeover. That’s right, the top telecom companies are stepping up their sustainability game, and it’s something to get excited about. With the increasing global focus on environmental and social responsibility, it has […]
Uber Technologies will introduce 25,000 electric vehicles (EVs) in India for ride-sharing over three years, its country head said on Monday, its first move to adopt clean cars. The EVs will be bought by Uber’s fleet partners from Tata Motors, India’s biggest electric carmaker, Prabhjeet Singh, president, Uber India and South Asia told Reuters. “We […]