Texas power demand to hit record highs again as heat bakes state
(Reuters) – Texas’ power grid operator projected electricity use would break records again this week as homes and business crank…
2023
Toyota targets Europe, China in hydrogen sales pivot
By Daniel Leussink TOKYO (Reuters) – Toyota Motor will focus on selling hydrogen-powered trucks and cars in Europe and China,…
Bank of England may need to keep rates higher for longer, IMF says
By David Milliken LONDON (Reuters) -The Bank of England may have to keep interest rates high for an extended period…
Foxconn targets India’s chip scheme after pulling plug on $19.5 billion JV
By Yimou Lee, Ben Blanchard and Dhwani Pandya TAIPEI/MUMBAI (Reuters) – Foxconn said it intends to apply for incentives under…
Applied Materials aims to boost chip factory productivity with new tech
By Stephen Nellis SAN FRANCISCO (Reuters) – Applied Materials on Tuesday released its first major update to some of its…
Global energy demand to rise 23% by 2045, OPEC says
By Elisha Bala-Gbogbo ABUJA (Reuters) -Global demand for all forms of energy is forecast to rise by 23% through 2045,…
Kremlin says NATO treats Russia as ‘enemy’, to follow summit closely
(Reuters) -The Kremlin accused NATO on Tuesday of treating Russia like an “enemy” and said it would closely follow any…
North Korea condemns US plan to send cluster munitions to Ukraine as ‘criminal’
SEOUL (Reuters) – North Korea on Tuesday condemned U.S. President Joe Biden’s decision to send cluster munitions to Ukraine as…
OECD sees scope for profits to absorb wage hikes
PARIS (Reuters) – Companies in most countries have enough profit to be able to absorb an increase in wages needed…
Turkey gives green light to Swedish NATO membership bid
By Sabine Siebold and John Irish VILNIUS (Reuters) -Turkish President Tayyip Erdogan on Monday agreed to forward to parliament Sweden’s…