Encouraged by inflows into new U.S. spot bitcoin exchange traded products, which have pushed it up almost 40% in February, bitcoin climbed for a fifth day on Wednesday, approaching $60,000, marking its greatest monthly advance since December 2020.The most recent… Read More ›
In order to compete with its leaner Chinese rivals who are releasing cheaper vehicles to compete with them on their home ground, Europe’s automakers and their already overworked suppliers are in for a challenging year as they scramble to reduce… Read More ›
Market analysts predict that by 2030, Qatar’s anticipated increase in its production of liquefied natural gas (LNG) may give them about a quarter of the world market, driving out competing projects, even in the US, where President Biden has halted… Read More ›
This year, artificial intelligence (AI) phones will probably be all the rage as smartphone manufacturers try to capitalise on the excitement around AI to increase sales of their products following a challenging period. With its introduction in late 2022, OpenAI’s… Read More ›
Electric air transport vehicles, hailed as the mobility of the future for cities, were on display at the Singapore Airshow among displays of defence jets, passenger aeroplanes and cutting-edge aviation technology. Electric vertical take-off and landing, or eVTOL, vehicles are… Read More ›
According to four sources, a group of China South City’s offshore creditors want to sue the developer’s largest state-owned shareholder for unpaid debts. This will be the first case of its kind in the troubled real estate market. Creditors consider… Read More ›
On Saturday, chipmaker TSMC will officially open its first plant in Japan, underscoring the Taiwanese company’s pivotal position in Tokyo’s multibillion-dollar attempts to revive its once-dominant semiconductor manufacturing sector. Tokyo’s rising anxiety over China’s expanding technological superiority and the Taiwan… Read More ›
In what is being viewed as the latest setback in its attempts to overtake rivals OpenAI and Microsoft, Google has decided to halt its artificial intelligence tool that generates images of individuals based on historical depictions that contain errors. Google… Read More ›
According to Intel, Microsoft intends to use its services for the production of a custom computing chip. The business anticipates surpassing Taiwan Semiconductor Manufacturing Co., its main competitor in the advanced chip manufacturing market, by 2025, having met an internal… Read More ›
As the price of the component used in nuclear fuel spikes, investment banks Goldman Sachs and Macquarie together with a few hedge funds are preparing themselves to profit from a newly buoyant uranium sector. Five industry and hedge fund sources… Read More ›
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