The reliability of the country’s grid has been the leading factor for locating its data centre in the country. The data centre will service Apple’s European customers. Apple Inc has disclosed it be spending $921 million (6 billion Danish crowns)… Read More ›
In what experts say will be a litmus test for the reliability of large-scale renewable energy Tesla Inc has won an Australian contract to install the world’s biggest grid-scale battery. In order to build the gigantic lithium-ion battery that will… Read More ›
South Australia has shutdown polluting coal-based power plants and has instead embraced renewable energy sources. In a significant development, Tesla has been picked by South Australia to install a grid-scale battery which is to be paired with France’s Neoen wind… Read More ›
Samsung Electronics is likely to surpass that of Apple’s for the same quarter for the first time ever, as the company is set to record its highest ever quarterly operating profit, analysts said. The South Korean electronic giant will highlight what it… Read More ›
Does this amount to wanting to have the cake and eat it too? EU’s chief Brexit negotiator had earlier made it amply clear, once Britain leaves the bloc, frictionless trade is not possible. In the wake of the shock outcome… Read More ›
The political agreement, hammered out on the eve of the G20 meet, is dripping with symbolism. On Thursday, in a significant development, the European Union and Japan agreed to a free trade agreement in contrast to U.S. President Donald… Read More ›
Valued at $56 billion, the Great Barrier Reef, taken off UNESCO’s danger list with the Australian government continuing its love affair with the fossil fuel industry. UNESCO, the United Nations’ cultural body has voted to leave the Great Barrier Reef… Read More ›
In its latest funding round, led by the Alibaba Group, the company raised $700 million. On Thursday, Ofo, a Chinese bike-sharing start-up stated it has raised more than $700 million in its latest funding round, led by Alibaba Group and… Read More ›
Saying shipping loans and too many bank branches are some of the very real problems they are currently facing, analysts have highlighted that Germany’s lenders are still not out of the woods, even with the Italian banking system in the… Read More ›
In order to develop its giant South Pars gas field, the largest natural gas field in the world, Iran has signed a $4.8 billion deal with a consortium led by French oil company Total. The deal marks a major milestone for… Read More ›
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