Business

Morning Bid: SpaceXhaust

Tuesday, June 23 by SRN News

By Mike Dolan June 23 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Big Tech started the week in reverse, with megacaps Alphabet and Amazon each falling around 5% on Monday, dragged down by a mix of... Read More.

40 mayors worldwide endorse a pact to shape data center development

Tuesday, June 23 by SRN News

Forty mayors from around the world have signed onto a pact announced Tuesday to try to shape how urban data centers are built and operated. It's their vision for how urban data center development can be done sustainably - and not at the expense of... Read More.

Vedanta’s CopperTech Metals targets $3.6 billion valuation in US IPO

Tuesday, June 23 by SRN News

June 23 (Reuters) - CopperTech Metals is targeting a valuation of up to $3.57 billion in its U.S. initial public offering, joining a wave of companies tapping the busy summer IPO market. The U.S.-domiciled copper and cobalt producer is seeking up to $423.5 million by... Read More.

Asian refiners see little room for Iranian oil, leaving China as key buyer after US waiver

Tuesday, June 23 by SRN News

By Nidhi Verma, Siyi Liu and Florence Tan NEW DELHI/SINGAPORE, June 23 (Reuters) - A temporary U.S. sanctions waiver on Iranian oil sales is unlikely to draw orders from well-stocked Asian refiners, leaving independent Chinese refineries as the main buyer, trade sources and analysts said. The... Read More.

NatPower, Tesla reach deal on first phase of $5 billion battery storage plan

Tuesday, June 23 by SRN News

By Simon Jessop and Susanna Twidale LONDON, June 23 (Reuters) - Independent energy firm NatPower and Tesla said on Tuesday they had reached a deal to build 25 gigawatt hours of battery storage in Italy and Britain, the first phase of a project worth up... Read More.

Explainer-What are the Fed’s bank ‘stress tests’ and what’s new this year?

Tuesday, June 23 by SRN News

By Pete Schroeder WASHINGTON, June 23 (Reuters) - The U.S. Federal Reserve is due to release the results of its annual bank health checks on Wednesday at 4:00 p.m. ET (2000 GMT). Under the "stress test" exercise, the Fed tests big banks' balance sheets against... Read More.

AI chatbots hit the dating scene, becoming the lovelorn’s modern-day Cyrano

Tuesday, June 23 by SRN News

Marie Lansley recently started a new job in a new city while searching for a new partner. In her dating pursuits, the freshly minted San Franciscan said she's been "trying everything"- including some help from artificial intelligence. AI chatbots have become - for her and... Read More.

Andy Burnham prepares for a UK Labour leadership contest that may be a coronation

Tuesday, June 23 by SRN News

LONDON (AP) - Andy Burnham, Britain's newest lawmaker and likely its next prime minister, was meeting Labour colleagues on Tuesday in preparation for a leadership contest in which he may be the only contender. Burnham is the strong front-runner to replace Prime Minister Keir Starmer,... Read More.

PWHL executive says fast-paced growth reflects surging demand and is validated by new investors

Tuesday, June 23 by SRN News

PWHL executive Stan Kasten said the goal all along was to begin taking on outside investors once the league doubled in size in reaching 12 teams. The only flaw in the projection was Kasten - and most everyone else - never anticipating getting there after... Read More.

AI companies should release environmental impact, commit to clean energy, says UN chief

Tuesday, June 23 by SRN News

United Nations Secretary-General António Guterres on Tuesday called on artificial intelligence companies to release information about the carbon pollution they create, along with the water and land used to power their operations. While urging action in an address at London Climate Action Week, Guterres proposed... Read More.

Current Weather

Morning Bid: SpaceXhaust

40 mayors worldwide endorse a pact to shape data center development

Vedanta’s CopperTech Metals targets $3.6 billion valuation in US IPO

Asian refiners see little room for Iranian oil, leaving China as key buyer after US waiver

NatPower, Tesla reach deal on first phase of $5 billion battery storage plan

Explainer-What are the Fed’s bank ‘stress tests’ and what’s new this year?

AI chatbots hit the dating scene, becoming the lovelorn’s modern-day Cyrano

Andy Burnham prepares for a UK Labour leadership contest that may be a coronation

PWHL executive says fast-paced growth reflects surging demand and is validated by new investors

AI companies should release environmental impact, commit to clean energy, says UN chief

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