Stock Market Today (Image Source: iStock) Indian equity indices finished Wednesday’s session firmly in the green, with technology names driving a broad-based recovery. The Nifty 50 advanced 142 points, or 0.55 per cent, closing at 26,052. The BSE Sensex followed suit, adding 513 points, or 0.61 per cent, to wrap up the day at 85,186….
(Bloomberg) — Chinese investors hunting for the next artificial intelligence winners are looking beyond high-flying chipmakers to the utilities and metal producers that form the industry’s physical backbone. The shift toward the sector’s supply chain — from power generators to materials used in data centers — reflects growing concern over lofty valuations in pure-play AI…
Almost exactly 10 years ago, a remarkable thing happened in a conference hall on the outskirts of Paris: After years of bitter negotiations, the leaders of nearly every country agreed to try to slow down global warming in an effort to head off its most devastating effects. The core idea was that countries would set…
Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at [email protected] or filling in this Google form. Submissions should not exceed 400 words Asia’s factories will decide the fashion industry’s climate future. Many factories are desperate to shake their coal habit….
Five years ago, China’s longtime leader Xi Jinping shocked and delighted the world by declaring in a video presentation to the United Nations that his country would peak its carbon emissions this decade and achieve carbon neutrality by 2060. He tried to rekindle that magic late last month in another virtual address to the UN,…
Those data centers will be powered by Nvidia chips and the company said it would ship up to 120,000 advanced GPUs to British data centers in total, funded by investments from Microsoft, Nscale, OpenAI and CoreWeave. Around half of those GPUs will go to British data center firm Nscale, which is partnering with Microsoft to…
The emergence of renewable energy like wind and solar as a viable alternative to oil, gas and other fossil fuels has raised critical questions about which form of power offers the best value today — a debate made all the more urgent by the ravages of climate change. In the U.S., where energy policy has…
(Bloomberg) — Asian equities came under pressure after a tech selloff hit Wall Street Friday, with chip shares among the losers. Hong Kong was an outlier as Alibaba Group Holding Ltd. surged. The MSCI Asia Pacific Index slipped 0.2% with chipmakers pushing the Nikkei-225 index down by 1.8%. Samsung Electronics Co. and SK Hynix Inc….
Anthony Albanese will use high-profile meetings with top business leaders in Shanghai today to heap praise on the Australian-Chinese economic relationship, while promising to back industry efforts to decarbonise China’s huge steel sector. Australian exports of coal and iron ore have been critical to China’s massive construction boom and poured hundreds of billions of dollars…
A few days after Donald Trump signed the One Big Beautiful Bill that ended most subsidies for renewable energy, among many other things, the leading artificial intelligence (AI) company, Nvidia Corporation, became the first to pass $US4 trillion ($6.08 trillion) in value. And a few days after that, on Thursday, Bitcoin hit a new record…