AFP
20236 articles published since 08 Mar 2022
20236 articles published since 08 Mar 2022
For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle offers welcome savings, especially since his other car is a fuel-guzzling four-wheeler favoured by motorists in the desert kingdom. "What drove me to buy an electric vehicle was financial considerations," said Rafidain, who spends up to 2,000 riyals ($530) a month on fuel for his off-road vehicle.
At the end of a narrow suburban street north of Paris, a giant structure shrouded in a skin of mesh and steel looks like a football stadium, but is in fact a vast data centre. The capital region's data centre industry is already worth 1.2 billion euros ($1.3 billion), according to specialist consultancy Structure Research.
Brazil's President Luiz Inacio Lula da Silva on Wednesday will launch a new initiative against world hunger ahead of an upcoming G20 meeting in Rio de Janeiro. The initiative is one of Lula's major priorities ahead of the G20 summit.
Asian markets fell on Wednesday following a mixed batch of US earnings that did little to boost enthusiasm as investors look for the tech sector to continue filing blockbuster profits after pumping billions into artificial intelligence.
With the proliferation of solar panels and wind turbines an unusual phenomenon is becoming more and more frequent: wholesale electricity prices turn negative. Prices turn negative on the spot wholesale electricity market when production is strong while demand is weak.
Tesla reported a hefty drop in second-quarter profits Tuesday due to the effect of price cuts while spending aggressively on artificial intelligence and other technology. Tesla vowed to press on with technological pushes in artificial intelligence and autonomous driving.
Google-parent Alphabet on Tuesday reported profit and revenue that beat expectations as its cloud and search ads businesses thrived. "Our strong performance this quarter highlights ongoing strength in Search and momentum in Cloud," Google chief executive Sundar Pichai said in an earnings release. gc/arp
The pop world has coalesced rapidly around Kamala Harris's last-minute candidacy, as the US vice president gets a boost from an online explosion of videos mixing her speeches with hit songs.
Coca-Cola raised some of its full-year financial projections Tuesday as it reported better-than-expected profits, pointing to a lift from premium products that countered weakness in some markets. The soda giant reported profits of $2.4 billion in the second quarter, down five percent from the year-ago period.
AFP
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