In a historic move, the US Nuclear Regulatory Commission (NRC) has given California startup Kairos Power a construction permit for its Hermes demonstration reactor that departed from traditional nuclear reactor cooling method.
Sectors
LinkedIn Cancels Plan to Move to Microsoft Azure — Here's Why?
LinkedIn has opted not to proceed with its plan to relocate its data center technology to Microsoft's Azure cloud.
Undated Hybrid Securities of European Corporate Issuers and Their Treatment in the Current Market Environment
Hybrid securities, which are securities that are designed to comprise a mix of both debt and equity characteristics, have been around in various forms for many decades. But what exactly are hybrid securities, and what makes them attractive to issuers and investors? In the following article, we will look at a specific type of hybrid securities that have gained popularity in the recent decade among European corporate issuers and investors and take a deeper look at the treatment of such securities.
Joe Biden Impeachment Inquiry Finally Formalized by House Republican Vote
House Republicans have voted in favor of formalizing the impeachment inquiry into President Joe Biden on Wednesday.
IMF, World Bank Approve Historic $4.5 Billion Debt Relief for Somalia
The International Monetary Fund (IMF) and World Bank have approved $4.5 billion in debt forgiveness for Somalia.
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Etsy is set to reduce its workforce by 11% as part of a broader effort to restructure and streamline costs amid challenging market conditions.
SpaceX will reportedly sell insider shares at $97 each in a tender offer, a price increase that brings the valuation of the Elon Musk-owned space and satellite company closer to $180 billion.
JPMorgan Chase is reportedly planning to outsource its local custody business operations in Hong Kong and Taiwan.
Boeing has reportedly executed more substantial cuts than anticipated in its strategy teams. Boeing has reportedly executed more substantial cuts than anticipated in its strategy teams.
Pharmaceutical giant Pfizer said it is set to finalize its $43 billion acquisition of cancer drugmaker Seagen this week.
Argentina has announced a sharp devaluation of its currency, the Argentine peso, which will be devalued by 50%.
According to the latest CNBC Fed Survey, there is a growing expectation that the Federal Reserve will initiate rate cuts in June 2024.
It seems that Europe has secured its natural gas stocks for this winter, says the International Energy Agency. However, undersupply risks remain in the long term, and that's why the European Union countries, Italy in particular, keep looking for new partners. This opens new possibilities for aspiring natural gas importers, African Mozambique included.
Epic Games has accused Google of unlawfully making its Play Store dominant over rivals, and a US jury recently agreed with the creator of the Fortnite game.
