ReNew inks pact with Google to build 150 MW solar project in India

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ReNew inks pact with Google to build 150 MW solar project in India

WHY IT’S IMPORTANTThe deal is in ‍line with Google’s goal to operate entirely on carbon-free energy by 2030, and comes as India pushes to double its non-fossil-fuel power ​generation capacity to 500 gigawatts by the end of the decade.Other U.S. tech giants such as Amazon and Microsoft are also signi …

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Global Demand for Defense Metals Is Soaring 7X [sponsor]
The race for lithium, uranium, and titanium is more intense than ever, with nations vying to secure these essential resources for fighter jets, electric vehicles, and nuclear reactors. A pivotal North American initiative could bridge the critical-minerals gap for the West. Discover who is poised to capitalize on this surging demand.

Analysis-Ford’s EV retreat highlights industry dilemma: Build for the US or the world? 

DETROIT, Dec 16 (Reuters) – Ford CEO Jim Farley walked through Ford’s Michigan design studio Monday afternoon, reflecting on how he was about to wipe out thousands of work hours on electric ⁠vehicles that he and his team had hoped would revolutionize the American auto industry.  Shortly after, …

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Featured Article

Ford recalls nearly 32,000 vehicles, NHTSA says

The report added ⁠that a half ‌shaft that is not fully ⁠engaged to ​the primary drive unit ‌can result in a vehicle ‍rollaway if the parking brake is not applied, increasing the risk of a crash or injury. (Reporting by Mihika ⁠Sharma ‌in ⁠Bengaluru) …

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Other Headlines

US rate futures lift odds of January cut after unemployment rises in November

NEW YORK, Dec 16 (Reuters) – U.S. rate futures on Tuesday raised the ⁠probability of the Federal Reserve cutting interest rates at the next policy meeting in January after data showed U.S. unemployment rose ⁠last month.Futures on the federal funds rate, which measure the cost of unsecured overnight …

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Bitcoin Created 75,000 Millionaires Last Cycle—Who Will Join Them? [sponsor]
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Hedge funds ditched tech stocks in Japan and Hong Kong last week, says Goldman

LONDON, Dec 15 (Reuters) – Hedge funds sold Hong Kong and Japanese ⁠stocks last week, Goldman Sachs said in a note, just before the tech-heavy Hang Seng and Nikkei indices fell ⁠in the last two trading sessions on worries over over-inflated tech values.Japan’s blue-chip Nikkei share average dropped …

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Discover NVIDIA’s confidential partner with city-scale energy demands. [sponsor]
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Bridgewater warns Big Tech’s reliance on external capital to fund AI boom is ‘dangerous’

The warning ​underscores the degree of unease rippling through markets as ‍several investors have begun to question the sustainability of massive capital spending on AI.While the technology has deeply permeated the economy, critics are beginning to wonder how severe ​the fallout could be if the …

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Inside the Nuclear Revival Reshaping Energy Markets [sponsor]
Governments worldwide are investing billions to revive a proven energy source. Supply chains are tightening, demand is rising, and select companies stand to benefit. The Nuclear’s Second Act report explains what’s happening next. Click here for your detailed brief

Trump weighs order to loosen federal marijuana restrictions

WASHINGTON, Dec 15 (Reuters) – U.S. President Donald Trump said on Monday he is considering ⁠an executive order to reclassify marijuana as a less dangerous drug — a decision that could reshape the cannabis industry, ease criminal penalties and unlock billions ⁠in research funding.The shift woul …

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China AI chip firm Biren to launch Hong Kong IPO in coming weeks, sources say

The IPO could raise $300 million, local ⁠Chinese media reported. One of the sources confirmed the number to Reuters.The Shanghai-based company, along with other domestic rivals, is banking on rapid growth ​as China seeks to develop domestic alternatives to U.S. semiconductors amid stringent export r …

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