Europe faces an unusual problem: ultra-cheap energy – The Economist
Owing to the rapid spread of solar power, Spanish energy is increasingly cheap. Between 11am and 7pm, the sunniest hours in a sunny country, prices...
Category : News En
Bank of England Revives Speculation of UK Rate Cut This Summer – Bloomberg
The Bank of England breathed fresh life into hopes for an imminent cut in interest rates, hinting that more of its officials may be close...
Floating solar has a bright future – The Economist
Drive a few hours from Lisbon towards Spain, past the olive farms, and you will arrive at Europe’s largest artificial lake, at the Portuguese town of...
Pair of Big Bets Stand to Benefit If Odds Rise for Fed Interest-Rate Cut in July – Bloomberg
A pair of large bets in the fed funds futures market are attracting attention on Wall Street by setting aside the market-implied consensus for the...
Even Apple cannot explain why we need AI in our lives – The Financial Times
Whenever a new technology comes along, the world has traditionally looked to Apple to know what to do with it. Under Steve Jobs, the company...
Inflation has shrunk – but the question is: are you feeling any richer? – The Independent
For the first time in almost three years, the Bank of England’s holy grail has been found: inflation for the year to May fell back...
UK Inflation Falls to 2% Goal for First Time in Three Years – Bloomberg
British inflation fell back to the Bank of England’s 2% target for the first time in almost three years, a milestone that likely comes too late to...
ECB urges Eurozone countries to cut high levels of debt – The Financial Times
Eurozone countries are facing “significant fiscal burdens” from ageing populations, extra defence spending and climate change, making it more urgent that they cut their high...
Wall Street is turning more bullish – CNN
It’s tough being a Wall Street bear these days. The S&P 500 index has climbed nearly 15% this year and clinched 30 record-high closes. Strong...
Most stocks hyped as winners from AI boom have fallen this year – The Financial Times
Most of the stocks that were caught up in last year’s hype around artificial intelligence have fallen this year, suggesting that investors are increasingly trying...