Latest in Taiwan’s soaring energy prices and growing outages hit chipmaker TSMC
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Taiwan’s soaring energy prices and growing outages hit chipmaker TSMC
Industry loses competitiveness as government struggles to afford cheap-power incentivesWorld - Financial Times - November 5 -
European gas prices hit peak for year on Norwegian production outage
Increase highlights continuing vulnerability of market to supply disruptionsWorld - Financial Times - October 25 -
Air Liquide Revenue Hit by Lower Energy Prices
Air Liquide reported a drop in revenue for the third quarter and missed analysts’ expectations due to lower energy prices and negative currency effects.Business - The Wall Street Journal - October 23 -
Taiwan Sees a Higher Price for U.S. Support as Trump Returns to Power
The president-elect’s call for Taiwan to spend more on its own defense and his complaints about its semiconductor dominance may herald a tenser relationship.Top stories - The New York Times - November 10 -
Ukraine war live: Emergency power outages after Russia launches massive missile strike on energy grid
Biggest air strike in months also hits residential areas and raises fears for Ukraine energy infrastructure ahead of winter. The exiled Russian opposition will hold its first major demonstration ...World - The Guardian - 4 days ago -
High energy prices predicted to be 'the new normal'
The energy price cap is predicted to edge up by 1% from January, according to analysis by Cornwall Insight.Top stories - BBC News - 3 days ago -
Typhoon Kong-rey hits Taiwan's east coast, leaving 1 dead
A powerful typhoon has made landfall in Taiwan, killing one person and bringing high winds and floods to much of the island’s east coast and northern areasWorld - ABC News - October 31 -
Why U.S.-Russia tensions have sent palladium prices soaring
Palladium futures rallied Thursday to their highest price of the year, buoyed by the suggestion of sanctions on exports of the metal from Russia, which is the world’s largest exporter.Business - MarketWatch - October 24 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - November 6 -
'Soaring baby milk prices mean I feel punished for not breast feeding'
Parents say they feel penalised by the high cost of formula, which cannot be discounted under the law.Top stories - BBC News - November 14 -
Theft of aid trucks sends prices soaring in central Gaza
The the theft by armed men of nearly 100 aid trucks over the weekend sent prices soaring and caused shortages in central Gaza.Top stories - NBC News - 2 days ago -
Utility in Britain Offers Free Electricity to Grow Clean Energy
A utility sends phone alerts when wind power is cheap. A builder sells “zero bill” houses. They’re among several experiments to redefine how people value electricity.World - The New York Times - October 29 -
Brazil’s growing gambling habit threatens to hit economy
Explosion of online sports betting in South American nation sparks warnings about its damaging impactWorld - Financial Times - November 10 -
Oil prices end higher as risk of Iranian strike on Israel grows
Oil futures finished higher on Thursday, contributing to a gain for the month, as traders weighed the growing risk of an Iranian attack on Israel that would further fuel tensions in the oil-rich ...Business - MarketWatch - October 31 -
Taiwanese driver recounts his narrow escape during Typhoon Kong-rey
A ride-hailing driver has recounted how he had narrow escape when a huge tree smashed onto his vehicle as Typhoon Kong-rey swept over Taiwan, also sweeping away metal roofs and sending landslides ...World - ABC News - November 1 -
Cubans endure days without power as energy crisis hits hard
People cook with firewood after days of blackouts and supply issues.Top stories - BBC News - October 26 -
TSMC on alert and Singapore on the rise
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial TimesWorld - Financial Times - October 31 -
Cop29 live: oil bosses given red carpet treatment at climate summit
At least 123 oil and gas bosses and staff invited as ‘guests’ by Azerbaijani government and given host country badges, the Guardian has learned. According to an interesting piece in the Africa ...World - The Guardian - 6 days ago -
Reddit stock price soars after social media player reports rare profit
Reddit's stock leaps nearly 40% after the social media company reported a quarterly profit amid strong user growth.Top stories - CBS News - October 30 -
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Soaring grocery prices helped Trump to victory. The climate crisis is only going to make this worse | James Meadway
From olive oil to butter, extreme weather is pushing up the cost of living and having a dramatic political impact. Economists need a solution. In the US, where Donald Trump swept the board last ...World - The Guardian - November 13 -
The price of bitcoin is soaring. Here's a key move for investors to reduce future crypto taxes
The price of bitcoin is soaring. There's a key deadline for crypto investors to avoid a higher future tax bill.Business - CNBC - November 13 -
Food prices soar in Gaza after looting of almost 100 aid trucks worsens shortages
WHO says hijacking by armed men has aggravated already severe scarcity of food, medicine and other aid. Food prices have soared in Gaza after the looting of nearly 100 aid trucks amid an already ...World - The Guardian - Yesterday -
Eye on America: New hotel runs on clean energy, and growing threats of inland flooding
In North Carolina, we learn about the growing threat of severe flooding facing inland communities. And in Connecticut, we check in at the only hotel in the country that runs entirely on renewable ...Top stories - CBS News - October 26 -
Three Mile Island restart could mark a turning point for nuclear energy as Big Tech influence on power industry grows
The fortunes of the nuclear industry have shifted dramatically this year as tech companies seek carbon-free power to meet the electricity consumption of AI.Business - CNBC - 5 days ago -
UK house prices hit record high in October, says Halifax
Typical property now costs £293,999, surpassing previous peak set in June 2022World - Financial Times - November 7 -
'Trump trade' returns for second week as bitcoin, Tesla, stocks surge
Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald Trump's victory.Top stories - NBC News - November 11 -
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Qualcomm pops on chipmaker's earnings and revenue beat
Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and guided to a strong December quarter.Business - CNBC - November 6 -
Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live
Rolling coverage of the latest economic and financial news, as investors pile into Trump trades after US election result. Donald Trump elected US president in stunning political ...World - The Guardian - November 6 -
Consumer sentiment hits 6-month high as Republicans grow confident in Trump win
Growing confidence among Republicans in a victory for Donald Trump helped push a survey of consumer sentiment to a six-month high less than two weeks before the U.S. presidential election.Business - MarketWatch - October 25 -
Sudan keeps key aid crossing from Chad open for hard-hit Darfur region as famine grows
Sudan’s military-controlled government says a key border crossing with Chad will stay open to keep much-needed humanitarian aid flowing into the western Darfur region which has been a center of ...World - ABC News - November 13 -
Tens of Thousands of Reddit Users Report a Second Outage
A day after a separate outage affected users for hours, an even larger contingent of Reddit users said they were having problems with the site.Business - The New York Times - 39 minutes ago -
TSMC Pauses Chip Shipments to Chinese Customers
The Taiwanese chip giant will halt shipments to Chinese companies after some of its most advanced chips ended up with Huawei.Business - The New York Times - November 10
