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FirstFT: World’s biggest banks pledge support for COP28 nuclear power goal
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Financial Times - Business
World’s biggest banks pledge support for nuclear power
Names including Bank of America, Morgan Stanley and Goldman Sachs boost COP28 goal of tripling capacity by 20503 hours ago -
Financial Times - Business
Labour’s £7bn pledge piles pressure on UK Infrastructure Bank to deliver
Lender has spent just a fraction of funds allocated to it, raising questions over need for more cash from new wealth fund3 hours ago - United Kingdom -
The New York Times - World
Three Mile Island Plans to Reopen as Demand for Nuclear Power Grows
The infamous plant, closed since 2019, is getting a new lease on life after Microsoft agreed to buy its electricity to supply a growing fleet of data centers.2 days ago -
CBS News - Top stories
U.S. nuclear plant Three Mile Island to reopen, sell power to Microsoft
The firm announced the 20-year deal would involve the restart of the plant's Unit 1 reactor, which was shut down half a decade ago.2 days ago - Microsoft -
Financial Times - Business
Microsoft in deal for Three Mile Island nuclear power to meet AI demand
Energy source enjoying renaissance as world looks to slash emissions and feed rapidly growing need2 days ago - Microsoft -
The Guardian - World
Three Mile Island nuclear reactor to restart to power Microsoft AI operations
Pennsylvania plant was site of most serious nuclear meltdown and radiation leak in US history in 1979. A nuclear reactor at the notorious Three Mile Island site in Pennsylvania is to be activated ...2 days ago - Microsoft -
ABC News - World
EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid
The European Union is ready to lend Ukraine up to $39 billion as part of a loan package organized by the Group of Seven major industrial nations2 days ago - Ukraine -
CNBC - Business
Constellation Energy to restart Three Mile Island nuclear plant, sell the power to Microsoft for AI
Constellation described the agreement with Microsoft as the largest power purchase agreement that the nuclear plant operator has ever signed.2 days ago - Microsoft -
GameSpot - Tech
Microsoft's Next Big Acquisition Is Enough Nuclear Power To Fuel Its AI Ambitions For Decades
The Three Mile Island nuclear power plant--the site where an infamous partial nuclear meltdown occurred in 1979--might have a new owner soon. Microsoft has signed a power purchase agreement with ...2 days ago
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Financial Times - World
Europe goes to UNGA fretting over Ukraine and climate progress
Also in this newsletter: Brussels drops environmental complaint about Greek oil drilling projects2 hours ago -
Financial Times - World
Novo Nordisk faces US congressional grilling over price of weight loss drugs
Senator Bernie Sanders accuses Ozempic and Wegovy maker of ‘ripping off’ Americans3 hours ago -
Financial Times - World
Commerzbank warns UniCredit merger is threat to German businesses
German bank says potential multibillion tie-up with Italian rival could hit lending to Mittelstand companies3 hours ago - Germany -
Financial Times - World
At Milan Fashion Week, hope for hard times
Designers at Bottega Veneta, Diesel and Versace sought to give their clothes new meaning3 hours ago -
Financial Times - World
Markets fall before close elections and surge after, study shows
Research Affiliates found that political affiliation of the winning party has less bearing than tightness of race3 hours ago