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UK mortgage demand drops to 32-month low as Iran war drives up borrowing costs
UK mortgage approvals fell to a 32-month low in August at 54,918, as rising borrowing costs linked to the Iran conflict deterred homebuyers and pushed mortgage rates higher.
Dell surges 9% after lifting fiscal 2027 forecast on AI server strength
Dell Technologies shares surged 9% in extended trading after reporting fiscal second-quarter results and raising full-year guidance significantly above analyst expectations, driven by strong AI server demand.
Nvidia doubles down on selling to both sides of the AI race
Nvidia maintains financial stakes across competing artificial intelligence companies while supplying chips to all of them, positioning itself as a primary beneficiary regardless of which AI model achieves dominance in the market.
Goldman Leads Bidding for $37 Billion Palmer Square, a CLO Powerhouse
Goldman Sachs is the lead bidder to acquire Palmer Square Capital Management, a Kansas-based collateralized loan obligation manager overseeing $37 billion in assets, according to reports.
Trending COVID 19 News
Tom Cruise Stands Up for ‘Digger’ Amid Tough Box Office: “I’m So Proud of What We Created”
Tom Cruise defended ‘Digger’ on social media following the film’s weak box office opening, expressing pride in the satire directed by Alejandro G. Iñárritu despite mixed critical reception.
Guillermo Del Toro Defends ‘Digger,’ Calls the Film ‘Daring, Bold and Cinematically Complex’
Guillermo Del Toro has publicly defended Alejandro G. Iñárritu’s “Digger,” calling it daring and cinematically complex ahead of its theatrical release.
UK risks running out of gas by 2030s, ministers told
Britain risks running out of gas by the 2030s without unprecedented government action, according to an official assessment cited by ministers considering financial support for aging infrastructure.
Fossil fuel advertising contracts at all-time high in 2026
Fossil fuel companies signed a record 1,321 advertising contracts in 2026, with major ad agencies portraying oil and gas as essential to economic security and cultural values.
New UK gas and oil projects are a ‘no-brainer’, says EDF boss
EDF Energy’s chief executive says approving new North Sea oil and gas projects poses no contradiction to net zero goals, joining other renewables leaders in backing the Rosebank and Jackdaw developments.
Grid Connection at European Ports & Airports: Solutions to Accelerate Transport Electrification
European ports and airports face decade-long delays connecting to electrical grids despite legal requirements to electrify ships and aircraft, creating bottlenecks in transport decarbonization efforts.
European Businesses in the Transport Sector Call for EU to Maintain Stability & Ambition on Decarbonising Heavy-Duty Vehicles (HDVs)
European transport businesses urge the EU to maintain strict CO2 standards for heavy-duty vehicles, warning that weakening regulations would undermine investment certainty and Europe’s climate commitments.
Leveraging the IAA to Build Europe’s Battery Value Chain
Europe’s battery value chain needs Industrial Accelerator Act incentives to scale production and reduce dependence on non-European manufacturers, though capacity exists to meet corporate vehicle demand by 2027.
Africa’s Unseen Solar Energy Revolution
Africa’s solar energy capacity is surging far beyond official statistics, with distributed rooftop installations driving an unseen revolution that international agencies are significantly underestimating.
OTEC Works. The Seawater Flow Is The Problem.
Ocean thermal energy conversion has demonstrated electricity generation but faces practical challenges related to the enormous seawater volumes required, with a 100 MW plant needing 705,000 liters per second through kilometer-scale infrastructure.
SEIA Statement on Governor Newsom’s Actions on Clean Energy Bills
California’s governor signed multiple clean energy bills supported by the solar industry, though industry groups expressed disappointment over a vetoed community solar proposal.
Latin America Could Double Its Onshore Wind Capacity by 2035
Latin America’s onshore wind capacity could more than double to over 120 GW by 2035, with Brazil and Mexico leading expansion efforts across the region.