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New UK gas and oil projects are a ‘no-brainer’, says EDF boss
The chief executive of EDF Energy has joined renewable energy leaders in supporting new North Sea oil and gas projects, arguing they pose no contradiction to net zero climate goals.
The Middle East’s Next Energy Boom Has Nothing to Do With Oil
The Middle East is pivoting toward renewable energy and low-carbon products, with solar costs at world-lowest levels and battery storage capacity projected to increase nearly eightfold by 2030.
UAE agrees with Saudi Arabia to re-enter Yemen conflict amid Houthi gains
The UAE has agreed to re-enter Yemen’s conflict by resuming payments to government forces fighting Houthis, with Saudi Arabia providing air cover in response to escalating Iranian-aligned militant advances.
Nursery owner in China jailed for life after hundreds of children poisoned
A Chinese nursery owner and five staff members have been sentenced to prison terms for poisoning over 200 children with lead-contaminated food, with the operator receiving a life sentence.
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LTC (LTC) Completed a $200M Senior-Housing Acquisition. Can Higher Operating Exposure Beat the Income It Divested?
LTC Properties completed a $200 million acquisition of four Minnesota senior-housing communities on September 2, expanding its operating partnership portfolio with projected low-to-mid-teens returns.
Solaris Energy (SEI) Rockets 16% on Upbeat H2, Hedge Fund Holdings Jump
Solaris Energy Infrastructure shares jumped 16.29% to close at $63.96 after raising its second-half adjusted EBITDA guidance, with hedge fund holdings surging 32.7% to $1.3 billion.
World’s largest contract chipmaker TSMC sees August revenue surge over 53% to record high
Taiwan Semiconductor Manufacturing Co. reported record August revenue of $16.35 billion, up 53.3% year-over-year, driven by strong demand for AI chips.
Macy’s posts strong results, raises guidance as turnaround begins to take hold
Macy’s reported second-quarter comparable sales growth of 2.7% and raised full-year guidance, with CEO Tony Spring citing six consecutive quarters of better-than-expected performance as the turnaround gains momentum.
‘DJ Ahmet’ Leads Adriatic Awards Contest, Followed by ‘Yugo Florida’
Georgi M. Unkovski’s ‘DJ Ahmet’ leads the Adriatic Film and TV Awards contest with seven nominations, followed by ‘Yugo Florida’ with six. Winners will be announced on Oct. 24 in Montenegro.
Telekom Srbija’s Content Head on Blueprint for Turning Serbian Production Powerhouse Into Global Player
Telekom Srbija aims to position Serbia as a regional production powerhouse and global content exporter, building on a decade of growth that produced over 300 titles including dramatic series.
Woody Norman, Malachi Kirby, Tuppence Middleton, Conrad Khan, Kola Bokinni to Star in Urban Horror Thriller ‘Skag & Bone’; Featuristic Produces, UTA on Board (EXCLUSIVE)
Woody Norman, Malachi Kirby, Tuppence Middleton, Conrad Khan, and Kola Bokinni will star in the British urban horror thriller ‘Skag & Bone,’ with UTA arranging financing and packaging.
Jimmy Kimmel’s Interview With James Talarico Heading to YouTube to Avoid FCC Hassle
Jimmy Kimmel will stream his interview with Texas Senate candidate James Talarico on YouTube rather than broadcast it on ABC, citing FCC regulatory pressures on the network.
CrossCountry cancels almost all rail services after power cut hits control centre
CrossCountry cancelled nearly all train services across Great Britain after a power outage disabled its Birmingham control centre, with limited resumption expected later in the day.
A US Lithium EV Battery Recycler Rises From The Ashes
A new lithium battery recycling startup, R3 Lithium, has acquired a Georgia facility formerly operated by bankrupt Ascend Elements, aiming to boost domestic EV battery material supply.
Negative Power Prices Are Piling Up Across Europe
Europe faces growing negative power prices as renewable energy production surges, creating economic challenges and threatening energy security despite rapid wind and solar expansion.
Climate change exposes 580 million children to 20 extra ‘heat-stress days’ every year
A new study finds that over 580 million children under 10 globally experience at least 20 additional heat-stress days yearly due to climate change, with south Asia, southeast Asia, and west Africa most affected.