The FinTech Hub
Source: The Verge Occidental, the oil giant that has tried to fashion itself as a climate tech leader, is being real clear now about capturing carbon dioxide emissions, which it sees as the next big thing for fossil fuel production. That shouldn’t be surprising coming from a petroleum company. But Occidental has built up an…
Source: The Verge China and the US, the world’s two top greenhouse gas polluters, could burn through a lot more electricity over the next couple of years, according to the latest forecast from the International Energy Agency (IEA). The steepest rise in global electricity demand in a while is expected over the next few years,…
Source: The Verge The Trump administration is attempting to take back around $20 billion of funding that the Biden administration previously awarded to reduce air pollution and greenhouse gas emissions. Trump’s appointee to lead the Environmental Protection Agency (EPA), Lee Zeldin, posted a cryptic video last night and followed up with a press release today…
Source: Live Mint In the past six months, RIL is down 15%, and Jio Financials is down by 28%. “In the coming weeks and months, we will begin pruning our defensive exposure toward more cyclical and growth-oriented segments,” Quant Mutual Fund said in a recent communication to investors. For context, the benchmark Nifty 50 is…
Source: The Verge DeepSeek startled everyone last month with the claim that its AI model uses roughly one-tenth the amount of computing power as Meta’s Llama 3.1 model, upending an entire worldview of how much energy and resources it’ll take to develop artificial intelligence. Taken at face value, that claim could have tremendous implications for…
Source: The Verge The White House Office of Management and Budget (OMB) is walking back the federal funding freeze memo that set off a day of chaos and confusion on Tuesday up until a judge paused the order right before it was set to take effect. “In light of the injunction, OMB has rescinded the…
Source: The Verge The Trump administration sent a memo instructing federal agencies to pause grant, loan, and other financial assistance programs. It’s a catch-all for a wide range of programs President Donald Trump has crusaded against and it’s unclear what specifically is in the crosshairs with this move, but it seems to target Biden-era programs…
Source: The Verge The state of electric vehicle charging in North America is shaping up like the smartphone charging wars — but focused on much more expensive hardware. Right now, like USB-C and Android phones, the Combined Charging System (CCS, Type 1) plug is on a greater variety of cars. Meanwhile, Tesla’s plug was long…
Source: Live Mint TSX ends up 0.7% at 24,898.03 Materials group jumps 3.3% Energy gains 1.6% with oil up nearly 2% (Updates to market close) Jan 2 (Reuters) – Canada’s main stock index rose on Thursday on the first trading day of 2025 as a jump in commodity prices boosted energy and metal mining shares,…
Source: Live Mint Stock Market Today: The benchmark Nifty 50 index gained 14.91% during the April-September 2024 period or the first half of FY25. Against this backdrop, five key indices emerged as underperformers during the period. These include Nifty Oil & Gas, Nifty Energy, Nifty Private Bank, Nifty Bank and Nifty PSU Bank indices. While…
