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US House to vote on bill to make daylight saving time permanent
US House to vote on bill to make daylight saving time permanent
ECB publishes indicative operational calendars for 2028
ECB publishes indicative operational calendars for 2028
European governments urged to prioritise climate mitigation and adaptation as heatwaves claim thousands of lives
Photo by Mercedes Matzm via Pexels Countries in western Europe have experienced three heatwaves in as many months, costing lives, disrupting infrastructure and prompting scientists and politicians to urge governments to work harder to transition away from fossil fuels and beef up their adaptation plans. In parts of May, June and July, temperatures across western…
A Potential New Rival Wants to Undercut TSMC. Here’s What Investors Need to Know.
Throughout the massive growth of artificial intelligence and the infrastructure that powers it, Taiwan Semiconductor Manufacturing (TSM +0.17%) has been a consistent winner. TSMC, as it’s known, is the world’s largest chip foundry, producing advanced semiconductors for Nvidia, Advanced Micro Devices, Broadcom, and many others. TSMC holds a dominant 73% market share in the global foundry…
Cyber stocks rally on AI spending change comments from IBM’s Krishna
Okta and Crowtstrike. Jonathan Raa | Nikolas Kokovlis | Nurphoto | Getty Images Cybersecurity stocks jumped on Tuesday after IBM CEO Arvind Krishna flagged cyber fears as a top priority for customers in the company’s preliminary second-quarter results. During the period, Krishna said customers shifted spending to servers and memory and that “rapidly-evolving, industry-wide cybersecurity…
South Korean Won: Rate hike support from exports and inflation – DBS
DBS economists Radhika Rao and Mo Ji expect the Bank of Korea (BoK) to raise its base rate to 2.75% from 2.50% in July, citing persistent CPI inflation above 3% and resilient growth. They highlight robust exports and investment linked to the AI (Artificial intelligence) boom and note that Korean Won weakness and portfolio outflows…
