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NB Power Rate Increase Looms in 2027 as Newfoundland Faces Energy Costs
NB Power seeks 2027 rate increase for infrastructure upgrades and operational costs serving Atlantic Canada customers reliably.
Yann LeCun Warns AI Industry Faces Bubble Risk as xAI Struggles, June 20
Yann LeCun warns xAI faces failure and AI labs risk bubble if they don’t cut costs or raise prices amid high infrastructure spending.
Waldbröl Firehouse Project Stays on Track, May 2027 Opening
Waldbröl’s €2.7 million firehouse in Heide opens May 2027, housing 40 firefighters with modern facilities and training areas.
Temasek Invests ₹1,000 Crore in Svakarma Microfinance, June 20
Temasek invests ₹1,000 crore in Svakarma, a microfinance company serving India’s micro businesses and supporting financial inclusion.
Hong Kong Launches RMB Bond Futures as China Cuts US Treasury Holdings
Hong Kong launches RMB bond futures August 3 as China trims US Treasury holdings to $651.1 billion, lowest since 2008, amid geopolitical uncertainty.
ElevationSpace Raises ¥6.4B in Series B, Eyes Global Space Market
ElevationSpace secures ¥6.4B Series B funding for reentry satellite technology, bringing total funding to ¥10.1B for space-to-Earth cargo transport.
Germany Tightens Deportation Rules for Criminals, June 19
German interior ministers toughen deportation rules for criminals and expand phone tracking for deportable migrants to enforce orders.
SpaceX Stock Falls to $185 After Cursor Deal, June 19
SpaceX stock falls to $185 after Cursor acquisition. Down from $212 peak but 37% above IPO price. Morningstar fair value estimate: $62.
Vikram Solar Eyes Growth as Andhra Pradesh Partnership Talks Advance, June 19
Vikram Solar expands manufacturing in Andhra Pradesh with ₹4,802 crore revenue, zero debt, and investor meeting June 23.