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Monthly Archives: June, 2023

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Amazon to invest $100M in generative AI center: Report

Amazon's cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for...

Dollar rebounds, focus turns to inflation data

The US Dollar started a recovery on the back of risk aversion that could continue at the beginning of the last week of...

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Mars candy looks to grow ice cream business with factory investment

Dove Ice Cream Bars are packaged at Mars' factory in Burr Ridge, Illinois.Source: MarsCandy giant Mars is trying to make a name for itself...

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West Virginia bets on hydrogen in gamble to save coal plant

West Virginia leaders eager to save Pleasants Power Station, a top buyer of the state’s coal, include Republican Gov. Jim Justice and Democratic Senator...

TipRanks reveals the top 10 Wall Street utilities sector analysts

Rows of cabinets containing lithium ion batteries supplied by Fluence, a Siemens and AES Company, are seen inside the AES Alamitos Battery Energy Storage...

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MUFG trade of the week: Staying long EUR/USD and long AUD/NZD

MUFG maintains a long EUR/USD position to its TOTW portfolio (spot ref: 1.0920), with a target at 1.1320, and a stop at 1.0620. MUFG...

Inside Manchin’s war with Biden on electric vehicles

The dispute is coloring the administration’s relationship with a pivotal lawmaker who has torpedoed some of Biden’s nominees because of his disagreements with the...

Netflix rises again as legacy media failures mount

Bob Iger, CEO of The Walt Disney Company, left; David Zaslav, CEO and president of Warner Bros. Discovery, center; and Bob Bakish, president and...

Prigozhin to leave for Belarus, case against him to be dropped

The Kremlin says Yevgeny Prigozhin will leave for Belarus is a deal that was brokered by Belarusian President Alexander Lukashenko. He agreed to leave...

Sunak: We'll hold our nerve and stick to inflation plan

Rishi Sunak says there is no alternative to stamping out inflation, in a week where interest rates rose again. www.bbc.co.uk

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