‘We told them there is no need…’: Bangladesh cuts electricity imports from Adani Power

Bangladesh has reportedly halved its electricity imports from India’s Adani Power, citing falling winter demand and unresolved payment issues worth hundreds of millions of dollars.  The move follows months of financial strain as Dhaka grapples with a foreign exchange crisis. Adani Power, which operates a $2 billion plant in Jharkhand under a 25-year deal signed … Read more

This Smartphone Is Now Just $90 for Cyber Monday, Over 10x Cheaper Than Apple and Samsung Smartphones

Phone sizes have had an interesting history. Way back when, when cellphones first started becoming an “everyone has them” type of product, they marketed themselves for how tiny they were. Each year they’d get smaller and smaller—easily fitting into pockets of any size. Then video became possible on phones. Websites began building their front ends … Read more

Soccer stadium stampede in Guinea kills at least 56 people, officials say, including several children

Conakry, Guinea — Fifty-six people were killed and several injured in a stampede at a soccer stadium in southern Guinea following clashes between fans, the military government of the West African nation said Monday. Authorities were conducting an investigation to establish who was responsible for the stampede on Sunday, Communications Minister Fana Soumah said in a … Read more

Get ready for weaker returns in 2025 after huge stock gains in the last 2 years, Wharton professor Jeremy Siegel says

Getty Images The S&P 500 will see gains capped at 10% next year, Jeremy Siegel said. The Wharton professor expects large-cap tech shares could see flat returns in 2025. But undervalued small- and mid-cap stocks will rally, he said. The S&P 500 will be running on fumes in 2025 after a scorching two-year rally, Jeremy … Read more

Musk’s $101bn Tesla pay package again rejected by US judge | Technology

Judge says Tesla’s ‘unprecedented theories’ do not support argument to reverse previous ruling scrapping pay deal. A judge in the United States has upheld a decision to deny Tesla CEO Elon Musk a multibillion-dollar pay package despite shareholders voting to restore the compensation deal. The decision by a Delaware judge on Monday reaffirmed an earlier … Read more

Gold tumbles as Trump’s newest tariff threat boosts dollar (NYSEARCA:GLD)

Dec. 02, 2024 5:50 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, RING, OUNZ, SILJ, BAR, GLDM, AAAU, XAGUSD:CUR, XAUUSD:CURBy: Carl Surran, SA News Editor monsitj/iStock via Getty Images Gold futures fell Monday to start both the new week and month, pressured by a stronger dollar after President-elect … Read more

Why does the name ‘David Mayer’ crash ChatGPT? Digital privacy requests may be at fault

Users of the conversational AI platform ChatGPT discovered an interesting phenomenon over the weekend: the popular chatbot refuses to answer questions if asked about a “David Mayer.” Asking it to do so causes it to freeze up instantly. Conspiracy theories have ensued — but a more ordinary reason may be at the heart of this … Read more