Business News
LONDON – The U.K.’s National Energy System Operator (NESO) has announced that its Demand Flexibility Service (DFS) will be available year-round starting Wednesday, 27th November 2024. This initiative, approved by energy regulator Ofgem, marks a significant expansion from the service’s previous winter-only availability. The DFS is designed to incentivize households and businesses to adjust their … Read more
Stay informed with free updates Simply sign up to the European companies myFT Digest — delivered directly to your inbox. If Charles Dickens were to rewrite A Tale of Two Cities today, he might well switch locations. To illustrate the best and worst of times in contemporary Europe, the novelist could perhaps have picked Helsinki … Read more
For most vegans, the 2009 introduction of Beyond Burgers represents a clear demarcation—of life before, when store-bought veggie burgers tasted like wax, and after, when they were not only exciting to eat, but delicious enough to share with your omnivorous friends. The Beyond Meat brand had a quick and early success—through big investors including Bill … Read more
Goldman Sachs has said that India’s GDP growth forecast will decelerate to 6.3 percent year-on-year (YoY) in 2025. However, the country will be relatively insulated from the global economic shocks expected from a potential trade war between the United States and China. In its report, Goldman Sachs said that despite the ongoing global uncertainties, … Read more
This year is approaching an end, but investors shouldn’t ignore some fairly priced stocks before the calendar flips to 2025. Often, fund managers reposition their portfolios in December, which can lead to what’s called a “Santa Claus Rally.” This effect causes stock prices to rise significantly in December because a lot of people are buying. … Read more
Virtus Stone Harbor Emerging Markets Income Fund declares $0.06 dividend
Investing.com — Nvidia’s latest earnings report highlights growing enterprise AI demand, with positive implications for server manufacturers Dell Technologies (NYSE:), Hewlett Packard Enterprise (NYSE:), and SuperMicro, according to Citi analysts. The bank explained in a note Thursday that Nvidia’s reported revenue of $35 billion for the October quarter marked a 90% year-over-year increase and exceeded consensus … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Angela Merkel has defended her refusal to offer Ukraine a path to Nato membership in 2008, saying it would have been “playing with fire” to ignore Russia’s opposition to Kyiv joining the military alliance. The … Read more
Generative artificial intelligence is the elephant in the (class)room at schools nationwide. And while many students have largely caught on to its omnipresence, teachers are lagging behind. OpenAI, the parent of ChatGPT, is hoping to change the dynamic with a new partnership with one of the best business schools in the country. Advertisement STEM-designated. Tar … Read more
Kenyan President William Ruto announced on Thursday that he had instructed the suspension of the procurement process for the expansion of the country’s main airport, which had included a proposal from the Adani Group. Ruto in his nation address said he has also directed the cancellation of a 30-year, $736-million public-private partnership agreement that the … Read more