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Category energy

The Fortunes of Tomorrow Will Be Built on Compute Power

The Fortunes of Tomorrow Will Be Built on Compute Power

In the 20th century, investors who understood energy shaped industries and built massive fortunes. This century, the commodity that matters most is...
Commodity wrap: gold, silver, and copper surge on Fed rate cut hopes

Commodity wrap: gold, silver, and copper surge on Fed rate cut hopes

Gold prices breached the $4,200 per ounce mark on Wednesday for the first time as rate cut hopes boosted sentiments.  Silver prices on COMEX rose m...
US sanctions ripple through China’s ports: tankers rerouted, congestion mounts

US sanctions ripple through China’s ports: tankers rerouted, congestion mounts

Following US sanctions on an import terminal in eastern China, trading firms have redirected at least five crude oil tankers from a major port in t...
Elon Musk Says Bitcoin Is Based on Energy, Which Is Impossible to Fake

Elon Musk Says Bitcoin Is Based on Energy, Which Is Impossible to Fake

Tesla and Spacex CEO Elon Musk said on Oct. 14 on X that bitcoin is based on energy, contrasting it with fiat currencies that governments can infla...
Britain unprepared for 2°C global warming by 2050, say climate advisors

Britain unprepared for 2°C global warming by 2050, say climate advisors

Britain needs to immediately start preparing for a minimum 2-degree Celsius increase in global temperatures above pre-industrial levels by the year...