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Asian investors step up selling as rate hikes loom
Asian investors step up selling as rate hikes loom
by  AFP

Investors further unloaded equities in Asia on Thursday as they girded themselves for more interest rate hikes aimed at quelling runaway inflation, with some analysts warning that markets could retest the lows touched in June. The hawkish remarks out of the Fed have dealt a hefty blow to a rally in markets from their June lows.

High energy prices threaten UK hospital services
High energy prices threaten UK hospital services
by  AFP

UK hospitals bosses on Thursday warned that patient care may have to be cut to offset huge increases in energy bills over the winter months. Businesses across the board have warned the huge increases could force many to close if the government does nothing to help.

Californians told not to charge EVs as grid struggles in heat wave
Californians told not to charge EVs as grid struggles in heat wave
by  AFP

Californians were told Wednesday not to charge their electric vehicles during peak hours, just days after the state said it would stop selling gas-powered cars, as the aging electricity grid struggles with a fearsome heatwave. The call to limit electric vehicle charging comes a week after state regulators banned the sale of new petrol- and diesel-powered vehicles from 2035.

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