South African factory workers protested against the dismissal of foreign employees, arguing their skills are vital for businesses and job security for locals.
South African factory workers protested against the dismissal of foreign employees, arguing their skills are vital for businesses and job security for locals.
The credibility of climate pledges by the world's tech giants to rapidly become carbon neutral is fading fast as they devour more and more energy in the race to develop AI and build data centres, researchers warned Thursday. The report identifies a number of ways in which the tech sector can curb its carbon footprint, even as it develops AI apace.
Most stocks fell Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after Donald Trump said he had a handful of candidates to succeed Federal Reserve boss Jerome Powell, fuelling rate cut bets. "We think it's fair to suggest that the pressure on Powell to cut rates will increase, and that's adding to selling pressure on the dollar."
A federal judge has ordered the Trump administration to release billions of dollars allocated for the construction of electric vehicle charging stations in over a dozen US states. Seventeen attorneys general sued the Trump administration to unfreeze funds in May, led by California, the state with the largest number of electric vehicles.
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