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United States
OpenAI Projects 220 Million Paying ChatGPT Users by 2030
OpenAI forecasts that by 2030, approximately 220 million weekly ChatGPT users will subscribe to paid plans, representing 8.5% of an expected total of 2.6 billio…
United States
Apple Delays Next Version of iPhone Air, the Information Reports
Apple (AAPL.O) will delay the release of the next version of its iPhone Air, originally planned for fall 2026, due to weaker-than-expected sales, according to a…
United States
Boeing Gets Nod to Start Next Phase of 777X Certification Trials
Boeing (BA.N) has received approval from the U.S. Federal Aviation Administration (FAA) to begin the third of five major phases of certification flight tests fo…
Australia
Qantas Eases Throttle on Domestic Outlook, Trims First-Half Domestic Revenue Forecast
Australian flag carrier Qantas Airways (QAN.AX) on Friday lowered its first-half 2026 domestic unit revenue forecast and raised its fuel cost projection, citing…
United States
Simon Property Group Raises Annual Real Estate Ffo Forecast on Resilient Leasing Demand
Commercial real estate investment trust Simon Property Group raised its full-year forecast for real estate funds from operations (FFO) on Monday, citing continu…
Electric Vehicles
Waymo to Launch Autonomous Ride-Hailing Service in London Next Year
Alphabet-owned Waymo (GOOGL.O) announced on Wednesday that it plans to launch its fully driverless ride-hailing service in London in 2026, marking a significant…
Electrification
Equinor Drops Offshore Electrification Plans Over Rising Costs
Equinor announced on Friday that it has decided to cancel plans to reduce greenhouse gas emissions by linking several offshore oil and gas platforms to Norway&r…
United States
Brazilian Beef Exports to the US Have Fallen Due to Trump’s Tariff Hikes
Brazilian beef exports to the United States are projected to decline further in September, continuing the trend seen in August, citing statements from Roberto P…
Metal
India Defers Hike in Low-Grade Iron Ore Export Duty
India has postponed its plan to raise export duties on low-grade iron ore and pellets after facing strong objections from the domestic mining industry, accordin…
Power Construction
US Launches Effort to Speed Power Grid Projects for AI
The U.S. administration on Thursday announced new measures to accelerate development of power plants and transmission lines, citing rising electricity demand dr…
Battery
Cummins Launches Plug-And-Play BESS in India for Commercial, Industrial Use
Cummins has launched fully integrated, plug-and-play battery energy storage system (BESS) solutions in India, offering capacities ranging from 211 kWh to 2,280 …
Metal
ArcelorMittal South Africa Plans to Shed 4,000 Jobs
ArcelorMittal South Africa (AMSA), a major steel producer, is set to reduce its workforce by nearly half, according to a Reuters report citing the Solidarity un…
Wind Power Project
US Halts øRsted’s Revolution Wind Project Over Security Concerns
The US government has directed Ørsted, the Danish energy company, to suspend work on its offshore wind project, Revolution Wind, citing national security…
Offshore Wind Power
Equinor Makes $955 Million US Offshore Wind Writedown
In April 2025, U.S. Interior Secretary Doug Burgum halted construction of Norway’s Equinor Empire Wind project off New York’s coast, citing insuffic…
Electricity Transmission
China’s Record-Breaking Heat Pushes Power Demand to New High
A prolonged heatwave across China has pushed electricity demand to an unprecedented peak, surpassing 1.5 billion kilowatts, according to energy officials. The i…
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