For example, she said, the environmental licensing process for a hydroelectric plant takes an average of 10 years, and the country has 27,000 regulations. In 2022, she said, more than 5,000 projects — including highways, railways, waterways, transmission lines, mineral pipelines, gas pipelines and fiber-optic cables — were stalled over licensing issues.
Since the 1950s, Canada and the US have had a joint air defense system known as the North American Aerospace Defense Command, or Norad. In 2022, Canada unveiled a C$38.6 billion ($27 billion) long-term plan to contribute to a modernized Norad. That funding includes a new Australian-developed radar system to detect incoming missiles, announced by […]
The sixth generation of the RAV4, a model which made its US debut in 1996, boosts output by as much as 236 horsepower, up from 219 currently. Toyota didn’t specify expected fuel economy, but the plug-in’s electric-only mode range grows to 50 miles, which is 20% greater than the current version.
The slow ad recovery has been weighing on Baidu’s shares the most, said Kai Wang, a Morningstar Inc. analyst. “Once advertising comes back, Baidu’s valuation should come up pretty quickly, as that’s likely holding the AI business back,” he said. “It’s one of the few players in China that can actually build out the data […]
The liquefied natural gas and logistics company asked to be reconsidered for the 800-megawatt contract to help shore up the US commonwealth’s shaky electric grid, according to a letter it sent to the Puerto Rico governor’s office. New Fortress argued that it would be the cheapest power supplier and could provide clean fuel and a […]
“This is not normal,” said Michelle Solomon, a manager of electricity policy at energy and climate think tank Energy Innovation Policy and Technology LLC. “When the administration can just stop work on projects that have been fully permitted, gone through the right procedures and had billions of dollars invested, for any industry that’s alarming.”
CATL supplies batteries to top-tier customers such as Tesla Inc., Volkswagen AG, Ford Motor Co. and Mercedes-Benz Group AG. It has a market share of roughly 38% in electric-car batteries, comfortably ahead of its closest challenger, top EV maker BYD Co.’s 17%, according to SNE Research.
He accelerated his purchases from early January, for his own investment and with managed funds, with Zhongcai holdings reaching a peak near 40,000 lots, or 200,000 tons of the metal, in early April, before Trump began his escalation of tariffs, exchange data shows. He later moved some of the brokerage’s positions to CME Group’s Comex, to capture US turbulence, […]
There’s going to be a new entrant that potentially could knock Apple off, you know, the top of the technology mountain, right? And in order for Apple to avoid that, they’re gonna have to beat out those new entrants time and time again. And AI is the big thing right now, and they have so […]
Since the RBA’s March 31-April 1 meeting, data showed hotter-than-expected inflation, a surprise acceleration in wages and a tight job market. That suggests the RBA has “no reason to give any additional encouragement to the market’s rate cut hopes,” said Sean Keane, chief Asia Pacific strategist for JB Drax Honore, referring to pricing for two […]