Texas Is Warned of Blackout Risk as Sun Sets This Summer
The risk of power failures this summer remains elevated for many parts of North America amid soaring demand and generator shutdowns.
The risk of power failures this summer remains elevated for many parts of North America amid soaring demand and generator shutdowns.
Addiko Bank is becoming one of the hottest acquisition targets in southeastern Europe after Slovenian regional heavyweight Nova Ljubljanska banka d.d. joined two Serbian lenders already jostling for stakes in the Balkans consumer-loan specialist.
AT&T Inc. and satellite provider AST SpaceMobile Inc. are teaming up to provide wireless service from space — a challenge to Elon Musk’s SpaceX, which struck a similar deal two years ago with T-Mobile US Inc. AST SpaceMobile jumped in extended trading on the news.
Uber Technologies Inc. is launching shuttle bus services to and from airports, concert venues and sports stadiums. The delivery company separately announced that Costco Wholesale Corp. is joining as a grocery partner on its delivery platform, Uber Eats.
The International Monetary Fund approved a new way for countries to channel reserve assets to multilateral development banks, part of a broader push to raise funds for challenges like climate resilience and poverty reduction.
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