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...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...Apple, however, is so far missing out on much of that broader industry recovery....
...It noted its request represented just 11 per cent of the recovery, less than the 15 per cent in the previous case....
...The price of oil is being kept down by weak Chinese demand, despite Opec production cuts....
...A new satellite mission to track planet-warming emissions of methane gas is finally set to launch, now aided with artificial intelligence technology to help build a global map of oil and gas infrastructure...
...It would also set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology.”...
...Back in Taipei, Acer chairman Jason Chen is also looking for signs of a recovery, in this case in the PC market....
...As companies tackle digital overhauls of their businesses — from homeworking to customer relationship management — they are increasingly relying on external providers for information technology services...
...The Taiwanese chip giant reported 70 per cent recovery of its most critical equipment within 10 hours of the recent earthquake....
...They use stacking technology to improve the bandwidth and performance of GPUs in high-speed computers....
...Despite Flutter touting its superior technology, competitors are quick to copy once a new product proves successful, points out Peel Hunt’s Ivor Jones....
...Exxon has said it will be able to drive $2bn in annual synergies over the next decade through the Pioneer acquisition — largely by using technology to increase oil recovery, but also with longer wells....
...When the oil crisis came along and markets tumbled, this group fell a lot more than most — over-loved, overpriced and open to profit-taking....
...Buffett later supercharged the investment as he warmed to the technology company, and he spent tens of billions of dollars buying its stock....
...Only utilities (a fixed income substitute at a moment of high rates) and energy (beset by low oil prices) have produced disappointing results....
...Biz2Credit hopes to step into an underserved market and take advantage of the oil-rich emirate’s strong interest in fostering artificial intelligence and technology as a long-term alternative growth source...
...Department for Transport shows that licensed taxi vehicle numbers have fallen since 2015, with a particularly sharp drop during the Covid-19 pandemic in 2020, from which London cabs have made only a small recovery...
...Grindal said his company was deploying technologies such as drones and satellites to monitor methane leaks in its infrastructure....
...However, analysts and fund managers said the weak recovery highlighted concerns about policy uncertainty in China....
...Plenty of people raised questions about BP’s corporate governance in the wake of the disastrous Deepwater Horizon oil spill in 2010....
...She added: “The FDP will support key priorities of the NHS, including recovery of elective care and the improvement of discharge processes to get medically fit patients treated and home quicker.”...
...Vik, the energy consultant, says that the bloc faces a difficult scenario with structurally higher energy prices than the US and China, its rivals for clean technology manufacturing capacity....
...A version of this article was first published by Nikkei Asia on January 16. ©2024 Nikkei Inc. All rights reserved....
...Some utilities have been faulted for not spending more on technology, satellite modelling and sensors that could help them better predict conditions that would spark a wildfire....
...“After the war Ukraine will probably become the largest construction site in the world, and Indian companies are welcome to participate in the recovery,” Kuleba said....
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