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...These kinds of search results, which include an “AI-powered snapshot”, are more costly for Google to serve up than its traditional responses because generative AI consumes a lot more computing resources....
...According to his LinkedIn profile, he previously worked in government affairs for Cheniere Energy and as a senior adviser to the chief of executive of Tellurian Inc, two companies which pioneered the development...
...South East Water, which is under investigation by Ofwat for service failures, declined to comment on the letter....
...In the meantime, public hostility is making it unfeasible for the company to raise fresh equity and service its debt....
...Spanish renewables group Iberdrola has called off its planned $8bn acquisition of PNM Resources, cancelling a deal that would have transformed its Avangrid subsidiary into one of the biggest companies in...
...China has also been creating an alternative to Big Tech’s data centres and cloud services....
...Yet the challenges confronting the likes of Thames Water and many others among the UK’s 17 suppliers of water and sewerage services do smack unnervingly of the issues that banks faced in the period running...
...By contrast, many other businesses inside Icahn’s empire, which span automotive services, real estate and even sausage packaging, have struggled to generate meaningful earnings....
...This has left US and European power plant operators with little option, in the short term, but to continue buying raw materials and enrichment services from Russia’s state-owned nuclear giant: Rosatom....
...John Wood Group, the FTSE 250 engineering services company, should either move its listing to the US or consider a sale, activist investor Sparta Capital Management said on Tuesday....
...Unlike intermittent resources such as wind and solar, nuclear can provide a bedrock of 24-hour baseload power....
Ithaca’s deal with Eni would simply be trading assets around a troubled basin
...A detailed follow-up from Electrek on Monday reported that Model 2 work had indeed been “completely defunded” and that the project was “effectively scratched right now as Tesla is putting all resources into...
...The company, which provides water services to 15mn people in England, is now facing a messy debt restructuring or even the prospect of a temporary renationalisation under the government’s special administration...
...A broad range of interests, including companies and financial services groups, have attempted for several years to develop voluntary carbon markets to in essence pay for the shift to clean energy....
...“We need to make sure that companies are regulated in a way that makes sure that what happens to their balance sheet doesn’t do damage to public services on which we all depend,” Hunt said....
...Already-poor service levels would deteriorate further. In the meantime, there is a risk of Thames’s toxicity starting to pollute other water companies....
Also in today’s newsletter, one solar company thinks it has what it takes to go public — despite a down market for the sector
The utility’s nine shareholders and regulator Ofwat have moved firmly beyond bluff tactics
New survey shows geopolitical turmoil, tough macroeconomic conditions and AI spurring shifts in energy markets
...Netflix’s crackdown on password sharing helped the streaming service blow past Wall Street’s earnings forecasts, but its shares fell after it said it planned to stop regularly disclosing its subscriber numbers...
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...The commission said it had gone beyond its standard fining procedure to provide a deterrent not just for Apple but for other “companies of a similar size and with similar resources”....
New entrants including tech-focused traders and hedge funds helped drive unexpected increase in earnings
...NCR provides hardware and software services to keep the grocer’s technology up and running. In the old days, if something broke in a store, someone would drive out to make repairs, he said....
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