Category: news
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Column: Germany needs more baseload power for vital industrial reboot
LITTLETON, Colo., Jan 31 (Reuters) – Europe’s main industrial engine – Germany – may be entering a recession after its economy shrank in the final quarter of 2022. The 0.2% quarter-on-quarter contraction in gross domestic product is a shallower decline than many economists had feared in early 2022, when Russia’s invasion of Ukraine sent power prices surging…
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ExxonMobil to build largest renewable diesel facility in Canada
ExxonMobil’s affiliate, Imperial Oil Ltd, will invest $560 million at Imperial’s Strathcona refinery (in picture) to construct the largest renewable diesel facility in Canada. It is expected to produce 20,000 barrels of renewable diesel/day. IRVING, US: ExxonMobil announced its majority-owned affiliate, Imperial Oil Ltd, will invest about $560 million to move forward with construction of…
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Here’s why ChatGPT might be ‘at capacity’ for you right now
AI-powered ChatGPT has recently been frustrating a sizable number of potential new users due to its own popularity, resulting in a very common “at capacity” notice that many people are facing. Unfortunately, right now, there’s only one solution available, and that’s to wait it out or come back at a time when less people are using it.…
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Jeddah anticipates $90bn real estate and infrastructure projects by 2030
The Red Sea port city of Jeddah is set to see $90 billion of real estate and infrastructure projects developed by 2030, according to an analysis carried out by global property consultant, Knight Frank. Faisal Durrani, partner – Head of Middle East Research at Knight Frank, explained: “As the tentacles of Vision 2030 spread across the…
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Canada injects $75 million into BHP’s Jansen potash mine
With billions of dollars spent in the past decade, BHP has already built two mine shafts and is planning for first potash production in 2026. (Image courtesy of BHP.) The government of Canada is investing C$100 million ($75m) to support the development of BHP’s low-emissions Jansen potash mine in Saskatchewan, about 140 km east of Saskatoon. The cash…
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Gucci’s Challenge: Reigniting Heat While Boosting Timeless Appeal
Sabato De Sarno, newly appointed by Kering to reinvigorate its prized Gucci brand, needs to spark heat with a new direction, analysts say — a delicate task, given the emphasis executives have also put on the label’s timeless appeal. De Sarno, a senior fashion designer from Valentino, is tasked as creative director with reviving the fortunes of the brand…
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Upcycling textile waste into gorgeous colors
Archroma has introduced a ground-breaking innovation – the FiberColors* technology. With this, Archroma upcycles textile waste into gorgeous colors. The colors are synthesized from a minimum content of 50 percent waste-based raw material. With the Earth population reaching 8 billion in November 2022, the need to address the issue of textile waste becomes more critical.…
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FEIN launches world record breaking core drilling machine
FEIN, the leading power tools and accessories manufacturer, has launched the world’s smallest compact core drilling machine with right and left rotation, the KBC 36 Magforce, to the UK’s metalworking market. The Magforce has a tiny installation height of just 169 mm and a length of 290mm, making it the world’s most compact drill of…
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Discovery advances biofuel crop that could curb dependence on fossil fuel
Michigan State University researchers have solved a puzzle that could help switchgrass realize its full potential as a low-cost, sustainable biofuel crop and curb our dependence on fossil fuels. Among switchgrass’s attractive features are that it’s perennial, low maintenance and native to many states in the eastern U.S., including Michigan. But it also has a…
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Apple’s $600 M2 Mac mini obliterates the $6,000 Mac Pro
We just got even more proof that it’s high time Apple released a new version of the Mac Pro. Why? Because it just got smoked in a benchmark — and by a device that costs a tenth of its price. The M2 Mac mini was tested in single-core and multi-core operations and then compared to the…
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