The European Union is “ready to react” to Russia’s decision to halt gas supplies to the bloc, a top EU official told CNBC on Saturday. Russia’s state-owned energy giant Gazprom on Friday announced an indefinite halt to gas flows to Europe via the Nord Stream 1 gas pipeline, citing the need for additional repairs. The
Skyroot Aerospace on Friday revealed that it had raised $51 millon (roughly Rs. 400 crore) from a Singapore-based investor, according to a report. The startup will reportedly use the funding to build the country’s first private space launch vehicles (SLV), and accelerate the firm’s plans to launch heavy payloads into low-Earth orbit. It is looking to start commercial
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BALI, Indonesia — The European Union on Saturday urged China and India to join the G-7 initiative to apply a cap on Russian oil prices, saying it is unfair for countries to pay excess revenues to Moscow amid the Kremlin’s war in Ukraine. The G-7 nations announced Friday that they agreed on a plan to
In this article QCOM META Facebook parent Meta and Qualcomm will work on making virtual reality chips for various metaverse applications. Ercin Erturk | Anadolu Agency | Anadolu Agency | Getty Images Meta and Qualcomm are teaming up to develop custom chipsets for virtual reality products, the companies announced on Friday. The two U.S. technology
Privateer and Scout are “looking into how we can best combine our capabilities” WASHINGTON — Space-tracking startup Scout Space announced Sept. 1 it is partnering with Privateer Space, a new venture also focused on space situational awareness services for satellite operators. Scout is based in Alexandria, Virginia; Privateer is located in Maui, Hawaii. “The collaboration
Advocates for nuclear power assert that it could reduce emissions globally by 50%. Even though the use of renewable energy is increasing, it still only makes up a small part of total energy usage. Scalable and emitting no carbon dioxide while producing electricity is nuclear energy. (Photo : Pixabay) Global Estimates According to a recent
Electric bicycles are one of the most fun and effective alternative transportation methods in existence. And this Labor Day you can save big on a new electric bicycle from many of the leading manufacturers. Summer may be coming to a close but it’s not over yet! Check out these awesome e-bike deals to get rolling
Much has been written about Walmart’s main sustainability program, Project Gigaton — the ambition to reduce or avoid 1 billion metric tons (a gigaton) of greenhouse gases from its supply chain by 2030. Now, five years in, the retail giant is claiming in its recent fiscal year 2022 ESG report to be halfway to its
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In this article ENEL-IT Enel’s Francesco Starace photographed during the World Economic Forum in Switzerland on May 24, 2022. During an interview with CNBC on Friday, Starace said dependence on gas was “foolish.” Jason Alden | Bloomberg | Getty Images The CEO of Italian energy firm Enel told CNBC Friday that Europe’s dependence on natural
Honor CEO George Zhao launched the company’s Honor 70 smartphone in Europe during a virtual presentation at the IFA trade show in Berlin, Germany. Honor, which was spun off from Chinese technology giant Huawei in 2020, is trying to boost its market share outside of China. Honor Honor, the smart devices company spun off from
TITUSVILLE, Fla — NASA has completed an agreement for a second private astronaut mission to the International Space Station with Axiom Space, the only company that bid on the opportunity. NASA announced Aug. 31 that it signed a “mission order” with Axiom Space for the mission, scheduled for the second quarter of 2023. The Ax-2
It was a very busy week here at the CNBC Investing Club — no major shakeups to the portfolio, but we still made lots of trades to take advantage of this turbulent market. Bottom line The lingering effects of Federal Reserve Chairman Jerome Powell’s Jackson Hole speech last Friday, Aug. 26, gave us an opportunity
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Dolphins have been reportedly slaughtered as the annual dolphin hunt has commenced in Japan’s whaling town of Taiji. The event involves fishermen heading out across the East Asian country to capture the dolphins by luring them into shallow waters, where they are mostly stabbed to death. Various reports indicate that controversial activity is receiving renewed
After teasing a new “Camp Mode” feature earlier this week, Rivian has rolled out its latest software update to include the new function along with a bunch of cool features to try out during the long holiday weekend. Check it out footage from Rivian below. Since its inception, Rivian has prided itself on being an
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