News

The number of data centres is set to jump by a fifth in the coming years, figures seen by the BBC suggest.
Data centers, now consuming 5% of U.S. electricity, could more than double their power demand by 2030 amid AI and cloud expansion.
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The US Consumer Price Index is set to rise 2.8% YoY in July, at a faster pace than June’s 2.7% increase. The Fed is widely expected to cut the policy rate by 25 bps in September.
President Donald Trump and Russian President Vladimir Putin will meet August 15 in Alaska to discuss the Ukraine war and U.S.-Russia relations in a high-stakes summit.
Stock markets are set for another potentially turbulent week in the wake of Us tariff impact, q1 earnings and inflation data expected this week.
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Reports of shaking near a US volcano set to erupt are flooding in after an earthquake struck the area. No injuries or damages have been reported yet.
Siemens Energy said it had amassed a record order backlog of almost €136bn thanks to “enormous” demand for electricity driven by new data centres being built in the US.
It is learnt that Google is preparing to develop a 1GW data centre and supporting power infrastructure, with an estimated investment of $6 billion in the Port City.