The eurozone narrowly avoided recession in Q4 2023, the persistent fragility of the economy, influenced by factors like energy shocks, geopolitical tensions, and limited fiscal stimulus, presents ongoing challenges as the region moves into 2024. The European Central Bank faces increasing pressure to address economic concerns, raising questions about the trajectory of borrowing costs in …
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Big Oil Consolidation: Climate Positives Expected
Potential Climate Benefits Anticipated as Major Oil Companies Pursue Significant Consolidation In a significant move, the largest US oil and gas companies are undergoing substantial consolidations, offering potential benefits for the climate. A notable development includes the recent merger of Chesapeake Energy, a mid-sized Oklahoma-based natural gas producer, with Texas-based Southwestern Energy in a $7.4 …
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Biden and Trump Set to Face Off in 2024 US Presidential Election?
As the United States gears up for the 2024 presidential election, all eyes are on a potential rematch between President Joe Biden and former President Donald Trump. The stage is set for a high-stakes political battle, with Biden being the oldest candidate in US history and Trump facing legal challenges with 91 charges and four …
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Amidst Geopolitical Tensions, Global Gas Demand Expected to Surge in 2024
The International Energy Agency (IEA) forecasts a surge in global gas demand in the coming year, propelled by colder winter temperatures and declining prices. Emerging economies are expected to drive this increased consumption. However, the IEA’s Gas Market Report warns of potential renewed price volatility, citing geopolitical risks and supply-side concerns as key factors that …
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Amazon Working On An AI-powered Search Experience
Amazon is yet another competitor set to enter the chatbot arena, following in the footsteps of Google, by developing an AI-powered search experience. Recently, Bloomberg released a report revealing that the company is working on an “interactive conversational experience” for Amazon Search. It is designed to assist users in finding product information, comparing options, and …
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ChatGPT Can Now Browse The Internet, OpenAI’s Latest Update Offers Accurate Responses
ChatGPT is going to the next level with the new update. OpenAI’s ChatGPT has unveiled a major update, which includes the ability to connect to the internet. Additionally, the latest version of GPT-4 now incorporates more than 70 third-party browser plugins, among other features. Currently, these enhancements are exclusively available to ChatGPT Plus subscribers, who …
Infosys Pulls Out of Russia following Moscow’s invasion of Ukraine
Infosys reported a 12% increase in March’s quarter net profit and said it is pulling its business out of Russia, joining a growing list of companies leaving the country in the aftermath of Moscow’s invasion of Ukraine. On Wednesday, Infosys CEO and MD Salil Parekh stated that the company will not work with any Russian …
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How Google’s Anthos Is Different from AWS and Azure Hybrid Clouds
Google brings a new game to town with the recent announcement of its Anthos product hitting general availability. Anthos was conceived to help developers and IT administrators navigate the complex waters of distributed applications. While Microsoft was the first hyperscale cloud platform operator to make it possible to run its cloud environment in customers’ own data centers …
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