The latest news
Global Hydrogen Projects Surge: Australia Leads Q4 2024 Expansion Wave
Sydney, Monday, 18 November 2024.
A significant shift in global hydrogen development is unfolding with 12 new plants announced across nine countries in Q4 2024. The projects represent a combined capacity of 175 million tonnes annually, with Australia securing the largest single project. While North America leads in total hydrogen capacity, Europe dominates in post-feasibility projects, signaling a strategic realignment in the global hydrogen landscape. Despite a typical year-end slowdown in project announcements, the sector maintains robust growth with 79% of projects in feasibility stage, indicating strong future development potential.
latest news in companies
Major Water Infrastructure Deal: Azuria Expands California Presence
New York, Monday, 18 November 2024.
In a strategic move strengthening its West Coast operations, water infrastructure leader Azuria Water Solutions acquires Performance Pipeline Technologies, securing crucial trenchless rehabilitation expertise and established Southern California customer base. The deal, announced today, maintains local leadership while expanding Azuria’s comprehensive water management capabilities.
latest news in economy
Grid Modernization Wave: DTE Energy's $100M Push to Halve Power Outage Times
Detroit, Monday, 18 November 2024.
In a landmark initiative for Michigan’s energy future, DTE Energy is investing $100 million in three strategic substations, aiming to reduce outage frequency by 30% and slash restoration times by half by 2029. This ambitious infrastructure upgrade incorporates smart grid technology, positioning the utility to meet growing demands from electric vehicles while serving its 2.3 million customers more efficiently. The project represents a significant shift in how utilities are approaching grid resilience, with new substations planned for Northville Township, Pontiac, and Shelby Township between 2024 and 2026.
latest news in politics
Trump Makes History with 27-Year-Old Press Secretary Pick
Washington, D.C., Sunday, 17 November 2024.
In a groundbreaking appointment, Karoline Leavitt is set to become America’s youngest-ever White House Press Secretary, breaking a 55-year record held since Nixon’s administration. The former Trump campaign spokesperson and MAGA Inc. representative brings her aggressive media style to this prestigious role, marking a significant generational shift in White House communications.
latest news in global
Mali's $160M Mining Shakedown: CEO's Freedom Hangs in Balance
Bamako, Monday, 18 November 2024.
In an unprecedented corporate standoff, Resolute Mining agrees to pay $160 million to Mali’s government while its CEO and two executives remain detained in Bamako. The settlement, exceeding the company’s cash reserves, highlights escalating risks for international mining operations in West Africa. Despite the payment, operations at the Syama Gold Mine continue unaffected, though company shares plummeted 14.3% on the news. This case follows a pattern of Mali’s military government pressuring foreign mining companies, as demonstrated by similar actions against Barrick Gold, signaling a shifting power dynamic in Africa’s resource sector.
latest news in general
Revolutionary Seatbelt Biosensor Set to Transform Driver Safety Monitoring
N/A, Sunday, 17 November 2024.
A groundbreaking metamaterial biosensor, embedded directly into seatbelts, can now monitor drivers’ heart rates and breathing patterns through clothing while filtering out vehicle vibrations. Tested successfully during a 1.5-hour drive in Singapore, this innovation could fundamentally change how we approach transportation safety by providing real-time stress and alertness monitoring for both drivers and pilots.
latest news in technology
Generative AI Market Set to Surge: Global Value to Hit $7.28 Billion by 2029
Dublin, Monday, 18 November 2024.
New market analysis reveals explosive growth in the fintech sector’s AI adoption, projecting a remarkable 36.3% annual growth rate. North American financial institutions lead the transformation, with major players like IBM and Microsoft driving innovation in fraud detection and personalized banking solutions. Key concerns around data privacy and algorithmic bias remain central to implementation strategies.
latest news in health
Breakthrough in CRISPR Gene Therapy for ATTR Amyloidosis
Cambridge, Saturday, 16 November 2024.
Intellia Therapeutics reports promising Phase 1 results for nexiguran ziclumeran (nex-z), a one-time CRISPR-based gene editing therapy for transthyretin (ATTR) amyloidosis. The treatment showed a 90% reduction in serum TTR levels at 12 months, with evidence of disease stabilization or improvement in advanced heart failure patients.