NEWS
Suez Canal revenues rise as tanker traffic rebounds amid shipping route shifts
By Axel Miller | 10 Jun 2026
Suez Canal revenue climbed to about $425 million in April as oil tanker traffic surged nearly 28%, supporting Egypt’s economic recovery despite shipping volumes remaining below pre-crisis levels.
SpaceX’s Starbase expansion brings growth and community tensions in Texas
By Cygnus | 10 Jun 2026
SpaceX’s Starbase facility is driving jobs and investment in South Texas while facing property damage lawsuits, safety investigations and community concerns over expanding launch activity.
BizLink to acquire Interplex Datacom for $850 million to expand AI data center business
By Axel Miller | 10 Jun 2026
BizLink will acquire Interplex Datacom from Blackstone-backed Ennovi for $850 million in cash, expanding its AI server, connectivity, and data center infrastructure capabilities.
SK Hynix targets U.S. listing as AI-driven chip demand boosts outlook
By Cygnus | 10 Jun 2026
SK Hynix is targeting a U.S. ADR listing as early as August, aiming to capitalize on strong investor demand for AI-related semiconductor stocks and expand its global investor base.
India’s home battery network could help support rising power demand
By Axel Miller | 10 Jun 2026
India’s millions of residential inverter batteries could evolve into a distributed energy storage network, helping manage peak electricity demand and support renewable energy growth.
Exponent Energy raises ₹200 crore to expand commercial EV charging network
By Cygnus | 10 Jun 2026
Exponent Energy has raised ₹200 crore ($21.1 million) from 360 ONE Asset and TDK Ventures to expand its 15-minute EV charging network and commercial mobility platform across India.
Meta and CleanMax partner for over 900 MW renewable energy capacity in India
By Axel Miller | 10 Jun 2026
Meta and CleanMax will develop more than 900 MW of renewable energy capacity in India, including 837 MW of new solar and wind projects across Rajasthan and Karnataka.
Apple’s AI-powered Siri faces adoption hurdles from aging iPhone base
By Cygnus | 09 Jun 2026
Morgan Stanley says more than 1.3 billion iPhones cannot support Apple’s most advanced AI-powered Siri features, potentially slowing adoption while driving future hardware upgrades.
Adani Energy to acquire IntelliSmart in ₹3,050 crore smart metering deal
By Axel Miller | 09 Jun 2026
Adani Energy Solutions will acquire IntelliSmart Infrastructure for ₹3,050 crore, expanding its smart meter portfolio to more than 4.7 crore units across India.
Starlink widens lead as airlines race to upgrade in-flight Wi-Fi
By Cygnus | 09 Jun 2026
Airlines accelerate next-generation Wi-Fi upgrades as Starlink expands fleet contracts worldwide while Amazon's Project Kuiper pursues major aviation partnerships.
Denmark awards $2.6 billion CCS subsidy to Aalborg Portland
By Axel Miller | 09 Jun 2026
Denmark grants Aalborg Portland up to $2.55 billion in CCS subsidies for its ACCSION project, supporting one of Europe’s largest industrial carbon capture initiatives.
Adani Green operationalises 3.37 GWh battery storage system at Khavda
By Cygnus | 26 May 2026
Adani Green Energy operationalises a 3.37 GWh battery storage system at Khavda in Gujarat to strengthen round-the-clock renewable power supply.
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