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Miners Of Bitcoin Reap Profit Before The "Halving"

While the sun is shining, bitcoin miners are generating money.   With the recent surge in cryptocurrency prices, the industry has emerged from its slump. Currently, mining businesses are scurrying to lock in earnings before the "halving" of bitcoin, which would see rewards for creating...

Confusion In Global EV Battery Supply Chain Due To China's Graphite Restrictions

Beijing's intention to restrict graphite exports will have a disproportionate impact on international makers of electric vehicle battery components who have not yet transitioned to utilising as much synthetic material as Chinese rivals, according to industry insiders and experts.   Since it...

Concerns About The Declining Market For Electric Cars Are Growing

A warning from a battery manufacturer and the cancellation of a GM-Honda agreement on Wednesday serve as more evidence that high interest rates are impeding the goals of automakers and climate regulators to expedite the transition to electric vehicles. Although sales of electric vehicles are...

Southeast Asia Is Challenging EU Objectives By Aiming For Hands-Off AI Guidelines

Southeast Asian nations are approaching artificial intelligence legislation in a business-friendly manner, putting the European Union's desire for internationally unified regulations that complement its own severe framework on the back burner.   A private draught of the Association of...

Weight-Loss Medications Create A Boom For Companies That Fill Syringes

Contract medicine makers looking to enter the brisk weight-loss drug business are investing billions of dollars to expand or create factories that fill the injection pens needed to give treatments such as Novo Nordisk's Wegovy.   In interviews with a dozen executives, analysts, and...

Most Diesel Export Restrictions In Russia Are Lifted

The Russian government has announced that the majority of the limitations put in place on September 21 on pipeline exports of diesel through ports have been lifted.   The export limitations on petrol are still in effect.   About 35 million tonnes of diesel were exported...

Peak Crude Demand Is Causing Conflict And Enmity In The Oil Industry

The International Energy Agency and OPEC have been engaged in a verbal and statistical battle over the future of peak oil demand, which is essential to the survival of petroleum producers.   Peak oil demand is the moment when the world's demand for crude reaches its peak level. This is...

Growing Contempt For Trade Regulations At The WTO Reveals Global Fragmentation

The mounting number of outstanding disputes and the expanding list of what the World Trade Organisation refers to as its members' "trade concerns" are the best indicators of the organization's predicament.   29 cases have been left unresolved since late 2019, when the U.S. stopped the...

Japan Halts Profitable Used-Car Trade With Russia

According to trade data and market players, Japan's decision to prohibit the majority of used-car sales to Russia put the brakes on a $2 billion-per-year industry that had exploded under the shadow of other countries' sanctions related to the Ukraine.   A network of brokers and smaller...

Credit Card Losses Have Increased At The Quickest Rate Since The Great Financial Crisis

With the exception of the Great Financial Crisis, credit card businesses are suffering losses at the greatest rate in over 30 years, according to Goldman Sachs.   Although initial increases were probably reversals from stimulus, credit card losses reached their lowest point in September...

India Will Postpone Approving Laptop Imports In Response To Industry And US Opposition: Report

According to two government officials, India will postpone the import licence requirement for laptops and tablets after industry and the U.S. government objected to the measure, which might harm Apple, Samsung, and other companies.   The administration will evaluate whether to enact a...

Indefinite Russian Restriction On Diesel Exports Poses A Potential To Make The Current Global Scarcity Worse

Russia put an indefinite halt on the supply of diesel and petrol to the majority of nations, which runs the risk of interrupting fuel supplies just as winter sets in and might worsen existing shortages worldwide.   The Kremlin announced Thursday that it would impose "temporary" limitations...
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