In a digitalizing world, tech giants like Microsoft and Google deem nuclear power crucial for powering large data centers. However, they hesitate to invest in new reactor developments. This trend was highlighted at the American Nuclear Society’s ANS annual gathering, noting a significant shift in U.S. energy consumption. Bill Gates, unlike his peers, has backed […]
Related Posts
Cosan Halts Moove IPO: Brazilian Oil Giant Faces Market Headwinds
The Brazilian conglomerate Cosan has suspended the initial public offering (IPO) of its subsidiary, Moove Lubricants Holdings. This decision came after investors showed reluctance to meet the proposed share price range. Cosan had planned to list Moove on the New York Stock Exchange (NYSE), aiming to raise up to $400 million. Moove, a prominent player […]
Brazilian Producer Prices Rise for Eighth Straight Month
Brazil’s industrial sector faced ongoing cost pressures as the Producer Price Index (IPP) increased by 0.66% in September 2024. This marks the eighth consecutive month of growth, according to the Brazilian Institute of Geography and Statistics (IBGE). The cumulative 12-month increase now stands at 6.06%. The IPP measures factory gate price changes, excluding taxes and […]