France Sets Price Increase Caps For Household Gas And Power
French Prime Minister Elisabeth Borne on Wednesday announced that price increases for gas and electricity for French households will be capped at 15% beginning next year. The new price increase caps will take effect from January for gas and February for electricity. It would mean that households that use gas heating will only pay an […]
Ethereum Merge: The Network’s Revolutionary Upgrade Will Cut Mining Energy Usage by 99.9%
The highly-anticipated Ethereum Merge is finally going live, and is expected to revolutionize the blockchain industry by substantially reducing costs and energy usage. The ethereum blockchain’s system-wide upgrade officially went live on Thursday, marking one of the most significant events in the crypto space. Dubbed the “Merge,” it will transition the ethereum network from a […]
Biden Touts ‘Tentative Deal’ With Unions To Prevent Railway Shutdown: 24% Effective Wage Increase, US$11,000 Payment Each
US President Joe Biden is taking a victory lap after his administration put forth a ‘tentative deal’ with railway unions, potentially averting a shutdown of the tracks on Friday that could’ve cost the American economy US$2 billion per day. The agreement, drafted a day before the Friday midnight deadline, was hashed out by the Biden […]
MicroStrategy’s Michael Saylor Defends Bitcoins Environmental Impact: “Most Efficient, Cleanest Industrial Use Of Electricity”
MicroStrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor defends bitcoin anew regarding its impact on the environment, amid the recent transition of Ethereum to proof of stake mining. In a blog article, the bitcoin maximalist outlined his points to support his thesis that the digital asset has no negative effect on the environment. Rather, “bitcoin is […]
Adobe Falls 12% Pre-Market After Revealing $20 Billion Acquisition Of Figma
Adobe (NASDAQ: ADBE) is making waves this morning with the announcement that it has entered into a definitive agreement to acquire Figma. The transaction will see the design platform acquired for $20 billion, with payment to come in the form of both cash and stock. Figma is a web-based design platform that enables designers of […]
Swarmio Media Receives Investment With Price Conversion Capped At $30 Million Valuation
Just days after announcing a revenue share and wholesale agreement with Apelby Communications, Swarmio Media (CSE: SWRM) has evidently deepened the relationship rather significantly. The company has revealed this morning that it has received a strategic investment from Apelby, the terms of which appear rather favourable to Swarmio. The strategic investment amounts to gross proceeds […]
Victoria Gold Announces Maiden Resource Of 1.1 Million Inferred Gold Ounces At Raven Deposit
Victoria Gold (TSX: VGCX) this morning announced a maiden resource estimate for a deposit discovered on its property back in 2018. Referred to as the Raven Gold Deposit, the deposit is just 15 kilometres to the east of the firms Eagle Gold Mine. The maiden resource estimate consists of 1,070,239 ounces of inferred gold, which […]
Emerita Resources Expands La Romanera Deposit To 450 Metres Deep
The latest drill results were released this morning by Emerita Resources (TSXV: EMO) for their Iberian Belt West project, where ten drill rigs continue to test known deposits on the property. The latest results come exclusively from the La Romanera deposit, which has become the main focus of the current exploration program. A total of […]
Another Russian Energy Exec Falls, Becomes Latest Addition To Growing List Of Mysterious Deaths
Just over a week after Lukoil’s Ravil Maganov mysteriously fell from a hospital window in Moscow, another Russian executive working in the energy business has fallen to his death. This time from a boat, according to local media reports. Ivan Pechorin was found on Monday after his body washed up onshore about 100 miles from […]
Biden Turns To Truckers And Air Shippers As Rail Unions Distribute Strike Details To Workers
The White House has been mulling over contingencies to stave off the economic crisis that can be induced by rail workers going on strike. White House Press Secretary Karine Jean-Pierre said the Biden administration is turning to truckers and air shippers for assistance should rail workers shut down operations when the deadline to reach a […]