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Could a huge data centre revitalise Ayrshire – or ruin it?
Posted onLast autumn, Intelligent Land Investments (ILI) – a company with a background in clean energy development and battery storage projects – announced ambitious plans for a data cluster called the Stoics, spread across sites in Ayrshire, Lanarkshire and Fife.
Trump faces extraordinary moment in spat with Fed chair Powell
Posted onFaisal IslamEconomics editor Reuters It is extraordinary enough to see the world’s top central banker make an unscheduled video statement on social media. My first thought upon seeing the post from the Federal Reserve chair Jerome Powell was: “Is this an AI deepfake?” That sense did not go away as I listened to what were…
Five carmakers go on trial over emissions cheat claims
Posted onEmer MoreauBusiness reporter Getty Images A major lawsuit against five leading carmakers accused of cheating on emissions tests is set to begin at the High Court on Monday. The trial is the latest chapter of what has become known as the “dieselgate” scandal, with the companies facing allegations they used software to allow their cars…
Are domes and spheres the future of entertainment?
Posted onLast year, Sphere Entertainment announced its plan to bring “mini Spheres”, with 5,000-seat capacity, to other locations. González-Piñero says he is not sure such facilities would suit cities such as Milan or Amsterdam. It might make more sense to think of the Sphere as a one-off, a Las Vegas-specific attraction, he suggests.
The global winners and losers of the war in Iran
Posted onFirstly, because some producers are heavily exposed to disruption in the Middle East. ExxonMobil, for instance, has operations at Qatar’s Ras Laffan industrial hub, where production has been shut down since early March, and which has now been hit by Iranian missile attacks, causing “extensive damage”.
