Texas Power Grid Holds Up During String of 100-Degree Days
The Texas power grid is withstanding a string of triple-digit temperature days in the state, spurring households and businesses to use a record amount of electricity.
Bloomberg Business
Niger Closes Its Airspace as It Warns of a Foreign Attack
Niger’s junta partially closed the country’s airspace, warning of an attack by a “foreign power” as a deadline passed on Sunday to reinstate ousted President Mohamed Bazoum.
Chinese Maker of 1,000 Kilometer EV Battery Plans IPO by 2025
A Chinese maker of long-range electric vehicle batteries — including one capable of going 1,000 kilometers (620 miles) on a single charge — plans to go public as soon as 2025 as it banks on automakers embracing next-generation cells in the race to overcome range anxiety.
Rakuten’s Mikitani Spends a Fifth of His Time on Biotech Startup
Hiroshi Mikitani, whose Rakuten Group Inc. is losing billions of dollars to break into Japan’s wireless market, said he’s devoting a fifth of his time to a US-based biotech startup for cancer treatments, describing it as “a social project” where profitability isn’t a top priority.
Liberia’s Weah to Face 19 Rivals in October Vote Amid Public Ire
Liberian President George Weah will face over a dozen opponents when the country votes in a Oct. 10 general election amid mounting anger over corruption and soaring food prices.
SpaceX Ignites Engines on Starship, Tests Water Deluge System
SpaceX fired up the engines on its latest Starship booster Sunday afternoon in Texas, while simultaneously testing a new water deluge system on the vehicle’s launchpad.
‘Barbie’ Crosses $1 Billion in Global Ticket Sales, Warner Bros. Says
Barbie, Warner Bros.’ hit movie based on the popular doll, crossed $1 billion in global box-office sales in its third week in release, becoming only the second picture to hit that mark this year.
US Lab Behind Fusion Breakthrough Reaches Ignition Again
The US government lab that last year reached a long-sought milestone in nuclear fusion — achieving a controlled reaction that yielded more energy than it took to produce — has repeated the achievement, after months of near-misses.
Spain’s Vox Pledges Not to Impede Efforts to Unseat Sanchez
The Spanish far-right party Vox pledged it wouldn’t impede efforts to unseat Socialist Prime Minister Pedro Sanchez, potentially widening the options for the conservative People’s Party as it seeks a route to power.
Australia to Hike Rates Once More, Then Cut in 2024, Poll Shows
Australia’s central bank will raise interest rates one more time in its current tightening cycle, economists say, and then shift to policy easing next year as inflation cools and economic growth slows to a crawl.
