"If you're waiting for someone to pay you extra because it's green [hydrogen], forget it ... at the end of the day, the economics have to work" Fortescue Energy CEO.
Green costs more than blue/grey & they can't attract buyers in scale.
More #NatGas will be needed for longer.
Thx @divyachowdhury@LPM94
#OOTT
"Despite some stickiness to core PCE measures, overall PCE continues to trend lower... while December’s (Federal Reserve) rate cut may not be such a certainty, a rate cut in November is firmly on the table." @BretKenwell on the PCE report in @Reuters via @LPM94.
Check out the full article for more insights ahead of tomorrow's jobs report 👇
https://t.co/abCD8fw0FA
We interviewed a slew of analysts, economists & fund managers at @ReutersGMF, here's what they said:
- Hopes of lower US rates had brightened EM outlook
- Analysts worry Trump tariffs could hurt EM, particularly China
- India and Southeast Asia may benefit from US 'friendshoring'
"If (Samsung) had given us a living wage and treated us with respect, we wouldn't have thought of joining a union," said one striking worker outside the factory near Chennai, who declined to be named fearing reprisal from the management.
https://t.co/eAC63tcrhU
Once India's biggest startup valued at $22 billion, Byju's is now staring at a "total shutdown", employee exodus if insolvency process continues, its CEO Byju Raveendran says in a non-public court filing, detailing the business impact for the first time
Well done to the pros from AP and Getty, capturing one of the live news events of the decade. The art of still photography is incredibly powerful and important: https://t.co/cjznc38Gfw
The irony that the final chapter of this remarkable World Cup final came down to these two, Hardik Pandya & Rohit Sharma, after everything that was said & written about them & their relationship for two months coming into this #T20WorldCup
Wall Street gains this year certainly aren't evenly distributed, but what else is new? Will the rotation trade finally start in H2?
#stocks#nasdaq#dow#markets
Cryptoverse: Trump drubs Biden in meme coins:
Crypto is getting more and more institutional but never fear, the memecoins are still here! @medhasinghs and I look at "PolitiFi" in this week's cryptoverse
https://t.co/IufsKlRNw6
#bitcoin#crypto#trump#biden#memecoins
Reuters investigated Foxconn's hiring practices in India over the past year. Here’s what we uncovered.
Married women are barred from an otherwise all-female iPhone assembly workforce.
Foxconn's logic: a married worker comes with “issues”, like pregnancy, or high absenteeism🧵
"This is an unprecedented heatwave. In my 13 years of working here, I don’t remember signing a death certificate for heat stroke. This year, I’ve signed several."
My piece on the Delhi heat crisis and more.
https://t.co/QJIUdjY4H9