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24d06/03

Denmark PM presents new government, with majority of women

Denmark’s Prime Minister Mette Frederiksen on Wednesday presented her new cabinet, which for the first time in Danish history included more women than men. Following months of talks after inconclusive elections in March, incumbent Frederiksen said on Monday she had managed to form a minority government between her Social Democrats, the Socialist People’s Party, the centre-left Radikale Venstre and the centrist Moderates. On Wednesday, Frederiksen announced the names of the new ministers. “It is.

unclassifiedchina · asia
24d06/03

Malaysia taps Hong Kong battery expertise to power ambitions for electricity grid

A Malaysian power systems specialist has struck a deal with a Hong Kong battery storage firm to pursue large-scale projects aimed at helping the country prepare its electricity grid for more renewable energy. The two-year agreement between Mikro MSC Berhad and Hong Kong Cospower Technology Co Ltd (HKCT) makes the company HKCT’s exclusive strategic partner in Malaysia for utility-scale battery energy storage system (BESS) projects. Such battery systems are meant to address one of solar power’s...

unclassifiedchina · asia
24d06/03war-conflict · 3/5

Supply Shock to Slash India’s Oil Demand Growth to Pandemic Low

Analysts have slashed their estimates of India’s oil demand growth this year, with the consumption uptick to be the weakest since the Covid pandemic as the supply crunch and higher fuel prices slow gasoline and diesel demand. Analysts Kpler and Rystad Energy have slashed their gasoline and diesel demand growth estimates for this year by between 30% and 90%, according to figures cited by Bloomberg. Despite the major downward revisions to fuel demand growth in the world’s third-biggest crude oil i

unclassifiedmiddle-east · russia · usa
24d06/03

India hotel fire kills at least 21

At least 21 people were killed when a fire ripped through a hotel in New Delhi on Wednesday, police said, in one of the deadliest blazes in the Indian capital in recent years. Building fires are common in India due to a lack of firefighting equipment and routine disregard for safety regulations. The fire broke out in the morning at Flourish Stay, a bed-and-breakfast in a congested neighbourhood in the south of the city, Delhi Police said in a statement. “It is with profound sorrow that 21...

unclassifiedchina · asia · india
24d06/03war-conflict · 1/5

Why do you buy dividend stocks?

Isn't it better for a company if it doesn't distribute its surpluses to shareholders but instead reinvests in the company? Ultimately, in most cases, this distribution must be taxed by the company and again by the investor. As a shareholder, you benefit from companies that invest in their operational activities/growth? So aren't such growth companies much more efficient at generating growth? (I'm new to the field, bi

Socialunclassifiedgermany · europe
24d06/03

Sanity check my AI infrastructure pie

Basically I'm trying to cover the components that are necessary for AI growth, ie. Semiconductors, coolant, lithography. This way I'm just betting that AI "wins" as a concept rather than backing a specific pony? That said, I am a die-hard Rolls and Kraken fan so I guess I'm backing those ponies. Rolls Royce Kraken Robotics KLA ASML NVIDIA Broadcom Vertiv Am I missing any big opportunities here that fit what I'm going for, or making any huge mistakes? Assuming people here have done levels of rese

Socialunclassifiedsocial-signal
24d06/03coups-regime · 2/5

How a couple lost their 3 children in as many countries and were arrested in Hong Kong

A Hong Kong couple has drawn public scrutiny after refusing a DNA test for their baby’s registration following his birth at home, raising potential gaps in the city’s legal and child welfare system. The infant’s father, Tsang Wai-bong, and mother, Kwan Pui-sin, subsequently underwent a DNA test, according to the police on Wednesday, a day after their arrest on suspicion of child neglect. The Social Welfare Department also applied to the court for a protection order over the two-month old baby,..

unclassifiedchina · asia
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