Tag: doubling

Post-COVID, China is back in Africa and doubling down on minerals

By Rachel Savage and Duncan Miriri JOHANNESBURG/NAIROBI (Reuters) – China’s flagship economic cooperation program is bouncing back after a lull during the global pandemic, with Africa a primary focus, according to a Reuters analysis of lending, investment and trade data. Chinese leaders have been citing the billions of dollars committed to new construction projects and […]

Utilities are doubling their 5-year electricity demand projections—but high interest rates and California’s NEM 3.0 have U.S. solar in a holding pattern

Anyone paying a utility bill has certainly noticed that the cost of electricity has risen over the past couple of years—at a rate that has often outpaced recent high inflation. With electricity demand rising due to a number of factors, including everything from electric vehicle (EV) adoption to even cryptocurrencies and artificial intelligence (AI), rates […]

Nvidia will surge another 22%, and is still cheap compared to peers despite nearly doubling this year, Goldman Sachs says

Some Nvidia employees are considered to be millionairesSOPA Images Nvidia stock still has 22% upside, even after its near-doubling this year, according to Goldman Sachs. The bank argued that Nvidia’s valuation is still relatively cheap given its fast growth rate. Goldman was encouraged by strong spending trends on AI infrastructure by mega-cap tech giants. Nvidia […]

German internet monitor records doubling of criminal content in 2023

Complaints about criminal content on the internet soared to 17,493 cases in Germany last year, almost double the previous year and a new record, the German internet association eco reported on Tuesday. Violence of a sexual nature and transgressions directed at minors made up 78.9% of cases, with a further 11.7% concerning other sexual transgressions […]

Why the GOP is doubling down on misogyny in 2024

“Stand where he tells you to stand, wear what he tells you to wear, and do what he tells you to do.” This is the wedding night advice offered to brides by Josh Howerton, a senior pastor at Lakepointe Church in Dallas, Texas. Lakepointe, according to the Dallas Morning News, is one of the biggest […]

Kremlin doubling down on censorship, says UK intelligence

UK intelligence has stated that the Russian leadership continues to intensify the level of censorship of both ordinary citizens and media outlets in the country. Source: UK Ministry of Defence on 23 February, reported by European Pravda Details: UK intelligence reiterated that on 14 February, Russian President Vladimir Putin signed a law that made it […]

Adidas sees profits doubling as Kanye crisis fades

STORY: Adidas is getting over its breakup with Kanye West. The German sportswear giant parted ways with the rapper after he made antisemitic comments. That cost it big sales of his Yeezy line of sneakers. But on Wednesday the firm said its earnings were on the mend. It forecast a near-doubling in operating profit to […]