NEWS

ADVERTISEMENT
3rd party Ad. Not an offer or recommendation by techgolly.com.

Latest NEWS

Climate Change Fueled Deadly Valencia Floods, New Study Confirms

Key Points: Human-driven warming made the 2024 Valencia floods significantly worse. Rainfall intensity increased by 21% compared to pre-industrial levels. The storm covered an area 55% larger due to climate change. Warmer Mediterranean waters pumped excess moisture into the atmosphere. A new scientific study has confirmed that human-driven climate change played a massive role in Spain's deadliest natural disaster in a generation. The research, published...

ECB Official Warns Cheap Chinese Imports Threaten Euro Zone Inflation

Key Points: Euro zone inflation risks swing heavily in both directions. Cheap Chinese imports force local businesses to lower prices. January inflation fell to 1.7%, missing the 2% target. Geopolitical tensions in energy markets might cause price spikes. A top European Central Bank official says the euro zone faces serious inflation risks. Fabio Panetta, who leads Italy's central bank, warned on Saturday that prices could...

Blackstone Wins Federal Approval for $11.5 Billion TXNM Energy Buyout

Key Points: The Federal Energy Regulatory Commission approved Blackstone's purchase of TXNM Energy. Regulators found no evidence that the buyout would increase customer utility rates. The mandatory waiting period for federal antitrust review has officially ended. The massive $11.5 billion deal includes assuming the utility company's existing debt. TXNM Energy announced on Friday that the United States Federal Energy Regulatory Commission officially approved its buyout....