Recent Posts

Germany gets free power for Christmas as wind power set to surge

  Bloomberg The price of power for delivery on Christmas Day in Germany turned negative as a surge in wind generation is forecast to boost supply. Prices may be below zero for hours or even whole days during the holiday season as German wind output is predicted to climb to near-record levels and temperatures are set to increase more than ...

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US economic growth revised up to 3.5% in third quarter

  Bloomberg The US economy expanded more than previously reported last quarter on bigger contributions from a range of factors including services spending, intellectual property and construction by state and local governments. Gross domestic product rose at a 3.5 percent annualized rate in the three months ended in September, compared with a prior estimate of 3.2 percent, Commerce Department figures ...

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Honda in talks with Google’s Waymo on self-drive tech

  Bloomberg Honda Motor Co. said it is talking to Waymo, the autonomous driving unit of Google parent Alphabet Inc., to try to strike a deal that would put its self-driving technology into some of the Japanese automaker’s cars. Both companies stressed that the talks are about research, rather than full production vehicles, at this point. If all goes well, ...

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