Elixir Energy Limited (“Elixir” or the “Company”) is pleased to provide an update on the Daydream-2 well in its 100% owned Project Grandis in Queensland’s Taroom Trough. HIGHLIGHTS Daydream-2 stimulation program successfully applied to six separate zonesNovel techniques effectively utilised for the first time in AustraliaFlow tests to commence shortly…
In a move to boost its nuclear energy capacity, China’s State Council has approved the construction of 11 new nuclear reactors across five provinces, with a total estimated investment of US$31 billion. Bloomberg reported on Monday (August 19) that the reactors are set to be completed in five years, and…
As the world continues to embrace digital currencies and blockchain technology, the cryptocurrency industry is solidifying its position on a broad scale as a key part of the global economy. Six months in, 2024 has already been a big year for crypto, with milestones including a new all-time high for…
It can be tempting for investors to focus on specific assets or strategies when building an investment portfolio, but those taking a long-term approach will want to diversify in order to balance out potential portfolio instability. Gold has a reputation for being a reliable diversifier because it can act as…
The potash sector faced a number of headwinds in 2023, leading to volatility in fertilizer prices for much of the year. While the market stabilized in the first half of 2024, lower cost inputs for potash production and improved crop production have placed downward pressure on potash prices in the…
It’s become a familiar sight at Starbucks cafes: a counter crowded with mobile orders, frustrated customers waiting for the drinks they ordered and overwhelmed baristas trying to keep up with it all. Fixing that problem will likely top incoming CEO Brian Niccol’s list of tasks to turn around the struggling coffee giant…
Shares of former President Donald Trump’s social media company on Monday touched their lowest price since they began public trading on the Nasdaq nearly five months ago after a merger. Trump Media, the company that owns the Republican presidential nominee’s preferred social messaging platform Truth Social, closed down more than 3.5% to settle at $22.24 a…
The Securities and Exchange Commission on Monday said it fined billionaire activist investor Carl Icahn and his company $2 million, settling allegations that he failed to disclose billions of dollars worth of personal margin loans pledged against the value of his Icahn Enterprises stock. Icahn and the publicly-traded company that bears his name settled…
DETROIT — General Motors is laying off more than 1,000 salaried employees globally in its software and services division following a review to streamline the unit’s operations, CNBC has learned. The layoffs, including roughly 600 jobs at GM’s tech campus near Detroit, come less than six months after leadership changes overseeing the…
The Inflation Reduction Act has sparked a manufacturing boom across the U.S., mobilizing tens of billions of dollars of investment, particularly in rural communities in need of economic development. The future of those investments could hinge on the outcome of the U.S. presidential election. The prospect of a Republican victory…