A green flag for clean power: NASCAR unveils its first electric racecar
Part of the experience of a NASCAR race is hearing the engine roar, the rumble of each car's approach and the zip when it whizzes past at more than 150 mph.
Jul 7, 2024
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Automotive
Part of the experience of a NASCAR race is hearing the engine roar, the rumble of each car's approach and the zip when it whizzes past at more than 150 mph.
Jul 7, 2024
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Business
An energy crisis hit Europe in 2021–2022, following Russia's invasion of Ukraine, which sent electricity prices skyrocketing—even within countries that don't rely on Russian gas. It begs the question: Was there more to ...
Jul 2, 2024
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Telecom
Korean researchers are strengthening South Korea's leadership in the global market through the development of 6G, the next-generation mobile communication technology.
Jun 27, 2024
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Business
AQR Capital Management is letting machines play an even bigger role across the $109 billion quant powerhouse, says co-founder Cliff Asness.
Jun 27, 2024
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Automotive
Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker immediately, and a potential total of up to $5 billion as part of a software ...
Jun 26, 2024
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Business
Microsoft violated EU antitrust rules by bundling its Teams communications app with its popular Office suite, Brussels said on Tuesday, as the US tech giant vowed to do what it takes to address competition concerns.
Jun 25, 2024
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Business
Australia exports about 1 billion metric tons of iron ore each year and 300 metric tons of gold. Yet, beyond these well-known commodities lies a suite of lesser-known minerals, which are critical for the world's advancement.
Jun 20, 2024
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Electronics & Semiconductors
US chip-maker Onsemi will invest up to $2 billion to expand its plant in the Czech Republic, the biggest investment in the country's modern history, the industry minister said Wednesday.
Jun 19, 2024
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Business
Nvidia edged ahead of other tech companies Tuesday to become the world's most valuable publicly traded company in the latest sign of the might of artificial intelligence.
Jun 18, 2024
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Automotive
Electric vehicle maker Fisker filed for Chapter 11 bankruptcy protection, the second electric startup to do so in the last year as even industry leaders struggle to lure more buyers beyond the early adapters of the technology.
Jun 18, 2024
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A market is any one of a variety of different systems, institutions, procedures, social relations and infrastructures whereby persons trade, and goods and services are exchanged, forming part of the economy. It is an arrangement that allows buyers and sellers to exchange things. Markets vary in size, range, geographic scale, location, types and variety of human communities, as well as the types of goods and services traded. Some examples include local farmers’ markets held in town squares or parking lots, shopping centers and shopping malls, international currency and commodity markets, legally created markets such as for pollution permits, and illegal markets such as the market for illicit drugs.
In mainstream economics, the concept of a market is any structure that allows buyers and sellers to exchange any type of goods, services and information. The exchange of goods or services for money is a transaction. Market participants consist of all the buyers and sellers of a good who influence its price. This influence is a major study of economics and has given rise to several theories and models concerning the basic market forces of supply and demand. There are two roles in markets, buyers and sellers. The market facilitates trade and enables the distribution and allocation of resources in a society. Markets allow any tradable item to be evaluated and priced. A market emerges more or less spontaneously or is constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods.
The historical origin of markets is the physical marketplaces which would often develop into small communities, towns and cities.[citation needed]
This text uses material from Wikipedia, licensed under CC BY-SA