Nvidia CEO Urges Super Micro To "Enhance Compliance" Amid AI Chip-Smuggling Probe

UK Faces Summer Flight Disruptions As Jet Fuel Risks Mount Via City AM, Ministers are expected to warn Britons that flight cancellations could disrupt summer holiday plans. Allianz Trade research says the UK is especially exposed to jet fuel shortages because of import dependence. Airlines are weighing cancellations, surcharges, and ticket price adjustments as fuel supply risks rise. Ministers are set to warn the British public that flight cancellations will hit summer holiday plans as new research suggested that the UK is more exposed to jet fuel shortages than other European countries.  Heidi Alexander, the...

China Halts New Battery Storage Plant Approvals By Tsvetana Paraskova of OilPrice.com China has paused approvals for new battery storage factories amid a review of existing and planned capacity, Chinese financial news outlet Cailianshe reported this weekend, citing industry sources. The temporary suspension of approvals of plants that have not started construction yet comes amid growing concerns about overcapacity in the sector in the world’s biggest manufacturer of batteries for energy storage. China is the world’s biggest market for electric vehicles and a top player in battery storage as well. But just like...

NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure Fears of a possible collapse at a condo tower under construction near Grand Central Terminal had abated by the end of the week, but the incident only signals the massive engineering challenges tied to Manhattan's office-to-apartment conversion boom. The former Pfizer headquarters at 235 East 42nd Street, being converted by David Werner and Nathan Berman's Metro Loft Management into more than 1,600 residential units, has become a high-profile example of the risks of repurposing aging office towers into housing at...