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Adani Targets 10 GW Nuclear Power Capacity In India By 2035
Adani Targets 10 GW Nuclear Power Capacity In India By 2035
By Tsvetana Paraskova of OilPrice.com
Adani Group, the conglomerate of Indian billionaire Gautam Adani, could become India’s biggest private nuclear power capacity developer within a decade, targeting 10 gigawatts (GW) by 2035, as India opened its civil nuclear power sector to private investment.
“Our entry into nuclear energy through Adani Atomic Energy is another confident step towards securing India's long-term energy future,” Gautam Adani said at the annual general meeting of Adani Group on Wednesday.
“With land identified and a 10 GW...
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May 5, 2026 / Tyler Durden
Ferrari Skids As Wartime Disruptions Hit Deliveries
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Ferrari shares fell as much as 3% in Milan after first-quarter results showed stronger-than-expected profit and cash flow, but the beat was overshadowed by a plunge in deliveries in the Middle East, as the U.S.-Iran conflict disrupted shipments to one of the luxury automaker's key markets.
Ferrari's first-quarter results were broadly ahead of expectations on profit, revenue, and cash flow, but deliveries across EMEA, which includes Europe, the Middle East, and Africa, were the clear outlier.
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Apr 25, 2026 / Tyler Durden
The Petroyuan Myth: War Failed To Shake The Dollar
The Petroyuan Myth: War Failed To Shake The Dollar
Authored by Antonio Graceffo via The Epoch Times,
Despite sanctions and two wars, the yuan is losing ground, with much of its earlier rise tied to Russia and now reversing.
The Kremlin drafted a memo this year outlining seven areas of potential economic convergence with Washington, including a proposed return to dollar settlement for Russian energy transactions. The stated rationale in the memo is that dollar integration would stabilize Russia’s balance of payments and foreign exchange markets. Russia never actually wanted to transact...
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May 29, 2026 / Tyler Durden
Iran State Media Says Trump's Optimistic Claims On Deal Are "Mix Of Truth & Lies"
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