SAP Slows Hiring, Freezes Travel As AI Push Accelerates

UK Regulator Targets Data-Center Land-Grab On The Power Grid Authored by Tsvetana Paraskova via OilPrice.com, Britain’s energy regulator, Ofgem, on Wednesday launched a consultation on a proposed commitment fee for data center projects as part of broad reforms to ensure network capacity is used for projects that are ready and able to connect. The proposal includes a new Data Centre Commitment Fee, which would be paid by large data center developments when accepting a connection offer, Ofgem said in a statement. The fee would be refunded when the project reaches grid connection status and forfeited...

Copper Hits All-Time-High As Physical Economy Reprices Scarcity Copper futures in London reached a record high on Tuesday as expectations of US tariffs drew record volumes from the seaborne market into US warehouses, tightening availability elsewhere despite subdued demand. As we highlighted on Monday, deteriorating conditions across global mining operations are adding to supply woes. Benchmark three-month futures on the LME gained nearly 1% to reach $14,533 a ton, exceeding January's peak before trimming some of those gains. Dr. Copper is breaking out...but this isn’t mainly a growth signal. Tariffs sparked the squeeze....

EU Accuses Hungary Of 'Pro-Russian Espionage' Authored by Lucas Leiroz de Almeida via InfoBrics, The rhetorical escalation between Budapest and Brussels continues to grow. Now, the EU accuses Hungary of actively sabotaging Europe by passing strategic information about the bloc to the Russian side. This type of serious accusation could never be made without proof, yet it has become common practice for the Western liberal regimes to accuse its rival countries of “collaborating with Russia” even without any evidence. In a recent statement, the Hungarian Foreign Minister responded to recent European accusations of...