Article
France Cuts 6.4 GW Of Nuclear Power As Heatwave Grips The Country
France Cuts 6.4 GW Of Nuclear Power As Heatwave Grips The Country
By Michael Kern of OilPrice.com,
France’s nuclear power generation was slashed by 6.4 gigawatts (GW) on Monday amid a prolonged and intense heatwave that hiked river temperatures and limited the ability of the power plants to use the water to cool reactors.
As many as eight reactors in France, which is Europe’s leader in nuclear power generation, were forced to curtail power output, according to data from the plants’ operator EDF and grid operator RTE cited by Reuters.
The 6.4 GW...
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Oct 22, 2026 / Tyler Durden
Sell The Bailout: Skydance Tumbles As Musk's $1 Billion Check Reminds Everyone Paramount Needs One
Sell The Bailout: Skydance Tumbles As Musk's $1 Billion Check Reminds Everyone Paramount Needs One
It took about ten minutes.
Just after noon on Thursday, Semafor reported that Elon Musk has invested roughly $1 billion in Skydance (SKYD), the newly renamed Paramount-Warner Bros. Discovery combo run by David Ellison. The stock did what stocks are supposed to do on a billionaire endorsement and spiked to $8.46, up 7.5% on the day. Then traders actually thought about it, and by 12:10pm the shares had been halted for volatility after tumbling, before printing...
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Apr 25, 2026 / Tyler Durden
EU Ministers Fail To Suspend EU-Israeli Cooperation Agreement; Germany Calls 'Inappropriate'
EU Ministers Fail To Suspend EU-Israeli Cooperation Agreement; Germany Calls 'Inappropriate'
Via Remix News,
A move to end the EU-Israel Association Agreement has been struck down, led by objections from Germany, Austria, and Italy. The accord, in existence since 2000, has served as the framework for EU-Israeli relations pertaining to both trade and foreign policy, with a key pillar being Israel’s access to the markets of EU member states.
13 October 2025, Berlin: The flags of Israel, the EU and Germany fly in front of the Berlin House of Representatives. Following the...
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Apr 23, 2026 / Tyler Durden
MSFT Plans First Voluntary Buyout In 51-Year History; Gates Foundation To Slash 20% Of Staff
MSFT Plans First Voluntary Buyout In 51-Year History; Gates Foundation To Slash 20% Of Staff
Summary:
First CNBC reports MSFT's first-ever Voluntary Buyout in 51-Year Company History,
Then a report by BBG on Meta planning 10% Workforce Cut, All Within Hours
To note: Reuters First reported Meta's 10% cut late last week (report)
Meta Layoffs
First, Microsoft unveiled a voluntary buyout program, a move that could incentivize thousands of employees to leave.
Now, Meta Platforms has reportedly followed with plans to cut 10% of its workforce. Taken together, today's back-to-back announcements suggest that as Big Tech continues...
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