AI data centers are forcing dirty ‘peaker’ power plants back into service
By Laila Kearney CHICAGO, Dec. 23 – In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from…
2025
Bank of Spain upgrades growth outlook but many Spaniards feel stretched
By Jesus Calero MADRID, Dec 23 (Reuters) – Spain’s central bank raised its outlook on Tuesday for economic growth next…
Explainer-Why is Myanmar’s junta holding an election during a civil war?
By Shoon Naing Dec 24 (Reuters) – Myanmar’s military-led administration will hold a multi-phased general election starting on Sunday, even…
Analysis-Global investors turn to Chinese AI as Wall Street fears bubble
By Jiaxing Li and Laura Matthews HONG KONG/NEW YORK, Dec 23 (Reuters) – Global investors are increasing their wagers on…
Majority of Russians expect Ukraine war to end in 2026, state pollster says
By Gleb Bryanski MOSCOW, Dec 24 (Reuters) – A majority of Russians expect the war in Ukraine to end in…
Insight-How a Silicon Valley dealmaker charmed Trump and gave Intel a lifeline
By Max A. Cherney and Jeffrey Dastin SAN FRANCISCO, Dec 24 (Reuters) – It was a Thursday before dawn in…
Yen bears emboldened by no-surprises BOJ
By Ankur Banerjee and Rae Wee SINGAPORE, Dec 19 (Reuters) – A vague outlook from Bank of Japan Governor Kazuo…
Japan warns it will take ‘appropriate’ action against excessive FX moves
By Takaya Yamaguchi and Kaori Kaneko TOKYO, Dec 22 (Reuters) – Japanese authorities said on Monday that they would take…
AI spending spree drives global tech debt issuance to record high
By Patturaja Murugaboopathy Dec 22 (Reuters) – Global technology companies have ramped up debt issuance this year to record levels,…
Russian central bank cuts key rate to 16% as Putin speaks
By Elena Fabrichnaya and Gleb Bryanski MOSCOW, Dec 19 (Reuters) – The Russian central bank cut its key rate by…