Schneider Electric gears up for tsunami of power demand from AI, EVs, global warming fallout

Schneider Electric gears up for tsunami of power demand from AI, EVs, global warming fallout

[ad_1] [SINGAPORE] Electricity demand’s unprecedented growth is coming from both technology and sectors undergoing electrification through digitalisation. From buildings requiring more air-conditioning amid global warming to technology such as electric vehicles and artificial intelligence (AI), today’s demand is a big jump for a world which, for many years, needed electricity only for about 20 per…

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China’s slow-motion stock rally starts to win investor trust 

China’s slow-motion stock rally starts to win investor trust 

[ad_1] Blue-chip index CSI300 has matched the S&P 500 with a roughly 16% year-to-date gain [SINGAPORE/SHANGHAI] Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old equities rally can withstand an economic rough patch, as valuations and steady returns lure foreign investors back. China’s blue-chip index CSI300 has matched the…

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India orders smartphone makers to preload state-owned cyber safety app

India orders smartphone makers to preload state-owned cyber safety app

[ad_1] Smartphone companies have 90 days to ensure the app is pre-installed on new mobile phones [BENGALURU] India’s telecoms ministry has privately asked smartphone makers to preload all new devices with a state-owned cyber security app that cannot be deleted, a government order showed, a move likely to antagonise Apple and privacy advocates. In tackling…

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