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☆ The Dali Is a Big Ship. But Not the Biggest.
▼ + stars: | 2024-03-28 | by ( Ella Koeze | ) www.nytimes.com time to read: +4 min

Empire State Building Approximate width 1,454 feet long MSC Irina Biggest container ship in the world 200 feet wide 24,346 containers 1,312 feet Ever Max Biggest container ship to sail into Baltimore 167 feet 15,432 containers 1,201 feet Eiffel Tower 410 feet 1,083 feet Dali 157 feet 9,971 containers 984 feet Container ship of the 1970s ~2,500 containers 66 feet 705 feet Football field Shapes are approximate. 160 feet 360 feet Empire State Building Approximate width 1,454 feet long MSC Irina Biggest container ship in the world 24,346 containers 200 feet wide 1,312 feet Ever Max Biggest container ship to sail in the Port of Baltimore 15,432 containers 167 feet 1,201 feet Eiffel Tower 410 feet 1,083 feet Dali 157 feet 9,971 containers 984 feet Container ship of the 1970s ~2,500 containers 66 feet 705 feet Football field Shapes are approximate. 160 feet 360 feet 1,454 ft. 1,312 ft. 1,201 ft. 1,083 ft. 984 ft. 24,346 containers 705 ft. 15,432 containers 9,971 containers ~2,500 containers 360 ft. 66 ft. 200 ft. 167 ft. 410 ft. 157 ft. 160 ft. Approximate width Empire State Building MSC Irina Biggest container ship in the world Ever Max Biggest container ship to sail into Baltimore Eiffel Tower Dali Container ship of the 1970s Football field Sources: “The Geography of Transport Systems,” by Jean-Paul Rodrigue; VesselFinder; the Empire State Building; the Eiffel Tower; ShipHub; Maryland Port Administration Note: Widths shown are for the widest point for each ship.

Persons: Dali, Jean, Paul Rodrigue, Francis Scott Key, Theo Notteboom, Athanasios Pallis, ”, Rodrigue, “ Organizations: ., Eiffel, Transport Systems, Empire, Francis Scott Key Bridge, Container, Port Economics, Management, Eastern Seaboard, Texas, M University, Galveston, Baltimore . Locations: Baltimore, Port, ShipHub, Maryland, Panama, Eastern U.S, Suez

☆ Chinese hackers are preparing to 'wreak havoc' on US electrical grids, water treatment plants, and oil and gas pipelines: FBI director
▼ + stars: | 2024-02-01 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewFBI Director Christopher Wray warned that Chinese hackers are targeting critical US infrastructure in a bid to potentially "wreak havoc" on the lives of ordinary Americans in testimony to Congress. Speaking to the House Select Committee on the Chinese Communist Party on Wednesday, Wray said that China is seeking to infiltrate electrical grids, water treatment plants, oil and gas networks, and transport systems. AdvertisementWray's testimony comes after the Justice Department announced that it had disrupted a group of Chinese hackers who infiltrated old routers belonging to private citizens and small businesses. The sole purpose is to be ready to destroy American infrastructure, which would inevitably result in chaos, confusion, and potentially mass casualties." The House select committee Wray testified to was created to counter the intensified threat posed by China, a rare example of bipartisan consensus amid Washington's stark partisan divides.

Persons: —, Christopher Wray, Wray, They're, Joe Biden, Xi Jinping, Mike Gallagher Organizations: Service, Chinese Communist Party, Business, Justice Department, FBI, CNN Locations: China, San Francisco, Taiwan, Ukraine, South China, Wisconsin

A number of companies have recently demanded that antitrust enforcers pay default interest on fines in annulled antitrust cases. Deutsche Telekom challenged the fine at the Luxembourg-based General Court, Europe's second highest, which cut it to 19 million euros in 2018, forcing the EU competition enforcer to repay the difference. Deutsche Telekom returned to the court after the EU competition enforcer refused to pay interest for the period between the payment and the reimbursement and got judges to back its fight. The Commission then appealed to the Luxembourg-based EU Court of Justice (CJEU). The case is C‑221/22 P European Commission v Deutsche Telekom AG.

Persons: Fabian Bimmer, Deutsche, Anthony Michael Collins, refunding, Foo Yun Chee, Kirsten Donovan Organizations: Deutsche Telekom, ITS, REUTERS, Companies Deutsche Telekom AG, Intel, Deutsche, European Commission, EU, Court of Justice, Deutsche Telekom AG, Thomson Locations: Hamburg, Germany, Slovakia, Luxembourg

☆ Ford buys EV charging startup in bid to help rescue its electric dreams
▼ + stars: | 2023-11-03 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Ford has bought an electric charging startup called AMP, TechCrunch reported. AdvertisementAdvertisementFord is buying an electric charging startup as it tries to reinvigorate its flagging EV push. The auto giant is purchasing Auto Motive Power (AMP), an electric charging startup that makes battery management software, as it seeks to overhaul its charging technology and reduce the cost of its electric vehicles. A Ford representative told TechCrunch that the deal aimed to accelerate its efforts to encourage EV adoption and improve its charging technology. Other car makers have taken a similarly cautious approach to electric vehicles in recent months, with several ditching ambitious targets amid slowing demand.

Persons: —, Ford, it's, Bill Ford, Harald Wilhelm, Elon, carmaker Organizations: Ford, TechCrunch, Service, Auto Motive, The New York Times, Benz, EV, GM, Subaru Locations: California, Kentucky

SPREAD TOO THINA major drawback for potential green hydrogen users is that there has been too little of the stuff available to allow for much real world testing. Yet these train systems have occupied the time and attention of hydrogen system developers that may have been better spent elsewhere. And as heat pumps have been making rapid inroads into home heating markets across Europe and elsewhere in recent years - at a fraction of the cost of a potential hydrogen set up - it is clear that household hydrogen applications will remain scarce. LADDERING UPThe most promising areas for potential hydrogen use have been highlighted by industry analyst Michael Liebreich in his so-called Hydrogen Ladder. Rather than attempt to deploy hydrogen against lower-cost options in homes and transport systems, Liebreich suggests that the hydrogen industry pursue demand opportunities in helping heavy industry to decarbonise.

Persons: Michael Liebreich, Gavin Maguire, Stephen Coates Organizations: International Energy Agency, Reuters, Thomson Locations: LITTLETON , Colorado, Germany, Europe

☆ ABB flags slowdown in fourth-quarter revenue, shares slide
▼ + stars: | 2023-10-18 | by ( Noele Illien | ) www.reuters.com time to read: +2 min

The logo of Swiss power technology and automation group ABB is seen during the company's annual news conference in Zurich, Switzerland February 28, 2019. ABB said it anticipated low- to mid-single digit comparable revenue growth in the fourth quarter after reporting a comparable 11% increase in the third quarter. "Orders in China declined at a low single-digit comparable growth rate particularly hampered by weakness in robotics and construction demand," said Chief Executive Bjorn Rosengren in a statement. For the full year 2023, the group said it expected comparable revenue growth to be in the low double-digit percentage range, and an operational margin to be in the range of 16.5% to 17.0%. Previously it had said it expected revenue growth of at least 10% and an operational margin above 16%.

Persons: Arnd, France's Schneider, ABB's, Bjorn Rosengren, Noele Illien, Rachel More, Tomasz Janowski Organizations: ABB, REUTERS, Rights, Germany's Siemens, Thomson Locations: Swiss, Zurich, Switzerland, China, United States, India, Asia, Europe

People flee following shots fired at the luxury Siam Paragon shopping mall, in Bangkok, Thailand, October 3, 2023. China is vital to that effort as the biggest source of foreign visitors to Thailand in pre-COVID years. 'SHOCKED'Chinese visitors accounted for 11 million of a record 39.9 million foreign tourists to Thailand in 2019, before the pandemic. Thailand recorded 20 million foreign tourist arrivals in the January to October period, who spent 839 billion baht ($22.58 billion). At the re-opened Siam Paragon mall, on a typically gridlocked thoroughfare, crowds were trickling back.

Persons: Devjyot, Srettha Thavisin, Thapanee Kiatphaibool, Somsong Sachaphimukh, Dong Peijian, Napat Wesshasartar, Thomas Suen, Robert Birsel Organizations: REUTERS, Rights, Police, Siam Paragon, Tourism Authority of, Tourism Council, Thomson Locations: Siam, Bangkok, Thailand, Rights BANGKOK, China, Myanmar, Asia's, Tourism Authority of Thailand, Thai, Southeast Asia

☆ Exclusive: BNP Paribas to track UK staff to enforce office attendance
▼ + stars: | 2023-09-28 | by ( Sinead Cruise | ) www.reuters.com time to read: +3 min

LONDON, Sept 28 (Reuters) - BNP Paribas (BNPP.PA) has told London-based staff it will track their entry-gate swipes against logins to the bank's computer network to ensure employees meet targets for working from the office, a staff memo seen by Reuters shows. BNP employs more 4,500 people in Britain, with London regarded as its "second headquarters" after Paris, according to its website. BNP's memo, presented in the format of a Q&A, said staff would not be able to opt out of the tracking. The bank's USA & Canada divisions have also updated their policy to include "visibility into in-office presence of staff monitoring". While it sympathised with staff whose commutes were impeded by adverse weather or industrial action affecting London's public transport systems, the memo advised staff those days would still count as "in office" working days.

Persons: logins, Sinead Cruise, Barbara Lewis Organizations: BNP, Reuters, London, JPMorgan, Canada, Staff, Thomson Locations: London, Britain, Paris, COVID

☆ Column: Australia's energy transition stalled by stubbornly high demand
▼ + stars: | 2023-07-24 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +5 min

Sustained growth in Australia's electricity demand has in turn meant that power producers must continue to heavily rely on coal for electricity generation on top of recent additions in supply of renewable energy sources. Even so, electric vehicles accounted for only 5.1% of total Australian car sales in 2022, according to the International Energy Agency (IEA). Heating and cooling for homes and businesses is another major energy demand driver in Australia, and accounts for roughly 40% of total electricity use in the country. To alleviate any potential power shortages Australian utilities are expected to continue rolling out more renewable energy supply capacity, likely at an accelerating pace. However, Australian power producers look set to remain substantially reliant on coal for baseload electricity generation for years, if not decades, more.

Persons: Gavin Maguire Organizations: International Energy Agency, Australian Bureau of Statistics, European Union, EV, New South, RENEWABLES, South, Reuters, Thomson Locations: Australia, France, Germany, Japan, United Kingdom, New Zealand, New South Wales, Oceania and Pacific, South Korea

☆ Engineering group ABB increases orders despite China slowdown
▼ + stars: | 2023-07-20 | by ( John Revill | ) www.reuters.com time to read: +2 min

[1/2] The logo of Swiss power technology and automation group ABB is seen at a plant in Baden, Switzerland January 28, 2019. REUTERS/Arnd Wiegmann/File PhotoSummaryCompanies Company increases orders by 2% on comparable basisChina orders fall 9%CEO sees customer activity remaining robustCore operating margin reaches highest levelZURICH, July 20 (Reuters) - ABB (ABBN.S) said customer activity remained "robust" during its second quarter despite the Swiss engineering company providing the latest evidence of an economic slowdown in China. Still, ABB increased its orders in the United States - its biggest market - and India, which helped offset the downturn as the company increased its overall order intake by 2%. Chief Executive Bjorn Rosengren highlighted how ABB, whose products range from electric motors for ships to drives used in factories, had increased orders from "last year's already high level." "It was good to see that the customer activity remained robust throughout the period," said Rosengren in a statement.

Persons: Arnd, Bjorn Rosengren, John Revill, Friederike Heine, Kim Coghill Organizations: ABB, REUTERS, Thomson Locations: Swiss, Baden, Switzerland, China, ZURICH, Germany, United States, India

☆ Tesla, ABB, TSMC get Q2 earnings off to downbeat start
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +4 min

The news cast a pall over stocks as second-quarter earnings season ramps up. ABB said its orders in China, its second-biggest market, fell 9% in the three months to the end of June, with its electrification, motion and robotics divisions all seeing lower demand. Analysts have warned easing input costs will put pressure on companies to start cutting prices, or they may lose business. Swedish hygiene product maker Essity's (ESSITYa.ST) second-quarter earnings missed market expectations, hit by wage inflation, bigger marketing costs in its consumer goods unit, and lower volumes after price hikes. Investors punished the companies' shares.

Persons: TSMC, Elon Musk, Aly, Musk, Electrolux, Josephine Mason, Sharon Singleton Organizations: ABB, LONDON, Nasdaq, Shanghai, REUTERS, Europe's, Investors, Netflix, Revenue, Reuters, Thomson Locations: China, Germany, Shanghai, Europe, lockdowns, United States

☆ Mitsotakis to be sworn in as Greek PM after landslide victory
▼ + stars: | 2023-06-26 | by ( Karolina Tagaris | ) www.reuters.com time to read: +2 min

ATHENS, June 26 (Reuters) - Greece's New Democracy party leader Kyriakos Mitsotakis will be sworn in as prime minister on Monday after a resounding victory in a repeat election on Sunday gave him a second four-year term. But I assure you that I will stay true to my national duty," Mitsotakis said. Greek newspapers hailed the result a "historic win," with Ta Nea writing on its front page "Mitsotakis's absolute dominance, with no opponent." Sunday's vote was a heavy defeat for Alexis Tsipras's Syriza party, which lost more than 30 lawmakers. It also saw three fringe right-wing and nationalist parties - including the anti-immigrant 'Spartans', enter parliament with a combined 35 seats.

Persons: Kyriakos Mitsotakis, Mitsotakis, Ta, Katerina Sakellaropoulou, Alexis Tsipras's Syriza, Tsipras, Karolina Tagaris, Lincoln Organizations: Democracy, Sunday, European Union, Spartans, Thomson Locations: ATHENS

[1/24] New Democracy conservative party leader Kyriakos Mitsotakis speaks to supporters outside the party's headquarters, after the general election, in Athens, Greece, June 25, 2023. Fringe parties of the political left and right - including an anti-immigrant party calling themselves the Spartans - got a foothold in parliament. The system used in Sunday's poll gave the leading party bonus seats depending on voter support. The Spartans party, which said Greece was threatened by uncontrolled migration, was the surprise of the campaign. It was set to gain 4.7 of the vote and up to 13 seats in parliament, based on the early results.

Persons: Kyriakos Mitsotakis, Kyriakos, Mitsotakis, Tsipras, Zoe Constantopoulou, Plefsi Eleftherias, Giorgos Katzimertzis, Ilias Kasiadiaris, Gina Kalovyrna, Michele Kambas, Renee Maltezou, Lefteris, Frances Kerry, Emelia, Giles Elgood, Mark Porter Organizations: New Democracy, REUTERS, Syriza, Spartans, European Union, Reuters, Thomson Locations: Athens, Greece, ATHENS, Kasidiaris

☆ Britain celebrates 75th anniversary of 'Windrush' arrivals
▼ + stars: | 2023-06-22 | by ( ) www.reuters.com time to read: +3 min

[1/5] Britain's Queen Camilla poses Linda Haye and her family with during a reception to mark the 75th anniversary of the arrival of HMT Empire Windrush to British shores, at Buckingham Palace on June 14, 2023 in London, Britain. During the reception to celebrate the Windrush Generation, ten portraits... Read moreLONDON, June 22 (Reuters) - Prince William said Britain was a better place thanks to the "Windrush generation", as the nation on Thursday celebrated the 75th anniversary of the arrival of the first post-World War Two Caribbean migrants. Many of the events will also acknowledge the prejudices the Windrush arrivals and their descendents have had to overcome. In 2018, Britain apologised for its "appalling" handling of the Windrush generation, after a tightening of immigration policy meant thousands were denied basic rights despite having lived in Britain for decades, and dozens were wrongly deported. His father has commissioned 10 portraits of 10 members of the Windrush generation as part of the celebrations.

Persons: Camilla, Linda Haye, Windrush, Prince William, King Charles ', William, Sarah Young, Michael Holden, Muvija, Sharon Singleton Organizations: Buckingham Palace, National Health Service, Southwark Cathedral, Thomson Locations: Buckingham, London, Britain, Tilbury, Essex, German, Clapham, British, Brixton, Southwark, Windsor

☆ The Venice Architecture Biennale puts Africa center stage
▼ + stars: | 2023-05-30 | by ( Marianna Cerini | ) edition.cnn.com time to read: +11 min

Venice, Italy CNN —Until recently, the Venice Architecture Biennale — arguably the world’s largest architecture exhibition — has drawn crowds for its (mainly Western) star appeal. In a May 20 Facebook post titled “Venice Biennale Blues,” Zaha Hadid Architects’ principal, Patrik Schumacher, wrote that “the ‘Architecture’ Biennale is mislabeled and should stop laying claim to the title of architecture. The German pavilion, which is displaying construction waste produced by 2022’s Venice Art Biennale is a case in point. The German Pavilion at the 18th Architecture Biennale is displaying and repurposing constuction waste from the city's Art Biennale last year. The British Pavilion curators Meneesha Kellay, Joseph Henry, Jayden Ali and Sumitra Upham, with commissioner Sevra Davis, photographed in London.

☆ Siemens raises full year outlook after 2nd quarter sales beat
▼ + stars: | 2023-05-17 | by ( John Revill | ) www.reuters.com time to read: +3 min

The company had already raised its full-year outlook in February, citing strong demand and its massive order backlog, which increased to 105 billion euros ($115.58 billion) in the second quarter. The raised guidance came after Siemens reported its second quarter revenue jumped by 14% to 19.42 billion euros ($21.38 billion). Analysts in a company-compiled poll had expected 18.59 billion euros. Industrial profit in the three months to the end of March rose 47% to 2.61 billion euros, missing forecasts for 2.70 billion euros. The group's industrial profit includes gains made by its digital industries, smart infrastructure, mobility and health care businesses, which form the core of its operations.

☆ Siemens raises full year outlook after Q2 sales beats forecasts
▼ + stars: | 2023-05-17 | by ( John Revill | ) www.reuters.com time to read: +2 min

ZURICH, May 17 (Reuters) - Siemens (SIEGn.DE) raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter. The raised guidance came after Siemens reported its second quarter revenue jumped by 14% to 19.42 billion euros ($21.38 billion). Analysts in a company-compiled poll had expected 18.59 billion euros. Industrial profit in the three months to the end of March rose 47% to 2.61 billion euros, missing forecasts for 2.70 billion euros. The group's industrial profit includes gains made by its digital industries, smart infrastructure, mobility and health care businesses, which form the core of its operations.

☆ Siemens raises full-year outlook after second-quarter sales beats forecasts
▼ + stars: | 2023-05-17 | by ( ) www.cnbc.com time to read: +2 min

Siemens raised its full year sales and profit guidance on Wednesday after the German engineering and technology group beat sales forecasts during its second quarter. The raised guidance came after Siemens reported its second quarter revenue jumped by 14% to 19.42 billion euros ($21.38 billion). Analysts in a company-compiled poll had expected 18.59 billion euros. Industrial profit in the three months to the end of March rose 47% to 2.61 billion euros, missing forecasts for 2.70 billion euros. The group's industrial profit includes gains made by its digital industries, smart infrastructure, mobility and health care businesses, which form the core of its operations.

☆ Kochi, Kerala: Indian city reveals fleet of 'water metro' ferries
▼ + stars: | 2023-04-27 | by ( Lilit Marcus | ) edition.cnn.com time to read: +2 min

The “water metro” will connect Kochi, in Kerala state, with 10 nearby islands in the Arabian Sea. Upgrading roads, railways, and metro systems has been a big initiative for the prime minister ahead of the G20, which India will host in September. As it becomes the most populous country in the world, India has made no secret of its tourism ambitions. Kochi’s water metro system is just the latest in a string of big infrastructure and travel announcements in India. Then, Kolkata’s metro system – the oldest in the country – revealed its first ever underwater line, which travels under the Hooghly River.

Collisions are more likely in such cases, raising the odds of a devastating oil spill. It’s also harder to tell whether the vessels with murky ownership comply with the strict rules governing oil transfers at sea, according to Kenney. Group of Seven nations have imposed a cap on the price of Russian oil and oil products, and a smaller pool of buyers can also negotiate greater discounts. China’s imports of Russian oil in the first quarter of the year rose 38% compared with a year prior, according to Kpler data. As trade of Russian oil has become more complex, many Western shippers have pulled back.

☆ The US still waits for its high-speed rail revolution
▼ + stars: | 2023-04-18 | by ( Ben Jones | ) edition.cnn.com time to read: +15 min

So why doesn’t the United States have a high-speed rail network like those? Many Americans have no concept of high-speed rail and fail to see its value. William C. Vantuono, editor-in-chief of Railway Age“Many Americans have no concept of high-speed rail and fail to see its value. Corridors for the greatest potentialBrightline West and CHSR offer templates for the future expansion of high-speed rail in North America. “Where those conditions apply in Europe and Asia, high-speed rail reduces air’s share of the market from 100% to near zero.

☆ Jack Teixeira's alleged Discord leaks show why the US should not give Top Secret clearances to 21-year-olds
▼ + stars: | 2023-04-15 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +9 min

Nevertheless, that looks to be the US intelligence community's approach to handling classified information. The tangled views of Jack Teixeira, who was indicted Friday in connection with leaking hundreds of classified documents to a private Discord server, are still coming into focus. There are classified phone systems, email systems, fiber optic cables, and a Wikipedia clone. Aside from the question of how many people have access to secrets, it's also worth considering how many of those supposed secrets belong on classified systems at all. Who was tracking the whereabouts of the volume of secret files he appears to have sent to the printer?

☆ Pentagon Looking Into How Accused Leaker Accessed Top Secret Documents
▼ + stars: | 2023-04-14 | by ( Nancy A. Youssef | Daniel Nasaw | ) www.wsj.com time to read: +1 min

Federal authorities on Thursday arrested Jack Teixeira in Dighton, Mass., for the suspected unauthorized removal, handling and distribution of secret information, officials said. Mr. Teixeira, 21 years old, holds the rank of airman first class in an intelligence unit of the Massachusetts Air National Guard and is a junior Air Force communications specialist, according to his service record. His job title—cyber transport systems journeyman—gives no obvious hint why he would have access to the types of files that were leaked. He joined the Air Force National Guard in September 2019, according to his service record. Mr. Teixeira is expected to appear Friday in federal court in Massachusetts.

☆ Analysis: 21-year-old's arrest exposes larger classified documents problem
▼ + stars: | 2023-04-14 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +9 min

If the many earlier and ongoing scandals regarding classified information aren’t a wakeup call that the US government has a problem, maybe the arrest of Jack Teixeira will do the trick. Classified material scandals aplentyOne thing that should be abundantly clear from the string of leaks and improperly handled pieces of classified information beyond this story is that the system has problems. The New York Times reported Wednesday that witnesses questioned as part of the Trump investigation have been asked if he was showing off a map with sensitive intelligence information. There are additional people who have security clearance but don’t currently have access to information. Gen. Pat Ryder, compared the method by which classified information is stored to a locked house where people with clearance can get a key.

CNN —The suspect in the leak of classified Pentagon documents posted on social media has been charged under the Espionage Act with unauthorized retention and transmission of national defense information and unauthorized removal of classified information and defense materials. According to charging documents, Teixeira held a top secret security clearance and allegedly began posting information about the documents online around December 2022, and photos of documents in January. Investigators narrowed in on the potential members of the chat group with evidence collected following the discovery of the classified documents online. Four Discord users active in a different Discord chatroom where the documents later appeared told CNN the documents began circulating on Thug Shaker. Several former high school classmates of Teixeira’s told CNN Thursday that he had a fascination with the military, guns and war.

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