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Search resuls for: "Chris Ratcliffe"


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☆ EU produces record wind and solar energy as it shirks Russian gas
  + stars: | 2022-10-17 | by ( Christian Edwards | ) edition.cnn.com   time to read: +4 min
The boost in renewables comes as Europe tries to wean itself off Russian gas, as Moscow reduces, even cuts off, European nations’ energy supplies to gain leverage in the conflict. Wind and solar energy accounted for a quarter of EU electricity since the start of the war. Chris Ratcliffe/Bloomberg/Getty ImagesNineteen of the EU’s 27 member states have achieved record wind and solar generation since March, the report found. Fossil gas still made up around 20% of the EU’s electricity in the same period, at a cost of around €82 billion ($80.7 billion). The report’s key message is simply: “More renewables, less inflation.”Nonetheless, European energy prices are still high.
☆ 5 signs the world is headed for a recession
  + stars: | 2022-10-02 | by ( Allison Morrow | ) edition.cnn.com   time to read: +12 min
New York CNN Business —Around the world, markets are flashing warning signs that the global economy is teetering on a cliff’s edge. There’s now a 98% chance of a global recession, according to research firm Ned Davis, which brings some sobering historical credibility to the table. In an interview, its CEO was asked whether he believes the slowdown was a sign of a looming global recession. The upshotWhile the consensus is that a global recession is likely sometime in 2023, it’s impossible to predict how severe it will be or how long it will last. Not every recession is as painful as the 2007-09 Great Recession, but every recession is, of course, painful.
☆ Apple set to unveil its new iPhones and Apple Watches
  + stars: | 2022-09-07 | by ( Todd Haselton | ) www.cnbc.com   time to read: +3 min
AppleApple is set to unveil its new iPhone 14 at a press event Wednesday in Cupertino, California, that starts at 1 p.m. Here's what's on deck:iPhone 14 and iPhone 14 ProAn employee serves a customer in the Apple store on Regent Street in London. In addition to the iPhone 14, an iPhone 14 Max would mark the first time Apple introduces its largest display into a non-Pro model. Apple Watch Series 8 and Apple Watch ProApple Watch Series 7 Todd Haselton | CNBCApple's also set to introduce a new Apple Watch Series 8 to replace last year's Apple Watch Series 7. AirPods Pro 2AirPods, AirPods 3, AirPods Pro Todd Haselton | CNBCBloomberg said over the weekend that Apple is planning to announce the new AirPods Pro 2 on Wednesday.
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