Technology offers the prospect of doing to the electric grid what mobile phones did to landlines: leapfrogging legacy systems with a distributed network that offers people low-cost services that they can build on over time. 

LONDON, July 11 Reuters Sterling firmed to its strongest in over a year against both the dollar and euro on Tuesday after hot British labour data underscored market expectations of more interest rate rises from the Bank of England BoE. The pound rose as high as 1.2913, its highest since April 2022, and was last […]

SHANGHAI, July 11 Reuters Highend jeweller Bulgari has apologised after allegedly listing Taiwan as independent from China on an overseas website, sparking a furious response on Chinese social media. The company and its Chinese celebrity ambassadors became trending topics on China39;s Twitterlike Weibo platform after users spotted the country drop down menu on Bulgari39;s website. […]

July 10 Reuters Shares of Apple, Microsoft and other heavyweight companies dipped on Monday after Nasdaq Inc said it would rebalance its Nasdaq 100 index to address the benchmark39;s overconcentration. Apple dropped 1.1, leaving its market capitalization at 2.967 trillion. It closed above the 3 trillion threshold for the first time on June 30. Alphabet and Amazon fell over 2, while Microsoft […]

NEW YORK, July 10 Reuters Investors are piling into bullish options bets on the shares of Rivian Automotive, with some market participants saying the buying has helped the electric vehicle EV maker39;s stock notch a record nineday winning streak. Rivian shares, which took off last week after the company reported betterthanexpected quarterly vehicle deliveries, have risen 83 […]