1 دن پہلے
European gas trades near multi-year highs as storage lags, benchmark holds around €81 per MWh
European gas storage stands at about 68%, with Germany at 56%, stoking concerns over winter supply. Benchmark contracts rose as much as 4% before easing, settling near €81 per megawatthour. Market analyses say prices could approach €100 per megawatthour this winter if Middle East supply restrictions persist, and could exceed €120 per megawatthour if the conflict escalates.
1 دن پہلے
1 دن پہلے
Aurora Cannabis reiterates FY27 Q2 sequential net revenue and adjusted EBITDA growth outlook after Safari Flower deal
Aurora Cannabis said it expects sequential growth in fiscal 2027 second-quarter net revenue and adjusted EBITDA. The company said Safari Flower Company, after receiving EU-GMP certification, is expected to add incremental net revenue and adjusted EBITDA. Aurora also cited continued strength in higher-margin international markets, including Germany and Poland, as it targets profitable growth abroad.
1 دن پہلے
1 دن پہلے
India cuts 2025-26 sugar output estimate to 31 million tonnes as ethanol diversion rises
India’s sugar industry has lowered its 2025-26 sugar production estimate to 31 million tonnes from nearly 35 million tonnes, citing weaker sugarcane output and the diversion of more than 3 million tonnes of cane to ethanol. E20 petrol—containing 20% ethanol—is set to become the nationwide standard from 1 April 2026, keeping ethanol demand elevated. Grain ethanol producers say maize-based ethanol demand could rise by 40-50% next year if rice supplies are unchanged, potentially tightening supplies for poultry feed.
1 دن پہلے
1 دن پہلے
Salesforce reports global service outage during Dreamforce, fix rollout underway
Salesforce reported a global service disruption during its Dreamforce conference, first logged at 09:30 BST on September 16. Customers experienced severe delays, intermittent errors, and an inability to access some services. The company said requests were stalling while waiting for an internal login service response, exhausting available server resources. By 11:56 BST, Salesforce said it had validated a fix and was rolling it out.
1 دن پہلے
1 دن پہلے
Amazon plans 1,000 same-day fulfillment centers by 2031 to push faster delivery across the U.S.
Amazon plans to build 1,000 same-day fulfillment centers, aiming by 2031 to place inventory within a 10-mile radius of 80% of U.S. Prime members. The push is designed to challenge Walmart’s advantage in fast delivery. Capital spending is estimated at about $48.4 million per facility, and the network is projected to handle 28% of Amazon’s orders by 2029. Internal projections also anticipate the share reaching 50% by 2035.
1 دن پہلے