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Singapore delays climate reporting requirements for smaller companies. Regulators have deferred the implementation of mandatory climate-related reporting for small and mid-sized companies by up to five years, citing economic uncertainties and feedback indicating a need for more preparation time.
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Commonwealth Fusion Systems secures $863 million to advance fusion energy. The funds will accelerate the development of its fusion demonstration machine and first grid-scale power plant, aiming for a 2030s grid connection, supported by Dominion Energy and Google….
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US duty‑free import threshold scrapped for parcels under $800. The United States has eliminated its longstanding tariff exemption for low‑value imports, forcing businesses and logistics providers to reconfigure shipping strategies as new charges and regulatory complexity take effect.
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Frontier facilitates $31 million carbon removal agreements with Planetary. The agreements involve delivering 115,000 tons of carbon removals by 2030 using Ocean Alkalinity Enhancement, marking the largest of its kind. Buyers include Stripe, Google, and Shopify….
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Nvidia posted record quarterly revenue but shares still fell. The chipmaker’s dominance is being tested by valuation concerns, rival competition, and escalating US–China trade tensions. Hyperscaler spending secures demand for now, but questions grow over whether Nvidia’s strength is a shield or a liability.
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Amazon partners with nuclear firms to expand US energy capacity. The collaboration with X-Energy, KHNP, and Doosan aims to deploy advanced nuclear reactors to support data centres and AI infrastructure, potentially mobilising $50 billion in investments for over 5 GW of nuclear energy….
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The Net-Zero Banking Alliance (NZBA) pauses activities, restructuring. Following high-profile exits, the NZBA plans to transition from a membership alliance to a new framework initiative. Members are voting on the proposal, with results expected by the end of September….
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Virgin StartUp launches ‘Momentum’ accelerator programme to support dyslexic entrepreneurs. The programme aims to help dyslexic founders scale their businesses through workshops, mentoring, and resources. Dyslexic entrepreneurs contribute significantly to the UK economy, with many possessing skills ideal for entrepreneurship.
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Trump’s dismissal of Fed governor Lisa Cook raises tensions. President Trump claimed to have sacked Fed governor Lisa Cook, alleging mortgage fraud. The dollar weakened, US borrowing costs rose, and a legal challenge is expected over the unprecedented move.
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Aalo Atomics raises $100m to build nuclear plant for AI. Aalo Atomics, a US-based nuclear technology firm, has secured $100 million in Series B funding to construct its inaugural nuclear power plant, targeting the growing energy demands of AI and advancing sustainable energy solutions….