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At its 2026 interim results briefing Juneyao Airlines said Q2 gross margins were negative, driven by an unexpected spike in jet-fuel prices. The company said China domestic average jet-fuel procurement prices have retreated from this year’s peak ente

2026-09-09

At its 2026 interim results briefing Juneyao Airlines said Q2 gross margins were negative, driven by an unexpected spike in jet-fuel prices. The company said China domestic average jet-fuel procurement prices have retreated from this year’s peak entering Q3, and with summer peak-season demand and year-on-year higher load factor it expects Q3 gross margins to improve substantially versus Q2.

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2026-09-09

Hungary's water authority monitoring data showed the Danube at Budapest plunged to a new historic low of 1 cm on the 8th (local time). The extreme low has severely disrupted river navigation, with exposed riverbed debris threatening traffic, and Hung

Hungary's water authority monitoring data showed the Danube at Budapest plunged to a new historic low of 1 cm on the 8th (local time). The extreme low has severely disrupted river navigation, with exposed riverbed debris threatening traffic, and Hungary's only nuclear plant, Paks, briefly facing shutdown risk due to cooling-water constraints. Water specialists attribute the fall to extreme drought across the Danube basin; at the end of July the Budapest gauge read 27 cm, already below the prior record of 33 cm set on Oct. 25, 2018.
2026-09-09

People familiar said Alphabet (GOOG.O) and Blackstone (BX.N)’s $5bn AI cloud project Project Braid has encountered data-center construction delays. The project, backed by Blackstone’s $5bn investment and intended to lease Google AI-chip compute to cu

People familiar said Alphabet (GOOG.O) and Blackstone (BX.N)’s $5bn AI cloud project Project Braid has encountered data-center construction delays. The project, backed by Blackstone’s $5bn investment and intended to lease Google AI-chip compute to customers in 2027, had planned for developer Crusoe to build a Cheyenne, Wyoming site; Alphabet canceled that arrangement, took over the build and refiled permits after losing confidence in Crusoe’s ability to deliver. Crusoe has been involved in OpenAI and ORACLE’s Texas “Stargate” facility. Another planned site is stalled by a shortage of required transformers. Sources said AI data-center development is being constrained by power-equipment supply bottlenecks and permitting delays. Project Braid’s head said the program is proceeding and aims to provide 500 MW of compute capacity next year.
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