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Reports indicate that a massive explosion was heard in Riyadh, the capital of Saudi Arabia.

2026-10-02

Reports indicate that a massive explosion was heard in Riyadh, the capital of Saudi Arabia.

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2026-10-01

On Oct 1 the rotor of the variable-speed unit at the Langjiang pumped-storage project in Zhaoqing, Guangdong was hoisted, marking completion of the main installation for a domestically produced 300 MW unit. The unit, included on China’s major energy

On Oct 1 the rotor of the variable-speed unit at the Langjiang pumped-storage project in Zhaoqing, Guangdong was hoisted, marking completion of the main installation for a domestically produced 300 MW unit. The unit, included on China’s major energy technology equipment list in 2022, can vary speed by 7% to adjust output across a 50% power range in real time and can convert surplus wind and solar into about 280,000 cubic meters of stored water per hour. The project has entered a commissioning push and is scheduled for full commercial operation in 1H2027. Once operational the plant will absorb roughly 2.16 bln kWh of clean energy annually and cut CO2 emissions by about 1.9 mln tons, providing flexible storage support for the new power system.
2026-10-01

The Basel Committee stated that it agreed to consult on supplemental guidance for Pillar 2 of the banking book regarding interest rate risk.

The Basel Committee stated that it agreed to consult on supplemental guidance for Pillar 2 of the banking book regarding interest rate risk.
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