Politics

EU may lower the proposed gas price cap

The Czech Republic has proposed that other EU member states reduce the proposed gas price ceiling from €275 per MWh to €188.

The market adjustment mechanism is triggered if the prices of contracts for a month and a year ahead on the TTF index exceed €188 per MWh within 3 days.

In this case, the price must be 35 euros higher than the average price for LNG.

Hyundai has released a "copy" of the Tesla - Reuters

* Hyundai Motor Co. on Thursday unveiled its first electric sedan, the Ioniq 6. The South Korean automaker expects the electric car to help it capture a larger share of the EV market, including poaching Tesla customers.

Bank of America has no plans to offer crypto services

BofA CEO Moynihan said that the company will not offer services related to cryptocurrency in the near future. However, he acknowledged the importance of digital payments in today's economy. According to Moynihan, the main obstacle to the crypto industry is regulatory problems. The SEC is suspicious of companies offering cryptocurrency

Alchemy Pay Reveals Plans for Launching a Layer 1 Blockchain to Meet Business Demand

Alchemy Pay, a renowned provider of cryptocurrency payment solutions, has announced its ambitious plan to launch a Layer 1 blockchain called Alchemy Chain. This groundbreaking move aims to support the “growing needs” of its business operations and provide an efficient, scalable infrastructure for large-scale applications. The announcement sheds light on

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