Sweco, the Swedish engineering consultancy, posted a strong third-quarter performance, with operating profit exceeding analyst expectations at SEK 569 million, slightly above the estimated SEK 559.3 million. Net sales reached SEK 6.78 billion, supported by a higher billing ratio and greater efficiency, though just shy of the SEK 6.86 billion forecast.   CEO Åsa Bergman highli ...

In the 1960s, US Senate Minority Leader Everett Dirksen warned about unchecked federal spending, famously saying, “A billion here, a billion there, and pretty soon you’re talking real money.” Modern Monetary Theory Modern Monetary Theory (MMT) is an economic framework that argues governments that issue their own currency can finance spending by creating more money rather than ...

This Long Read delves into the therapeutic potential, market growth, and current developments surrounding radiopharmaceuticals—a sector poised for significant impact in the coming years. Radiopharmaceuticals, also known as radioligands, represent a highly promising new approach to cancer treatment. These compounds consist of a radioactive isotope linked to a pharmaceutical agen ...

The UN’s largest biodiversity conference, COP 16 is currently underway in Colombia, offering an opportunity to align global financing with ambitious biodiversity targets set just two years ago in Montreal. This conference is the first of three COPs in rapid succession, setting a high bar for international collaboration on environmental goals, with COP 29 focusing on climate cha ...

As the world accelerates toward a more sustainable energy future, the transition is proving to be more complex and nuanced than a straightforward shift to renewables. While the growth of solar and wind capacity continues at a record pace, the need for reliable, flexible, and complementary energy sources remains critical. In this context, gas-fired power plants and turbines are ...

Swing states, or battleground states, hold a pivotal role in U.S. presidential elections as their electoral votes can shift between Democratic or Republican candidates based on voter trends. These states are highly competitive, with narrow voting margins, making them unpredictable over time. This volatility drives political campaigns to pour a disproportionate amount of time, m ...

Yesterday, shares of Finnish company Huhtamäki rose approximately 8% following a positive reaction to its third-quarter results, with management signaling a gradual improvement in outlook.   Huhtamäki, though headquartered in Finland, operates in 37 countries worldwide and has notably invested in emerging markets in recent years. The company’s annual sales reach around EUR 4. ...

With the progression of the digital age, the need for data centers to store and process vast amounts of information is surging, largely fueled by tech giants.These data centers, which power everything from cloud computing to AI, require significant amounts of electricity to function, and their energy consumption is projected to grow substantially. Currently, data centers consum ...

This week's Fiery Flash is Taiwan Semiconductor Manufacturing Company, or TSMC. It is the world's largest independent semiconductor foundry, or computer chip bakery, producing integrated circuits for clients worldwide. As a pure-play foundry, it doesn't design its own chips but manufactures them for companies that do. Their clients include industry giants like Apple, NVIDIA, an ...

Europe plans to fill the North Sea with wind turbines capable of generating 300 GW of power. To call this an enormous task is an understatement. Approximately 20,000 wind turbines, each around 15 MW in capacity, will need to be installed. These structures stand about 145 meters tall, with blades adding an additional 120 meters. They weigh around 1,700 tons and are supported by ...