United States carrier Delta Air Lines has resumed direct flights to the city after the pandemic, launching a daily service to Los Angeles amid surging fuel prices. Jeff Moomaw, the airline’s vice-president for Asia-Pacific, said on Monday that it would take some time to increase services connecting the city to more destinations as the carrier remained focused on current demand. “Our focus right no...
United States carrier Delta Air Lines has resumed direct flights to the city after the pandemic, launching a daily service to Los Angeles amid surging fuel prices. Jeff Moomaw, the airline’s vice-president for Asia-Pacific, said on Monday that it would take some time to increase services connecting the city to more destinations as the carrier remained focused on current demand. “Our focus right now is making sure that this flight is a success,” Moomaw said. “As it grows over time, and we focus...
London ( UKX ) -0.30% Germany ( DAX:IND ) -0.69%. Germany’s factory orders dropped 3.8% mom in April 2026, reversing a downwardly revised 4.5% increase in the prior month and missing market estimates. France ( CAC:IND ) -0.62% In other parts of Europe, t he Czech unemployment rate edged down to 4.8% in May. The trade surplus in the Czech Republic sharply narrowed to CZK 6.8B in April. The pan-Euro...
London ( UKX ) -0.30% Germany ( DAX:IND ) -0.69%. Germany’s factory orders dropped 3.8% mom in April 2026, reversing a downwardly revised 4.5% increase in the prior month and missing market estimates. France ( CAC:IND ) -0.62% In other parts of Europe, t he Czech unemployment rate edged down to 4.8% in May. The trade surplus in the Czech Republic sharply narrowed to CZK 6.8B in April. The pan-European Stoxx 600 ( STOXX) slipped 0.61% to €618.9, as traders weighed the renewed escalation of the conflict between Iran and Israel and a fresh spike in oil prices. Gold slipped below $4,300 an ounce on Monday, falling to its lowest level in more than two months. The euro steadied just above $1.15, close to its weakest level since start of April. Brent crude futures jumped more than 4% to above $97 per barrel on Monday. In the bond market, the yield on the US 10-year Treasury was up 4 basis points to 4.57%. UK's 10-year yield was up 4 basis points to 4.95%. Germany's 10-year yield was up 2 basis points to 3.06%, reaching its highest since May 21, as traders nearly fully priced in three ECB rate hikes this year. Currencies: ( EUR:USD ) ( GBP:USD ) ( CHF:USD ) ETFs: (NYSEARCA: EWG ), (NYSE: GF ), (NYSEARCA: EWI ), (NYSEARCA: EWQ ), (NASDAQ: FGM ), (NASDAQ: DAX ), (NYSEARCA: FLGR ), (NYSEARCA: FXB ), (NYSEARCA: EWU ), (NASDAQ: FKU ), (BATS: EWUS ), (NYSEARCA: FLGB ), (NYSEARCA: GREK ) More on Europe Week Ahead: Surging Greenback On Robust Jobs Data, While ECB Hike Seen As A Done Deal Stronger Dollar Trade: The Most Unexpected Macro Bet (Part 2) New Fed May Sap Market's Reaction Function To U.S. Jobs Report Global stocks extend retreat as rate hike fears, Middle East tensions rattle markets Goldman Sachs drops 2026 Fed cut call after strong jobs data
Key PointsWhat previously required multi-step communications, relatively expensive infrastructure, and time can now be efficiently accomplished by the savvy use of mobile technology.
Key PointsWhat previously required multi-step communications, relatively expensive infrastructure, and time can now be efficiently accomplished by the savvy use of mobile technology.
Spain-Style Blackout Risk Rises As ERCOT Flags Boston-Sized Data Center Loads Tripping Offline The Electric Reliability Council of Texas (ERCOT) gave the market another concrete reason to stop pretending the grid can absorb unlimited hyperscale load growth on top of an already strained generation mix. In a May 21st report, ERCOT disclosed that multiple clusters of proposed data centers and crypto ...
Spain-Style Blackout Risk Rises As ERCOT Flags Boston-Sized Data Center Loads Tripping Offline The Electric Reliability Council of Texas (ERCOT) gave the market another concrete reason to stop pretending the grid can absorb unlimited hyperscale load growth on top of an already strained generation mix. In a May 21st report, ERCOT disclosed that multiple clusters of proposed data centers and crypto facilities failed voltage ride-through testing . When subjected to simulated routine voltage disturbances, such as the kind caused by transmission faults, capacitor switching, or equipment issues, four groups of these large users simply disconnected . Models showed each group capable of removing more than 5,000 MW of demand in one event. “Those abrupt drops in demand were equivalent to the electricity consumption of a large city such as Boston ” In a real-world fault on the Texas grid, those facilities would not ride through the sag and remain online like traditional industrial customers. Their protection systems would trip them offline to protect servers and mining rigs. Only Texas is aware of the power demand tsunami that is coming. The US is woefully unprepared for the coming explosion in electricity demand pic.twitter.com/9wfgBbS6D8 — zerohedge (@zerohedge) December 13, 2024 The instantaneous loss of thousands of megawatts of demand creates an immediate generation surplus . Frequency rises sharply. Other units can trip on over-frequency protection or be forced into abnormal operation. In tight reserve conditions or during summer peak, the event does not stay localized . It becomes a system stress event. ERCOT has already recorded at least 26 such disconnection events involving data centers or crypto operations since 2023. The operator is now reviewing roughly 20 GW of large-customer applications, including several gigawatts slated to energize before July. The board has elevated voltage ride-through performance to a top priority precisely because the scale of these new l...