electrification

Copper hits new all-time high as supply crunch deepens

Benchmark three-month copper futures on the London Metal Exchange surged to an all-time high of $14,533 per metric ton on Monday, surpassing the previous record of $14,527.50 set in January, as mounting concerns over mine supply and the prospect of…

ABB posts record Q2 orders, raises 2026 outlook again

Shares of ABB India soared nearly 10% on Thursday to hit a fresh 52-week high of Rs 7,924.50, after Swiss parent ABB Ltd reported record quarterly orders and raised its full-year 2026 revenue guidance.

IEA chief calls Europe’s slow electrification a ‘major mistake’

International Energy Agency chief Fatih Birol has warned that Europe's failure to electrify its economy faster since the 2022 energy crisis amounts to a "major mistake," leaving the continent dangerously exposed to volatile fossil fuel markets at a time of…