0.9 C
Beijing
Thursday, January 29, 2026

Amazon confirms 16,000 job cuts after “Project Dawn” message was sent by mistake

Amazon confirmed about 16,000 corporate job cuts after an internal “Project Dawn” layoff message was sent accidentally, extending a broader push to reduce layers, boost efficiency and expand AI-driven automation.

UPS to cut 30,000 jobs and close 24 sites as Amazon volume “glide-down” continues

UPS plans to cut up to 30,000 jobs and close 24 facilities in 2026 as it reduces Amazon delivery volume, even as the company beat earnings estimates and forecast higher revenue for the year.

Wall Street pushes S&P 500 toward 7,000 while Dow falls as healthcare stocks tumble

Wall Street lifted the S&P 500 to a record and closer to 7,000 as earnings rolled in and the Fed meeting began, while the Dow slipped after health insurers sank on Medicare Advantage news.

China Eyes Nuclear Power as Base Load Power Supply to Support Renewable Energy Development

BusinessChina Eyes Nuclear Power as Base Load Power Supply to Support Renewable Energy Development

A political adviser at this year’s two sessions has called for nuclear power to play a more significant role in China’s efforts to achieve carbon neutrality. According to Lu Tiezhong, assistant general manager of China National Nuclear Corp and a member of the 14th National Committee of the Chinese People’s Political Consultative Conference, boosting the utilization of nuclear power in energy-intensive sectors, such as petrochemicals, steel, heating, seawater desalination, and isotope production, will help drive China’s green energy transition.

Lu suggested the use of high-temperature gas-cooled reactors as an integrated energy solution for industrial steam, hydrogen, and electricity used in multiple industries. One such reactor can provide 3,600 metric tons of high-temperature steam per hour, which, when matched with thermal-chemical hydrogen production plants, can help reduce carbon dioxide emissions by 3.42 million tons compared to traditional thermal power units.

In addition to providing a stable and reliable source of clean energy, nuclear power can also support the petrochemical industry’s dual challenges of ensuring a stable supply and carrying out clean and low-carbon transformation.

While acknowledging the importance of safety in advancing nuclear technologies, Lu also suggested the application of nuclear power in provinces that are developing solar and wind power on a large scale as a base load power supply to support steady power output and utilize renewable energy sources.

Ultimately, the development of China’s nuclear power sector should be evaluated not only in terms of the number of units and scale but also in the advances of nuclear technology and green transition, said Lu.

Read More:

Check out our other content

Check out other tags:

Most Popular Articles