Topic
Economic Development
25 stories related to this topic, newest first.
cnbc.comfinance2 hrs ago
Pennsylvania sets new data center standards while cutting permit times
State officials introduced rules requiring data center developers to cover energy costs and meet transparency standards. Permit processing times fell 72 percent over the past year after a review of 2,400 licenses.
foxnews.comworld4 hrs ago
Namibian President Calls for Closer Economic Ties With Tanzania
Namibia's president urged stronger cooperation with Tanzania during a visit to a historic liberation site. The remarks focused on building economic independence for both nations and the wider region.
cicnews.combusiness2 days ago
British Columbia Approves Underground Expansion at Red Chris Mine
The province has approved a shift from open-pit to underground block-cave mining at the Red Chris copper-gold mine. Officials said the change will increase ore processing to 15 million tonnes per year and extend operations by more than a decade.
foxbusiness.comai7 days ago
Billionaire Plans $100 Million Fund to Draw AI Startups to Columbus
Ratmir Timashev launched Oh.io, a venture firm that will pay sales and marketing teams for up to two years if startups open operations in Columbus. The effort follows Timashev’s earlier $110 million donation to Ohio State for a software innovation center.
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rigzone.comfinance20 days ago
OpenAI Breaks Ground on 1GW Data Center Campus in Saline, Michigan
OpenAI began construction of a 1GW data center campus in Saline, Michigan. The project is projected to generate $1 billion in tax revenue and create thousands of jobs.
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ksl.compolitics24 days ago
Utah Launches Dashboard on Military Installation Development Authority
Utah state officials introduced a public dashboard compiling nearly two decades of records on the Military Installation Development Authority. The tool follows approval of a proposed data center project in Box Elder County.
foxnews.comfinance26 days ago
Kevin O'Leary Says False Claims Circulate About Utah AI Data Center
Kevin O'Leary stated on X that opponents are spreading false claims about a Utah AI data center project after it received approval. He said the project will build its own power generation and follow environmental rules.
world27 days ago
Amherstburg Council to Decide Use of $500,000 from Diageo Deal
Town councillors will meet today to determine how to allocate $500,000 provided under an agreement linked to the February closure of Diageo's Crown Royal bottling plant. The funds form part of a larger provincial arrangement with the company.
tass.compolitics30 days ago
Maine Governor Vetoes Proposed Statewide Data Center Construction Ban
The Maine governor rejected legislation that would have enacted the first statewide prohibition on large data center projects. Eleven other states have introduced similar measures this year, and two members of Congress have proposed a national freeze.
Semaforworld31 days ago
Saudi Arabia's NEOM Delays The Line Project Until After 2030
NEOM has postponed further work on The Line, a planned 170-kilometer development, until after 2030. The decision follows a strategic review and reflects shifts in spending priorities by Saudi Arabia's Public Investment Fund.
france24.compolitics33 days ago
U.S. Envoy Visits Greenland to Assess Business Opportunities
A U.S. special envoy arrived in Greenland for an information-gathering trip focused on potential business opportunities. The envoy plans to brief U.S. officials later this week on findings from the visit.
foxnews.comworld34 days ago
Meta Plans Largest AI Data Center in Rural Louisiana
Meta is developing what it describes as the world's largest AI facility in a rural Louisiana parish. The project is located in one of the state's poorest regions and has drawn local attention to land use and infrastructure.
androidheadlines.comfinance34 days ago
Meta Plans Large AI Data Center in Louisiana Parish
Meta is developing a major AI data center project in a rural Louisiana parish. The facility could reach 7.5 gigawatts and would require ten new natural gas plants for power.
Semaforworld35 days ago
Report Projects Higher Intra-African Trade Under Full AfCFTA Implementation
A new report estimates that full implementation of the African Continental Free Trade Area could raise intra-African commerce to 53 percent of total trade. The same analysis projects manufacturing sector growth and job creation across the continent by 2035.
France 24world35 days ago
France and African Nations Discuss Jobs, Education, and Investment at Nairobi Summit
A French government official described the Africa Forward Summit in Nairobi as part of a renewed relationship focused on private capital, education, and partnerships. The event highlighted African investment in the continent and France's emphasis on expertise and infrastructure.
sabcnews.comworld35 days ago
Africa Forward Summit Discusses Economic Resilience and Global Imbalances
The Africa Forward Summit opened in Kenya with calls to increase domestic savings use and attract more foreign investment. Speakers addressed demographic imbalances and debt restructuring needs across the continent.
thehindu.compolitics35 days ago
U.S. envoy arrives in Greenland for business conference
Jeff Landry, designated as an envoy, reached Nuuk to attend the Future Greenland business conference. The visit focuses on economic discussions between the United States and Greenland.
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cnbc.comworld37 days ago
Toyota Files to Expand Texas Truck Factory, Adding 2,000 Jobs
Toyota has filed for approval to build a new manufacturing facility in Bexar County, Texas, as an expansion to its existing truck factory. The project would create 2,000 new jobs with construction targeted for completion by 2029. The move comes as President Trump pressures carmak…
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South China Morning Postworld38 days ago
Eight Countries Join Support for Philippines Luzon Economic Corridor
The Luzon Economic Corridor project, initially a trilateral initiative between the United States, Japan and the Philippines, will now include eight additional countries. The expanded group will invest in transport infrastructure, energy, digital connectivity, advanced manufacturi…
pymnts.comai38 days ago
Meta to Receive $3.3 Billion in Tax Breaks for Louisiana Data Center
Meta will receive $3.3 billion in tax breaks over 20 years to build a $10 billion data center in Richland Parish, Louisiana. The incentives equal the amount needed to fund the state's entire police budget for more than seven years. At least 36 states currently offer similar tax b…
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indianexpress.comfinance41 days ago
Bhutan Offers Zero Corporate and Capital Gains Tax Plus Fast-Track Licensing for Regulated Crypto Firms in Gelephu
Bhutan's Gelephu Mindfulness City has introduced an accelerated licensing pathway for globally regulated crypto firms. The initiative provides integrated regulatory and banking access along with 0% corporate tax and zero capital gains tax for qualifying companies. @CoinDesk repor…
mg.co.zaworld56 days ago
Malawi Receives $80 Million World Bank Grant to Boost Local Service Delivery
Malawi has secured an $80 million grant from the World Bank to support local governance and service delivery amid foreign exchange shortages. The funding targets all 32 local councils and finances the second phase of the Governance to Enable Service Delivery Project. An additiona…
bbc.co.ukworld59 days ago
Uganda's President Museveni Supports Proposed Oil Refinery in Tanzania
Uganda's President Yoweri Museveni indicated that Uganda could contribute crude oil to a proposed refinery in Tanga, Tanzania. Aliko Dangote pledged to lead the construction of a 650,000-barrel-per-day facility similar to one in Nigeria. The initiative aims to enhance local refin…
thesouthafrican.comworld59 days ago
Zimbabwe Sets 662,500-Tonne Wheat Target for 2026, Exceeding Annual Needs of 615,000 Tonnes
Zimbabwe has set a wheat production goal of 662,500 tonnes for 2026, exceeding its yearly requirement of 615,000 tonnes. The plan includes monitoring key inputs and supporting farmers amid reported challenges like payment delays and rising costs. A new $200 million fertilizer pla…
Substrate placeholder — needs reviewworld73 days ago
Michigan Advances Space Industry Initiatives to Support Economic Development
Michigan contributed components and research to NASA's Artemis II mission, the first crewed U.S. rocket launch in 50 years. State officials are establishing a Space Innovation Hub with up to $1.2 million in initial funding to connect space-related businesses. The effort aligns wi…