Unprecedented Plankton Bloom in Thailand’s Gulf Threatens Marine Life and Fisheries

An extraordinary plankton bloom off Thailand’s eastern coast is triggering concerns of a marine “dead zone,” posing a serious threat to local mussel farmers. The Gulf of Thailand is witnessing plankton levels over ten times the norm, turning the water vibrant green and decimating marine life. These blooms, usually brief, can unleash toxins and deplete oxygen and sunlight, harming the environment. In Chonburi, renowned for mussel farming, over 80% of nearly 300 plots are impacted, causing substantial losses for fishermen like Suchat Buwat, whose earnings have dropped by more than 500,000 baht ($14,000). Pollution and rising sea temperatures linked to climate change are suspected culprits behind this unprecedented event, emphasizing the need for sustainable resource management and climate action.
Fidelity Bank Empowering Nigerian Businesses and Facilitating Global Trade Connections

Fidelity Bank’s FITCC Houston is set to ignite the global trade scene and empower Nigerian businesses. With a focus on promoting export trade and facilitating partnerships, this event promises to be a game-changer for entrepreneurs and industry leaders. FITCC Houston opens doors to new horizons and positions Nigerian businesses on the international map by providing a platform for collaboration, investment opportunities, and market access. Take advantage of this exceptional opportunity to expand your business, network with industry experts, and showcase your innovations to a global audience. The countdown to FITCC Houston has begun, and the stage is set for Nigerian businesses to shine on the world stage.
Exclusive: Tesla makes China boss highest-profile executive after Musk

Tesla Inc’s China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s U.S. assembly plants as well as sales operations in North America and Europe, according to an internal posting of reporting lines reviewed by Reuters.
Exclusive: Tesla plans mass production start for Cybertruck at end of 2023

Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck Chief Executive Elon Musk unveiled in 2019, two people with knowledge of the plans told Reuters.
Musk’s SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverage

U.S wireless carrier T-Mobile US Inc (TMUS.O) will use Elon Musk-owned SpaceX’s Starlink satellites to provide mobile users with network access in parts of the United States, the companies announced on Thursday, outlining plans to connect users’ mobile phones directly to satellites in orbit.
Oil steady as rising Libyan output offsets supply worries

Oil prices were steady on Monday, as investor bets that global supply will remain tight amid restraint by major producers were offset by a rise in Libyan output.
German chip chemical supplier to spend $1 bln in U.S., pairs with Palantir on supply chain data

A German supplier of chemicals and materials used in making semiconductors said on Tuesday that it is investing $1 billion in its U.S. operations and forming a joint venture with data analytics firm Palantir Technologies (PLTR.N) to solve chip industry supply chain problems.
How a little Texas town snagged a $17 bln Samsung chip plant deal

Williamson County Judge Bill Gravell is the first to admit few people had heard of his small town of Taylor in Central Texas before South Korean conglomerate Samsung announced it was building its new $17 billion chip factory there.
Samsung to pick Taylor, Texas, for its $17 bln chip plant – WSJ

South Korean tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday it had not made a final decision on the location of a new $17 billion chip plant in the United States, after the Wall Street Journal reported it would be Taylor, Texas.