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Australia, India strike deal on uranium exports during Modi visit

MELBOURNE/NEW DELHI, July 9 (Reuters) – Australia and India reached a deal on Thursday to export Australian uranium to India for ‌use in the nuclear energy industry, while agreeing to deepen cooperation in renewables, critical minerals and green hydrogen. India has long eyed Australia’s uranium reserves to help meet a target of 100 gigawatts of nuclear energy capacity by 2047, while Australia is looking to diversify trade beyond its ​reliance on China, its top partner. “Australia and India are close partners and even closer friends,” Australian Prime Minister Anthony ​Albanese told reporters in Melbourne on Thursday, after finalising the deal

India consumer inflation likely topped RBI’s 4% target in June

BENGALURU, July 9 (Reuters) – India’s consumer inflation likely breached the RBI’s medium-term target of 4% in June for the first time in 16 months, according ​to a Reuters poll, as higher food and fuel prices, the U.S.-Iran war ‌and a weak monsoon added to cost pressures. Consumer inflation, measured by the annual change in the consumer price index (CPI), is expected to have quickened to 4.3% in June from 3.93% in May, 37 economists forecast in the poll ​conducted July 3-9. Estimates for the data, due to be released on July 13, ranged ​from 3.65% to 5.50%. This would

Meta plans billions for first AI data center in Canada, largest outside the US

EDMONTON, Alberta, Canada, July 9, 2026 (AP) — Facebook and Instagram parent Meta said Wednesday it will invest more than US$9.1 billion to build its first artificial intelligence data center in Canada and its largest outside the United States. The facility will be built in Sturgeon County, Alberta, and powered by a natural gas-fired plant being developed by a consortium that includes Calgary-based Pembina Pipeline Ltd. Technology and Innovation Minister Nate Glubish called the project “a big deal for Alberta,” saying the province had created a regulatory framework to attract data center investment. Alberta has been courting hyperscale data centers

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