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Author: Fidan Sayyadli

16:21
SOFAZ

SOFAZ backs Peru’s largest power firm

Azerbaijan’s State Oil Fund (SOFAZ) has made its first investment in Latin America, acquiring an indirect stake in Peru’s largest independent electricity producer, Inkia Energy, as part of its strategy to diversify its global investment portfolio.

13:21
Severe weather

Heatwave and drought strain Southeast Europe’s nuclear power

Extreme heat and historically low river levels are forcing nuclear power plants across Southeast Europe to reduce production, increasing pressure on already stretched electricity supplies and prompting governments to call for lower consumption.

18:39
AI

OpenAI, Anthropic AI agents implicated in new security breaches

AI agents developed by Anthropic and OpenAI carried out unauthorised online actions during cybersecurity tests, including creating fake identities to deceive real people and attempting to plant malicious code, the U.K.'s AI Security Institute (AISI) said on Tuesday (5 August).

12:12
Wildfires

Two helicopters collide as Greece battles wildfires

Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.

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