August 24, 2026

J.Barnes

Fund

BlackRock Files Tokenised Fund Shares On Solana: SOL Impact

What Is Fund Tokenisation, And Why Does It Matter? Tokenisation means recording ownership of a traditional financial asset, such as fund shares or

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Wealth Management

HDFC Bank modernises wealth management with Infosys Finacle

By Milan Rojan Today API Automation Core Banking HDFC Bank has deployed the Infosys Finacle Wealth Management Solution as part of its digital

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Wealth Management

HDFC Bank modernises wealth platform with Infosys Finacle

HDFC Bank, India’s largest private-sector lender, has modernised its wealth management technology by deploying Infosys Finacle’s wealth management platform. It replaced legacy systems

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Energy

AI, energy infra moving at different speeds, says expert on Al-Attiyah Foundation Podcast

Laura Cozzi, the International Energy Agency’s Chief Energy modeller. The rapid expansion of artificial intelligence (AI) could soon collide with a fundamental constraint: a lack of electricity, an expert stated during the Al-Attiyah Foundation Podcast.  As many as one in five data centres planned worldwide between now and 2030 may not have access to sufficient power, according to Laura Cozzi, the International Energy Agency’s (IEA) Chief Energy modeller. Cozzi said data centres can be built in as little as 18 months, while the power plants, grids and other infrastructure needed to supply them typically take far longer to develop. “There is a big mismatch between how quickly data centre providers move and the time needed for energy-sector infrastructure,” she said, describing a clash between the fast-moving technology industry and an energy sector accustomed to long-term planning. The warning comes as global electricity demand from data centres is expected to more than double from 460 terawatt-hours (TWh) in 2024 to over 1,000TWh by 2030. This would represent around 3% of global electricity generation, according to the IEA.  Renewables are expected to meet almost half of the additional demand, although natural gas and coal will also play significant roles. Cozzi said the rapid adoption of AI was already reshaping energy demand, particularly in the US. Although successive generations of computer chips are becoming substantially more efficient, the growing use of energy-intensive applications such as AI-generated video is driving demand for computing power higher. This surge is also transforming technology companies from passive energy consumers into major participants in energy markets. Demand associated with AI has contributed to record orders for gas turbines, while technology companies are investing in renewable energy, battery storage and small modular nuclear reactors. The discussion also explored what Cozzi described as the emerging “Age of Electricity.” Global electricity demand grew by nearly 3% in 2025 — more than twice the rate of overall energy demand — driven by data centres, electric vehicles, industrial activity, and rising cooling requirements. Solar photovoltaic power supplied more than a quarter of the increase in global energy demand, becoming the largest single source of growth for the first time.  Despite geopolitical instability, Cozzi noted that global energy investment remains strong, with $3.4tn expected to flow into the sector in 2026. She also highlighted Qatar’s continued investment in LNG as part of a broader wave of spending on energy security and supply diversification. The podcast further examines the return of nuclear energy, rapid advances in batteries, persistent energy poverty, and the relationship between climate action and energy security. Cozzi argued that technologies including solar, batteries, and electric vehicles can advance both agendas by helping energy-importing countries reduce emissions while strengthening domestic energy security. Related Story Source

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Wealth Management

HSBC boosted by lending and wealth management – Daily Business

HSBC beat forecasts HSBC posted a 23% surge in pre-tax profits for the first half to $19.5 billion (2025: $15.8bn), driven by higher

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Energy

CNTE STAR T Powers the Czech Republic’s Largest Battery Energy Storage Project

TEPLICE, Czech Republic, Aug. 4, 2026 /PRNewswire/ — Contemporary Nebula Technology Energy Co., Ltd. (CNTE), a global provider of integrated energy storage solutions

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Insurance

6 surprising travel insurance exclusions to watch out for

Think your travel insurance has you covered? From altitude limits to water sports, some policies contain surprising exclusions that can catch holidaymakers off

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Investments

KiwiSaver providers can sell your investments to pay fees, dispute scheme rules

KiwiSaver providers are allowed to sell members’ investments to cover their fees if the process is clearly disclosed, Financial Services Complaints Ltd (FSCL)

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Energy

How Geothermal and Nuclear Could Help the U.S. Catch China in the Energy Race

China is winning the race for global clean energy dominance. Beijing has outspent every other country on Earth for years now, and controls

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Wealth Management

20 Wealth-Building Lessons For The Next Generation

Younger generations are building wealth in a very different financial landscape than the ones that came before them. With easier access to digital

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