Central Bank Balance Sheets Jump To $28 Trillion Next Year

Central Bank Balance Sheets Jump To $28 Trillion Next Year

As Bank of America shows, central bank balance sheet have never been bigger with the Fed now holding 34% of US GDP, and expected to see this number rise to 38%. For the other central banks the number is 25%...
read more
400 Security Flaws In Qualcomm’s Snapdragon CPUs

400 Security Flaws In Qualcomm’s Snapdragon CPUs

Qualcomm turn over 1 Billion Android phones into spying tools. More than one billion Android phones may be compromised as researchers found 400 vulnerabilities in Qualcomm’s Snapdragon chips, which are standard in smartphones and other gadgets. Snapdrago...
read more
Space industry is moving to ‘leadership by seasoned execs’

Space industry is moving to ‘leadership by seasoned execs’

The space industry is moving “from a small community of space enthusiasts to leadership by seasoned execs,” says Chad Anderson, managing partner at Space Capital. “We’re going into a phase where we’re moving from startup really to growth,” Anderso...
read more
Japan scrapped a $4.2 Billion US missile system

Japan scrapped a $4.2 Billion US missile system

Washington and Tokyo have been allies for 60 years. Both agree they’re spending too much. Japanese Defense Minister Taro Kono was seething after a June 3 briefing in his office. “Why didn’t you figure that out sooner?” he snapped. Offic...
read more
How To Sleep During A Heatwave

How To Sleep During A Heatwave

In light of the arrival of higher temperatures this week, many of us will be contemplating one of the biggest struggles that come with balmy climes: how to get a good night’s sleep. According to Dr Nerina Ramlakhan, a sleep expert...
read more
2023 Cadillac Lyriq Revealed

2023 Cadillac Lyriq Revealed

It won’t go into production for two more years but will be the first use of GM’s modular EV platform and Ultium battery technology. Cadillac wants you to know that the Lyriq may just be a “show car” at this stage,...
read more
He Abandoned The Deadly Cargo – About One Unscrupulous Businessman

He Abandoned The Deadly Cargo – About One Unscrupulous Businessman

Thus far an official ongoing investigation by Lebanese authorities into the cause of Tuesday’s Beirut port blast, now considered the largest non-military munitions explosion in history, has dubbed it severe “negligence”. It’s now well ...
read more
Toyota’s Q1 profit nearly wiped out

Toyota’s Q1 profit nearly wiped out

Toyota’s profit plunged 74% in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year. Toyota Motor Corp. reported on Thursday a profit of 158.8 billion yen...
read more
Virgin Atlantic files for bankruptcy protection

Virgin Atlantic files for bankruptcy protection

Virgin Atlantic, the European carrier founded by British entrepreneur Richard Branson, on Tuesday filed for debt relief in the U.S. as the toll of the coronavirus on the airline industry continued to mount. The company said it is not technically bankrupt and...
read more
The World Is Facing A Solar Panel Waste Problem

The World Is Facing A Solar Panel Waste Problem

Solar panel installations hit a total 629 GW last year–an increase of 12 percent from 2018. It was also a lot—really a lot—of panels. And in a few years, these panels could become a major waste management headache. Solar panels...
read more
Raytheon Technologies 2Q Results & Outlook

Raytheon Technologies 2Q Results & Outlook

Technologies Corporation (NYSE: RTX, Market capitalization: $86.59 billion), a leading aerospace and defense company, reported robust 2Q20 results, beating the consensus revenue and Adjusted EPS comprehensively. The Company reported an adjusted sales of $14.3 ...
read more
TikTok countdown: Trump to give Chinese owner 45 days ultimatum

TikTok countdown: Trump to give Chinese owner 45 days ultimatum

United States President Donald Trump has agreed to give China’s ByteDance 45 days to negotiate a sale of popular short-video app TikTok to Microsoft Corp, two people familiar with the matter told the Reuters News Agency. US officials have said...
read more
Apple’s partners and Samsung apply for India’s $6.6 billion program

Apple’s partners and Samsung apply for India’s $6.6 billion program

Apple’s partners and Samsung apply for India’s $6.6 billion local smartphone production program. South Korean giant Samsung, Apple’s  contract manufacturing partners Foxconn, Wistron and Pegatron, and Indian smartphone vendors Micromax and Lava among ...
read more
Bullying works! ByteDance Caves To Trump

Bullying works! ByteDance Caves To Trump

ByteDance caves to Trump, agrees to sell 100% of TikTok to Microsoft. President Trump’s insistence that the White House will ban the social-media app TikTok from the US triggered a wave of hysteria among users of the app: whatever will the...
read more