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...
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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...
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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 ...
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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 ...
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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...
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Fed Extends Emergency Lending Programs Through End Of Year

Fed Extends Emergency Lending Programs Through End Of Year

US stock prices are at record highs and credit spreads near record lows amid hopes and prayers for the v-shaped recovery which has already sent US macro surprise data soaring. But, it appears The Fed is not buying the bounce...
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Intel’s 7nm is Crap, Company Announces Delay Until 2022, 2023

Intel’s 7nm is Crap, Company Announces Delay Until 2022, 2023

Intel announced today in its Q2 2020 earnings release that it has now delayed the rollout of its 7nm CPUs by six months relative to its previously-planned release date, undoubtedly resulting in wide-ranging delays to the company’s roadmaps. Intel’s...
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Chevron will buy Noble Energy for $5 billion, the biggest oil deal since the oil crash

Chevron will buy Noble Energy for $5 billion, the biggest oil deal since the oil crash

Chevron announced Monday it would acquire Noble Energy (NBL) for $5 billion. It’s the biggest energy deal since the pandemic decimated the oil industry. Noble shareholders will receive Chevron stock in this all-stock transaction. Chevron shares traded in...
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Boeing has lost more than 800 orders for the 737 MAX this year

Boeing has lost more than 800 orders for the 737 MAX this year

Also Boeing’s Q2 commercial airplane deliveries drop 78% from last year. Though Boeing now anticipates U.S. federal approval to unground its 737 MAX in September, company data released Tuesday shows that in the first half of this year the manufacturer l...
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JPMorgan Turns Bearish

JPMorgan Turns Bearish

JPMorgan Turns Bearish, Sees Unattractive Risk-Reward For Stocks In H2. It may come as a surprise to some, but just two weeks after JPMorgan said it was turning bullish on the US, officially upgrading US equities to Overweight after holding a missing...
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Warren Buffett’s Berkshire Hathaway buys Dominion Energy gas lines in $9.7B deal

Warren Buffett’s Berkshire Hathaway buys Dominion Energy gas lines in $9.7B deal

Extremely risky, even suicidal. The energy division of Warren Buffett’s Berkshire Hathaway will acquire gas lines owned by the power company Dominion Energy in a nearly $10 billion deal, the two companies announced Sunday. Dominion has sought to expan...
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Neutral hydrogen from other galaxies detected for first time

Neutral hydrogen from other galaxies detected for first time

In a development that could finally shed light on dark matter, an international team of scientists have detected neutral hydrogen atoms, from a galaxy other than our own, for the very first time. The finding came thanks to the enormous...
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Shell Warns Of Massive $22 Billion Write Down

Shell Warns Of Massive $22 Billion Write Down

Royal Dutch Shell warned on Tuesday it could take as much as a $22-billion post-tax impairment charge for Q2, becoming the latest oil major warning of a massive write-down of its assets as it revised its price assumptions after the oil price...
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Mercedes-Benz Will Have Autonomous Capability

Mercedes-Benz Will Have Autonomous Capability

Mercedes-Benz and Nvidia are going to build a new software-defined computing architecture for automated vehicles based on the Nvidia DRIVE platform that will be installed across the fleet of next-generation Mercedes-Benz vehicles, starting in 2024. “It&#...
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After 84 years, Olympus quits camera business

After 84 years, Olympus quits camera business

Olympus, once one of the world’s biggest camera brands, is selling off that part of its business after 84 years. The company said that despite its best efforts, the “extremely severe digital camera market” was no longer profitable. The arriva...
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