Business – PressClub World

9. 2. 2025 No Responses

Wikileaks: USAID has pushed $472 million to 4,291 media outlets

American taxpayers funded the global censorship octopus that has lied about wars, COVID origins, vaccines, 84 genders, Zionist war crimes and ethnic cleansing etc. USAID funded massive ‘News’ platform, extending ‘Censorship Industrial Complex’ to billions worldwide. USAID pressured advertisers to...

8. 2. 2025 No Responses

XDOWN reveals specs of its next-gen kamikaze drone

The U.S. startup XDOWN has revealed new details on the PS Killer (PSK) tactical Unmanned Aerial System (UAS), a cutting-edge loitering munition. With a “throw-and-forget” deployment system, advanced thrust vectoring for high agility, and stealth capabiliti...

7. 2. 2025 No Responses

F-35 Fails to Improve on Delays and Performance Issues

The annual report from the Pentagon’s Director of Operational Test and Evaluation (DOT&E) has highlighted ongoing difficulties faced by the F-35 fifth generation fighter program in bringing the aircraft up to the much delayed Technology Refresh-3 (TR-3) ...

6. 2. 2025 No Responses

Tesla’s sales plummet in Europe

In Germany, which is Tesla’s biggest market in Europe, registrations plummeted by almost 60% in January. They only sold 1,277 cars compared to 3,150 last January. This is especially worrying because the overall German car market only dropped 2.8%, and...

9. 1. 2025 No Responses

Zeekr 007 GT Wagon – first shots

Zeekr is expanding its lineup with the introduction of the 007 GT, an estate variant of its 007 sedan. The Zeekr 007 GT will be known as the Zeekr 7 GT outside of China and will be launched in the...

4. 1. 2025 No Responses

M2 money supply in the US continues to decline

The chart from FRED shows the ratio of M2 to the nominal product of the US economy. It also shows the trend, where the correlation was visible especially after the Global Financial Crisis until 2020. After this period, the money...

20. 12. 2024 No Responses

Trump threatens: Buy American energy or I will impose tariffs

World bully Trump – the first American president in history to publicly admit to murder, is once again showing his character. Against allies – the EU has resorted to blackmail and threats. Bully Trump wrote on his social platform Truth...

22. 11. 2024 No Responses

Northvolt files for protection from creditors

Swedish electric vehicle (EV) battery maker Northvolt has collapsed, with at least $1 billion needed to save the company. Northvolt filed for Chapter 11 bankruptcy protection in the US late last week, and co-founder Peter Carlsson has stepped down as...

16. 11. 2024 No Responses

TSMC Lands $6.6 Billion in US Funding to Build Advanced Chip Plants in Arizona

TSMC’s new facilities in Arizona will power next-gen tech, including 5G/6G and AI applications, starting early 2025. The United States has agreed to provide up to $6.6 billion in direct funding to Taiwan Semiconductor Manufacturing Co. (TSMC) to build advan...

13. 11. 2024 No Responses

Boeing To Cut 17,000 Jobs

Boeing is set to issue layoff notices affecting 17,000 positions, accounting for 10 per cent of its global workforce, according to Reuters. Impacted employees will remain on the company’s payroll until January, in compliance with federal regulations requ...

12. 11. 2024 No Responses

Hertz: Accumulating Losses From Risky Bet on Tesla EVs

Hertz Global Holdings Inc. crashed after the company reported a worse-than-expected loss stemming from the rental-car company’s risky bet on electric vehicles and heavy depreciation costs that have pummeled earnings for the past year. The company posted an a...

20. 9. 2024 No Responses

Tech giants desperate to power AI data centers

The tech industry’s need for more power for data centers running artificial intelligence is now so desperate that companies are turning to nuclear disaster sites, despite the potential risks. Microsoft Corp. and Constellation Energy Corp. said Friday that th...

19. 9. 2024 No Responses

Boeing to Begin Temporary Layoffs Because of Strike

The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union. Boeing will start furloughing tens of thousands of employees in the coming days as it seeks...

15. 8. 2024 No Responses

Money-Market Fund Assets Hit Record Highs, Banks See Large Deposit Outflows

Money-market funds saw a second week of significant inflows (+$28.4 Billion) which together with the prior week’s $52.7 Billion, pushed total MM assets under management to a new record high of $6.216 Trillion. Large banks saw $73.5 Billion of deposit...

14. 8. 2024 No Responses

Five ‘economic tectonic forces’ are reshaping global economy

Global Times reporters Xie Wenting and Bai Yunyi (GT) conducted an exclusive interview with renowned economist and former governor of the Bank of Canada, Stephen Poloz (Poloz). According to Poloz, five economic tectonic forces – population aging, debt ...

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