Business – Page 14 – PressClub World

17. 9. 2022 No Responses

India Overtakes UK To Become Fifth Biggest Economy

Just a decade ago, Indian GDP was the eleventh largest in the world. Now, with 7 percent growth forecast for 2022, India’s economy has overtaken the United Kingdom’s in terms of size, making it the fifth biggest. India’s growth is accompanied by a period of...

16. 9. 2022 No Responses

White House Releases First Ever Comprehensive Crypto Regulatory Framework

Following U.S. President Biden’s executive order, the White House published a framework for CBDC development and draconian regulation of the crypto ecosystem. The White House has published a legal framework for engaging with bitcoin and cryptocurrencies in t...

14. 9. 2022 No Responses

CBDCs are a dystopian implementation of money

Central bank digital currencies (CBDCs) are being actively developed and discussed in many major nations in the world including 19 of the G20 countries, and around 105 others worldwide, as shown by Atlantic Council statistics in 2022. They are being advanced...

8. 9. 2022 No Responses

Pentagon Halts F-35 Stealth Fighter Deliveries Over Use Of Chinese Alloy

The Pentagon suspended the Lockheed Martin F-35 Lightning II deliveries over Chinese rare-earth metals used in magnets for pumps on the stealth fighter jet. Defense Department spokesman Russell Goemaere told Bloomberg in an email that the F-35 program office...

7. 9. 2022 No Responses

Indian Petroleum Minister: India will continue to buy Russian oil despite Western pressure

Indian Petroleum Minister Hardeep Singh Puri told CNBC on Wednesday that his country will continue to purchase Russian oil despite growing pressure from the West. The minister explained that it’s a question of energy security, pointing out that India consume...

6. 9. 2022 No Responses

Shahid Soleimani Patrol-Combat Vessel Enters Service in Iran

On September 5, Iran’s IRGC Navy officially took delivery of the first Shahid Soleimani-class patrol-combat vessel during a ceremony that was held at its base in Bandar Abbas. The new patrol-combat vessel is named after Iran’s Quds Force commander Qassem.....

4. 9. 2022 No Responses

Bed Bath & Beyond’s CFO fell to his death from New York’s Tribeca skyscraper

The Bed Bath & Beyond Chief Financial Officer Gustavo Arnal, who was found dead on Friday after falling from the 18th floor of a New York City apartment building, recently was named in a lawsuit accusing him of fraud. The incident occurred...

2. 9. 2022 No Responses

Goldman Sachs’ Secrets Spill Out in New Book

Simon & Schuster just released a new book by Jamie Fiore Higgins, a woman who worked her entire Wall Street career at one firm. Over the span of just under 18 years, beginning on September 2, 1998 and ending officially...

1. 9. 2022 No Responses

Russian ‘De-Dollarization’ Escalates

Begins “strategic” plan to buy billions In “friendly” currencies. Ever since March 2018, when Moscow dumped practically all of its US Treasury holdings, Russia has been at the forefront of a global process of ‘de-dollarization&#82...

29. 8. 2022 No Responses

Delisting Risk for Chinese Stocks: Regulators Reach Audit Agreement

The PCAOB said it planned to have inspectors on the ground in China by mid-September, and make a determination in December on whether China was still obstructing access to audit information. In late 2020, the U.S. Holding Foreign Companies Accountable Act be...

25. 8. 2022 No Responses

India Cuts U.S. Crude Imports By 50% As It Buys Discounted Russian Crude

New reports have emerged that during the second quarter, India slashed its crude imports from the United States by one million metric tonnes while sharply ramping up imports of discounted Russian oil. India’s energy mix now looks dramatically different fro...

24. 8. 2022 No Responses

Twitter covered up fake accounts and security flaws, says US whistleblower

American social media giant Twitter has been accused of hiding major security flaws as a whistleblower said the platform has been lying to customers and officials for years about its attempts to fix its leaky security of user data. Twitter misled...

23. 8. 2022 No Responses

Cineworld – The World’s Second-Largest Cinema Chain Confirms It Is Mulling Bankruptcy Filing in US

Cineworld Group PLC confirmed on Monday that it is considering filing for voluntary bankruptcy in the U.S. as well as associated proceedings in other regions. The London-based cinema company–which owns Regal Cinemas–was responding to recent press r...

21. 8. 2022 No Responses

Banks to pay $1 Billion over traders’ use of WhatsApp

A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages. The banks...

19. 8. 2022 No Responses

KIA’s New EV Is Faster Than a Corvette

KIA unveiled the muscular version of its already fairly powerful EV6 electric car on Friday during Monterey Car Week, the largest auto show in the US The EV6 was already available with 320 horsepower in the GT-Line AWD, but the...

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