Business – Page 17 – PressClub World

11. 6. 2022 No Responses

Boeing & Airbus Make Up 91% Of Global Commercial Aircraft Fleets

U.S. based airlines were far and away the largest aircraft carriers, with American Airlines being the world’s largest airline by fleet size since 2019. Interestingly, Delta Airlines was the largest by revenue in 2020, despite a smaller fleet size. Asia’s largest airline has...

9. 6. 2022 No Responses

BIS Calls For Centralization Of Crypto

While citing multiple problems with the decentralization model for cryptocurrencies (some of them valid and some of them not), the Bank for International Settlements has concluded in a report released this week that crypto ‘can’t fulfill the role o...

5. 6. 2022 No Responses

China Navy: Third Modern Aircraft Carrier to Be Launched Soon

China will soon have another aircraft carrier. Chinese shipbuilders are currently manufacturing the aircraft carrier at the Hudong-Zhonghua Shipyard in Shanghai. It is also noteworthy that this event is steeped in symbolism because the CPC was founded in 1921 ...

1. 6. 2022 No Responses

Saudi Arabia reportedly pressured to pump more oil

Saudi Arabia may agree to boost oil production to cool skyrocketing prices if Russia’s output falls significantly under the new EU sanctions, the Financial Times reported on Thursday. The Kingdom, the world’s largest oil producer, has repeatedly rejected d...

30. 5. 2022 No Responses

Mastercard CEO: SWIFT Payment System May Be Replaced By CBDCs In 5 Years

There has been a long list of revelations coming out of the recent World Economic Forum meeting in Davos, but one issue that might have gone under the media radar involves comments by Mastercard CEO Michael Miebach during a discussion...

29. 5. 2022 No Responses

Czech Republic will join the gold rush

The newly appointed governor of the Czech National Bank (CNB), Aleš Michl, said that he plans to massively increase the central bank’s gold reserves from the current 11 tonnes to over 100 tonnes or more. It was almost inevitable that...

28. 5. 2022 No Responses

Russia Actively Discussing Allowing Crypto For International Payments

In late March, the chairman of Russia’s Congressional energy committee, Pavel Zavalny, said in a press conference that Russia was open to accepting bitcoin for its natural resources exports. “When it comes to our ‘friendly’ countries, like China or...

21. 5. 2022 No Responses

The intensity of US strategic bomber flights in Europe has increased some 15 times

The US and NATO have gradually ramped up their activities along Russia’s western borders over the past few years and tensions continue to grow, Russian Defense Minister Sergey Shoigu has said. The minister made the remarks during a meeting of...

20. 5. 2022 No Responses

Tether Hikes US TSY Reserves

So-called ‘stablecoins’ have been making the mainstream media headlines for all the wrong reasons lately, but this morning there is some potentially good news for what some consider the liquidity backstop for the entire crypto ecosystem. Stablecoin...

18. 5. 2022 No Responses

Cisco Crashes 20% On Catastrophic Guidance

Cisco which has served as the backbone of the internet for the past 30 years and is the biggest maker of computer-networking equipment, reported earnings which wiped out about 20%, or $40 billion, from its market cap in seconds. What...

17. 5. 2022 No Responses

US Set To Block Russian Debt Payments

The US is now set to block Moscow’s ability to pay its sovereign debt – though ironically which Russia appears ready and willing to pay, if it weren’t for the far reaching US-led sanctions imposed on its central financial institutions...

16. 5. 2022 No Responses

American Investors Have Lost $20 Trillion Since The Start Of 2022

Since the start of the year, the S&P 500 Index is down 18%, the Nasdaq 100 has lost 27% and a Bloomberg index of cryptocurrencies has plunged 48%. That all amounts to “a wealth shock that is set to drag...

15. 5. 2022 No Responses

Coinbase bankruptcy rules updated

After posting a huge earnings miss, here is the latest version of the Coinbase Terms of Service, the addition of text that included the following: “Custodially held crypto assets may be considered to be the property of a bankruptcy estate,...

14. 5. 2022 No Responses

SoftBank’s Vision Funds Report $27 Billion Loss

SoftBank’s two Vision Funds have posted historic investment losses of ¥3.5 trillion ($27.5 billion) over the 12 months to March 31 as the funds’ biggest holdings were pummeled by rising interest rates and Beijing’s crackdown on the tech sector. ...

13. 5. 2022 No Responses

81,000 millionaires left Hong Kong in 2021

In mid-March, Bartra interviewed nearly 500 Hong Kong residents aged 18 and above through an online questionnaire. According to the poll, 79 percent of the respondents indicated that they are considering emigration or will consider this in the future; 48...

« Previous 1 … 15 16 17 18 19 … 55 Next »