Category: Business

The FED Has Monetized All Treasury Issuance In 2020
15. 6. 2020 No Responses

The FED Has Monetized All Treasury Issuance In 2020

There is no more controversial entity in the US, more inflammatory yet out of the spotlight of public outrage, than the Federal Reserve: it is the FED’s actions over the past 108 years – and especially over the past decade...
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World’s First Passenger Drone Service At Luxury Hotel
13. 6. 2020 No Responses

World’s First Passenger Drone Service At Luxury Hotel

An autonomous aerial vehicle technology company called Ehang has launched the world’s first commercial Urban Air Mobility (UAM) service in China. The EHang 216 drone can carry fly two human passengers, has been exhibited in China and Europe over t...
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El-Erian Warns: Bad Things Happen When Markets Front-Run The Economy
12. 6. 2020 No Responses

El-Erian Warns: Bad Things Happen When Markets Front-Run The Economy

Governments need to ensure durable growth that benefits more than the well-off in society. For most of the last 15 years, the US economy has relied on a mix of public and private finance to liquefy financial markets, boost asset prices...
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Volkswagen Management In Turmoil
10. 6. 2020 No Responses

Volkswagen Management In Turmoil

As if Volkswagen didn’t have enough problems as it attempts to extricate itself from the coronavirus morass, the issue of its unsatisfactory system governance is rearing up again. CEO Herbert Diess lost his other job as head of VW brand...
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Chesapeake Energy preps bankruptcy plan
9. 6. 2020 No Responses

Chesapeake Energy preps bankruptcy plan

In 1994, the Italian scientists discovered a new physical phenomenon – the production of energy in Ni / H reactions. These reactions were neither chemical nor nuclear. His work was followed by about 50 scientific teams, including such names as...
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Euphoria Hits Dot Com Insanity High
8. 6. 2020 No Responses

Euphoria Hits Dot Com Insanity High

Less than three months after markets were gripped by a historic bout of panic, dumping everything – bonds, stocks, gold, bitcoin – in a liquidation frenzy, euphoria on Wall Street is back to levels not seen since the dot com bubble...
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World Trade Refuses To Rebound
6. 6. 2020 No Responses

World Trade Refuses To Rebound

The pandemic and ensuing lockdowns across the world have led to a recession, if not depression, unseen since the 1930s. It has resulted in unprecedented job loss and economic declines in both developed and emerging economies. Central bankers have spent the...
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GE Aviation delivers first KF-X engine
5. 6. 2020 No Responses

GE Aviation delivers first KF-X engine

The US-based powerplant manufacturer announced the milestone on 4 June, noting that the first F414-GE-400K engine was delivered in May. Korea Aerospace Industries (KAI) selected GE Aviation in May 2016 to partner on the KF-X project, with an initial 15...
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Kratos XQ-58A Valkyrie as a potential platform to carry the Skyborg system
3. 6. 2020 No Responses

Kratos XQ-58A Valkyrie as a potential platform to carry the Skyborg system

The U.S. Air Force has issued a broad agency announcement to seek technical proposals for a potential $400M program that aims to advance prototyping and experimentation work on Skyborg unmanned air vehicles. A notice last week says the Skyborg Prototyping,...
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OPEC+ May Extend Its Historic Production Cut Agreement
2. 6. 2020 No Responses

OPEC+ May Extend Its Historic Production Cut Agreement

OPEC+ is set to bring forward its meeting to Thursday, with a short extension of the current production cuts as the most likely outcome. Originally scheduled to take place on June 9, OPEC is now looking at moving it up to...
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IndiGo, GoAir get extended deadline till August 31 to replace Pratt & Whitney engines
1. 6. 2020 No Responses

IndiGo, GoAir get extended deadline till August 31 to replace Pratt & Whitney engines

IndiGo and GoAir’s P&W engine-powered A320neo planes have been facing glitches over the past few months causing large-scale flight disruptions affecting thousands of passengers and raising safety concerns. In the wake of coronavirus-induced lockdown,...
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All-Electric Cessna Aircraft Makes Maiden Flight
30. 5. 2020 No Responses

All-Electric Cessna Aircraft Makes Maiden Flight

The world’s largest all-electric-powered utility aircraft conducted its maiden flight on Thursday, reported Flight Global. The electric-powered Cessna 208B Caravan is a utility aircraft produced by Cessna Aircraft Company, has been traditionally ...
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SUV Sales Exceed 40% Of Global Car Sales
29. 5. 2020 No Responses

SUV Sales Exceed 40% Of Global Car Sales

SUV Sales Exceed 40% Of Global Car Sales For The First Time. Sales of SUVs have been continuously rising not only in America but also around the world, to the point of exceeding 40 percent of all new car sales...
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Boeing Sees No Recovery In Air Travel For Years
27. 5. 2020 No Responses

Boeing Sees No Recovery In Air Travel For Years

Boeing CEO Dave Calhoun has just released an update on this week’s layoffs. He said involuntary layoffs have begun, a total of 6,770 US workers will be cut this week, adding that work reduction programs have already gone into effect for the company&...
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ECB Preparing To Run QE Without Bundesbank
26. 5. 2020 No Responses

ECB Preparing To Run QE Without Bundesbank

The shape of Europe’s massive monetary injection may change dramatically in the coming months. According to Reuters, citing four sources, the ECB has drafted contingency plans to carry out its multi-trillion QE programme without the Bundesbank in case Ge...
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