Business – Page 4 – PressClub World

10. 10. 2023 No Responses

Iran to put satellite constellation into orbit in 2 years

Iran’s first satellite system project named after top anti-terror commander Lieutenant General Qassem Soleimani will be put into orbit within the next two years, according to the head of the Iranian Space Agency (ISA). Hossein Salariyeh today that his agency,...

23. 9. 2023 No Responses

GAO: Half of US’ F-35 Fleet Not Capable of Flying at Any Time

Almost half the F-35 Joint Strike Fighters that are supposed to be operational are not capable of flying and it will cost $1.3 trillion to keep them operational, the US Government Accountability Office (GAO) said in a new report. “The...

13. 9. 2023 No Responses

SoftBank’s Arm IPO Valued at $54.5 Billion

Arm Holdings’s Nasdaq debut in short: SoftBank plans to sell only 9% of Arm’s shares, and will pledge out a 75% stake for margin loans once the stock debuts. As such, Arm’s tiny float of just 9% is an extreme...

12. 9. 2023 No Responses

IEA: Global Oil Demand Will Peak Before 2030

Demand for oil, natural gas, and coal is nearing its peak, the head of the International Energy Agency said in an op-ed for the Financial Times, citing IEA research. Noting that demand for oil and gas has been growing despite forecasts of...

11. 9. 2023 No Responses

RTX to take $3 billion charge on Pratt & Whitney engine failures

Pratt & Whitney engine flaw will ground 350 planes per year through 2026. RTX Corp.’s plan to address the latest flaw in its marquee commercial jet engine will ground hundreds of Airbus SE A320neo aircraft over the next three years,...

10. 9. 2023 No Responses

Chinese Steel Glut Intensifies

Chinese imports into the U.S. have fallen by 7.9% from August 2022, leading to concerns about sourcing steel and other metals. Chinese imports into the U.S. have fallen by 7.9% from August 2022, leading to concerns about sourcing steel and...

8. 9. 2023 No Responses

North Korea Launched New Tactical Nuclear Attack Submarine

Pyongyang says it has nuclear-tipped missiles which are capable of being fired underwater. State media descriptions have said it has ten total missile launch tubes, with four bigger than the others. The sub will next undergo sea trials. “We are full of...

26. 8. 2023 No Responses

Pfizer Own Documents Show COVID-19 Vaccines Contain Potentially Harmful ‘Modified’ RNA, Not mRNA

According to Pfizer and BioNTech’s COVID-19 vaccine label in the FDA’s Fact Sheet for Healthcare Providers, each Pfizer vaccine dose for children ages 5 through 11 contains 10 micrograms (mcg) of modRNA, while fully-approved Comirnaty authorized for use in...

19. 8. 2023 No Responses

Lamborghini reveals the Lanzador EV, its first 100% EV

18. 8. 2023 No Responses

Bitcoin Plunged 11% As Investors Pull $1 Billion From Crypto

Desperately slow empty shell Bitcoin with 2.7 TPS performance collapsed below $26,000 Friday afternoon as more and more dumb folks realized that the inventor(s) of Bitcoin never collected billions of dollars worth of revenue, suggesting that the indications of...

13. 8. 2023 No Responses

China becomes world’s No.1 maritime fleet owner

China has overtaken Greece as the world’s largest maritime fleet owner in terms of gross tonnage (GT), global shipping information provider Clarksons Research said on Saturday. Greece held that position for a decade, but China’s position as the wor...

10. 8. 2023 No Responses

OPEC’s oil production fell to 27.31 million BPD

OPEC’s oil production fell to 27.31 million barrels per day in July, an 836,000 bpd decline from a month earlier. The decline was largely a result of Saudi Arabia delivering on its 1 million barrels per day production cut. Libya...

7. 8. 2023 No Responses

PayPal Launches PYUSD – USD-Backed Stablecoin For Payments Purpose

American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7. The new US dollar-backed stablecoin will be issued by Paxos Trust Co. and fully backed by United States dollar deposits, short-term Treasurie...

5. 8. 2023 No Responses

Risk Warning: Increased Risk of Decline in Capital Markets

As has been my standard since September 1998, I publicly warn in advance of the increased risk of a decline in capital markets. And now this situation has come again. What are the current reasons? 1. Stocks in general are...

4. 8. 2023 No Responses

Wells Fargo customers report missing deposits

Deposits disappear from Wells Fargo accounts. For the second time this year, Wells Fargo acknowledged that deposits were not showing up in customers’ accounts. In an emailed statement Friday morning, a Wells Fargo representative said the issue was affect...

« Previous 1 2 3 4 5 6 … 55 Next »