Editors’ Picks – Page 9 – PressClub World

13. 4. 2023 No Responses

Delta loses $363 million

Delta Air Lines reported a $363 million loss for the first quarter on Thursday, with higher spending on labor and fuel overshadowing a sharp rise in revenue. But the airline predicted it will make a bigger-than-expected profit in the current...

12. 4. 2023 No Responses

Rumor: TSMC plans JV fab in Germany

TSMC reportedly has decided to build a fab in Germany jointly with local partners in a collaboration model similar to that for its ongoing fab project in Japan, according to industry sources. After announcing the construction of factories in the...

11. 4. 2023 No Responses

Apple now gets roughly 7% of its iPhones from India

Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a move beyond China. The US company now makes almost 7% of its iPhones in India...

10. 4. 2023 No Responses

PC Shipments Plunge 40% In Q1

New data via International Data Corporation’s (IDC) Worldwide Quarterly Personal Computing Device Tracker shows first quarter shipments were around 56.9 million, or about a 29% decline compared to the same quarter in 2022. IDC blamed continued “we...

9. 4. 2023 No Responses

Macron Says Europe Should Reduce Dependence On US Dollar

After spending around six hours with Chinese President Xi Jinping as part of a three-day state visit to China, Macron made extremely clear that France wants nothing to do with WWIII, emphasizing that Europe must employ “strategic autonomy,” presum...

8. 4. 2023 No Responses

Peace for Houthis, after 370,000 dead

A Saudi delegation has reportedly met with a number of high-ranking officials from the Yemeni Ansarullah resistance movement in Sana’a as part of preparations for talks to reach a final ceasefire agreement to end the eight-year Saudi war. Yemeni media...

7. 4. 2023 No Responses

Mexico To Buy 13 Power Plants From Spanish Energy Major

Mexico is set to buy 13 power plants currently operated by Spain’s utility major Iberdrola in a deal worth some $6 billion. The purchase, Reuters reports, is part of the Lopez Obrador government’s ambition to return control over Mexico’s electricity...

6. 4. 2023 No Responses

Major global powers ditching the U.S. dollar

The global trend of substituting the US dollar with local currencies in the trade of goods and transactions has been on the rise, with countries hoping to reduce their dependence on Washington and prevent it from further exploiting its power...

3. 4. 2023 No Responses

This day marked the 50th anniversary of a momentous phone call

On April 3, 1973, Motorola engineer Martin Cooper was standing in a street of New York when he made the first ever call on a true mobile phone, calling his chief rival at Bell Labs, Joel Engel, presumably to gloat....

2. 4. 2023 No Responses

‘Dr. Doom’: Most US banks are “technically near insolvency,” with hundreds already “fully insolvent.”

Renowned economist Nouriel Roubini, who predicted the global financial crisis of 2008 caused by fraudulent MBS, has issued a grim assessment of US banking sector’s status. In an opinion piece for Project Syndicate, Roubini, nicknamed ‘Dr. Doom’ by Wa...

1. 4. 2023 No Responses

Ukraine claims it has assembled manpower for new offensive

Interior Minister Igor Klimenko: Eight new brigades have been assembled. Kiev has completed the recruitment of its so-called “Attack Guard,” which has been assembled with the aim of retaking territories lost to Russia during the ongoing conflict, Ukraini...

31. 3. 2023 No Responses

India to drop US dollar in cross-border trade

India has opted to offer its Indian Rupee (INR) as a trade currency alternative to the US dollar after it unveiled its latest “dynamic and responsive” foreign trade policy in a bid for de-dollarization. According to the Indian Commerce Secretary...

30. 3. 2023 No Responses

Bolsonaro Returns To Brazil From Florida, Faces Down Multiple Criminal Investigations

Criminal Zionist regime lover and former Brazilian President Jair Bolsonaro has returned to Brazil on Thursday for the first time since far-left rival Luiz Inácio Lula da Silva returned to the presidency, and at a moment no less than five Supreme Court inv...

29. 3. 2023 No Responses

SEC Chair Gary Gensler To Face Congress Grilling Over Crypto Policy

The United States Securities and Exchange Commission (SEC) chief Gary Gensler is set to testify before the House Financial Services Committee for the first time. In an interview, Representative Patrick McHenry, chairman of the Financial Services Committee, co...