Author: Miroslav Novotný

IDEA address: TFB3TkNe2yBq8HkQJBLZceG65kd6JP6J4v
IPO valued Lyft at $ 24.3 billion
29. 3. 2019 No Responses

IPO valued Lyft at $ 24.3 billion

The initial public offering (IPO) valued Lyft at $24.3 billion. The pseudo-taxi operator’s shares will start trading on the stock exchange today, and the price of one stock was set at $72 for a large interest at a higher level...
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Jim Rickards Warns “Bernanke Painted The FED Into a Corner & It Can’t Get Out”
25. 3. 2019 No Responses

Jim Rickards Warns “Bernanke Painted The FED Into a Corner & It Can’t Get Out”

Four time bestseller writer Jim Rickards says the FED “throwing in the towel” on rate hikes is signaling a big problem for the economy. Rickards says, “The FED was tightening to get ready for the next recession…” “You need to cut...
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From 2021, US citizens will need a visa to visit the EU and the EU has a good reason
10. 3. 2019 No Responses

From 2021, US citizens will need a visa to visit the EU and the EU has a good reason

The EU announced on Friday that US citizens would need a new type of visa – the European Travel Information and Authorization System (ETIAS) to visit European countries that are participants in the so-called Schengen Agreement. The so-called “Schen...
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FDA finds asbestos in make-up at Claire’s
7. 3. 2019 No Responses

FDA finds asbestos in make-up at Claire’s

The U.S. Food and Drug Administration on Tuesday warned consumers not to use particular cosmetic products sold at Claire’s retail branches after they were found to contain asbestos, a known dangerous carcinogen. Samples of Claire’s eye shadows batc...
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Nissan earnings up, outlook dim
12. 2. 2019 No Responses

Nissan earnings up, outlook dim

Japanese carmaker Nissan Motor raised quarterly operating profit by a quarter to 103.3 billion yen (about $ 890 million). Profit, however, did not meet the expectations of analysts and the carmaker reduced the year-round view. Nissan also announced that it...
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TSMC at full steam ahead to 7nm volume production in March
12. 2. 2019 No Responses

TSMC at full steam ahead to 7nm volume production in March

Taiwan Semiconductor Manufacturing Company (TSMC) expects to start production at an industrial level of 7nm at the end of March, ASML, which supplies EUV (extreme UV) lithography equipment, wants to supply 30 EUV systems in 2019. Of the sets to...
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Free-Falling Freight Rates Spell Trouble For Shipping
10. 2. 2019 No Responses

Free-Falling Freight Rates Spell Trouble For Shipping

In the alternative media false articles were made about “Dry Baltic Index” as “container ship rent rate” etc. These are the creations of half-educated new generation journalists. The Baltic Dry Index is not about container ships, it is ...
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Tata Steel Q3 profit surges 53% YoY and Tata Motors shares plunge most in 26 years after record loss
9. 2. 2019 No Responses

Tata Steel Q3 profit surges 53% YoY and Tata Motors shares plunge most in 26 years after record loss

Tata Steel Q3 profit surges 53% YoY to Rs 1,751 crore, India business revenue up 10%. The revenue has risen 23% to Rs 41,219 crore vs. Rs 33,446.6 crore last year. EBITDA (earnings before interest, taxes, depreciation and amortization) rose 18% to...
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The results of the Finnish experiment with unconditional basic income
9. 2. 2019 No Responses

The results of the Finnish experiment with unconditional basic income

In Finland, at the beginning of 2017, they decided to carry out a long-term experiment with unconditional basic income. Approximately 2000 people received 560 euros each month, no-strings-attached and tax-free. An experiment with unconditional basic income wou...
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More than half of US coal mines have closed since 2008
8. 2. 2019 No Responses

More than half of US coal mines have closed since 2008

Declining coal demand in the US and rising demand for fracked natural gas and renewables have hit coal production and the number of active coal mines in the United States has dropped by more than half since peak coal production...
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German government and EU on collision course
7. 2. 2019 No Responses

German government and EU on collision course

Berlin fury over bid to crush big industry. Germany is on a collision course with the European Union as eurocrats reject a landmark merger between Franco-German rail firms Alstom and Siemens. Peter Altmaier, Berlin’s economy minister, has hit back at Brusse...
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Energy bills to rise by £117 for 15m households as price cap lifted
7. 2. 2019 No Responses

Energy bills to rise by £117 for 15m households as price cap lifted

Around 15m households will see their energy bills increase by £117 a year from April after the regulator Ofgem said it was lifting two price caps because of rising wholesale costs. Big energy suppliers are expected to increase their prices...
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Siemens-Alstom Merger Killed By EU Competition Officials
6. 2. 2019 No Responses

Siemens-Alstom Merger Killed By EU Competition Officials

A merger that was supposed to create a “European champion” with the strength to counter the growing economic clout of China has been killed by the European Union’s top competition official, Margrethe Vestager. On Wednesday, Brussels blocked...
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Toyota warn on profits as car challenges mount
6. 2. 2019 No Responses

Toyota warn on profits as car challenges mount

Toyota, whose net profit last month fell 81%, cut its annual profit expectations for the 12 months to March by 19% to ¥1.87 Trillion. Toyota’s operating profit flatlined in the latest quarter as cost increases and lackluster sales offset a...
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Outrage as Once-Free Drug Now Costs $375,000
5. 2. 2019 No Responses

Outrage as Once-Free Drug Now Costs $375,000

Sen. Bernie Sanders (I-Vt.) is demanding to know why a pharmaceutical company has slapped a $375,000 list price on a drug that patients used to get for free. Sanders accused Patrick McEnany, president and CEO of Catalyst Pharmaceuticals Inc., of...
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