Category: Business

Top 50 Largest Banks
23. 3. 2024 No Responses

Top 50 Largest Banks

In this graphic, Visual Capitalist list the top 50 banks in the world by consolidated assets, based on a 2023 report from S&P Global Market Intelligence. The data represents each bank’s total assets for the most recent period available. According...
read more
Intel: $36 Billion Hillsboro Investment
22. 3. 2024 No Responses

Intel: $36 Billion Hillsboro Investment

Intel announces $36 Billion Hillsboro investment following $8.5 Billion federal funding commitments. Oregon is one of the four states getting a share of $100 billion in planned spending by the tech giant. Intel is rolling out $100 billion in spending...
read more
MQ-9B SeaGuardian Drone Tested in ASW Role
21. 3. 2024 No Responses

MQ-9B SeaGuardian Drone Tested in ASW Role

On Feb. 27, 2024, General Atomics Aeronautical Systems, Inc. (GA-ASI), in cooperation with the Naval Air Systems Command (NAVAIR), conducted a series of tests on GA-ASI’s Sonobuoy Dispensing System (SDS) using the MQ-9B SeaGuardian® Unmanned Aircraft System...
read more
US Aims To Restock Strategic Oil Reserves By Year-End
20. 3. 2024 No Responses

US Aims To Restock Strategic Oil Reserves By Year-End

The Biden admin aims to have crude in the SPR back up to the levels before the massive sales of 180 million barrels in the past two years, U.S. Energy Secretary Jennifer Granholm said at the CERAWeek energy conference in Houston. The...
read more
NTSB: Boeing “unable to find the records documenting” repair work on 737 Max 9
17. 3. 2024 No Responses

NTSB: Boeing “unable to find the records documenting” repair work on 737 Max 9

A government investigation into a Boeing 737 Max 9 plane’s door-plug blowout has been hampered by a lack of repair records and security camera footage, the National Transportation Safety Board’s chair told US senators. Boeing was “unable to f...
read more
India approves full development of 5th gen fighter
14. 3. 2024 No Responses

India approves full development of 5th gen fighter

India’s Cabinet Committee on Security has given a green light to continue development of the Advanced Medium Combat Aircraft, India’s indigenous fifth-generation fighter jet. The state-run Aeronautical Development Agency and Hindustan Aeronautics Ltd. are ...
read more
IRGC Navy Takes Delivery of Two New Stealth Warships
19. 2. 2024 No Responses

IRGC Navy Takes Delivery of Two New Stealth Warships

  The Islamic Revolutionary Guard Corps’ Navy has taken delivery of two new Soleimani-class corvettes, with the vessels, the Sayyad Shirazi and the Hassan Bagheri, inaugurated at a ceremony in the southern port city of Bandar Abbas on Monday. The uniqu...
read more
Buffett’s Berkshire Increases Stake in Chevron and Occidental
15. 2. 2024 No Responses

Buffett’s Berkshire Increases Stake in Chevron and Occidental

Warren Buffett’s Berkshire Hathaway portfolio in Q4 2023, as of Dec 31, 2023 was valued as $347.4 billion. Among the notable changes, Berkshire sold out of its entire stake in homebuilder DR Horton (valued at $641MM in Q3), Markel ($234MM), StoneCo...
read more
China’s BYD poised to overtake Tesla as world’s largest maker of pure-electric vehicles
2. 1. 2024 No Responses

China’s BYD poised to overtake Tesla as world’s largest maker of pure-electric vehicles

The Chinese carmaker’s global fourth-quarter deliveries rose 22 per cent from the previous quarter, when they nearly matched Tesla’s total. BYD, already the world’s largest producer of electric vehicles (EVs) – a category that includes plug-in hybrid...
read more
Iraq and China started building 15 new cities in Iraq
29. 12. 2023 No Responses

Iraq and China started building 15 new cities in Iraq

read more
Risk Warning: Low Probability of Attractive Return vs. High Probability of Decline in Capital Markets
28. 12. 2023 No Responses

Risk Warning: Low Probability of Attractive Return vs. High Probability of Decline in Capital Markets

As has been my standard since September 1998, I again publicly warn in advance of the increased risk of a decline in capital markets. And now such a situation has come again. What are the current reasons? Goldman Sachs recently...
read more
Financial Times: Banks Terminate 61,905 Workers
27. 12. 2023 No Responses

Financial Times: Banks Terminate 61,905 Workers

A new report from the Financial Times shows twenty of the world’s largest banks slashed 61,905 jobs in 2023, a move to protect profit margins in a period of high interest rates amid a slump in dealmaking and equity and...
read more
Iran, Eurasian Economic Union sign free trade agreement
25. 12. 2023 No Responses

Iran, Eurasian Economic Union sign free trade agreement

Iran and the Eurasian Economic Union (EAEU) have signed a major agreement to start free trade some six years after Tehran joined the bloc in a bid to diversify its trade partners amid sanctions imposed by the West. The office of...
read more
Top 5 Oil Producing Countries
22. 12. 2023 No Responses

Top 5 Oil Producing Countries

No 1 The United States The U.S. is now producing more than 13 million barrels per day (bpd) of crude oil—more than any country ever—and is headed to a continued increase in the short and medium term. U.S. crude oil...
read more
A Million Toyota, Lexus Cars Recalled over Airbag Sensor
21. 12. 2023 No Responses

A Million Toyota, Lexus Cars Recalled over Airbag Sensor

Toyota has announced the recall of about a million Toyota and Lexus vehicles from 2020 through 2022 model years. The problem is an incorrectly manufactured sensor in the front passenger seat that could short-circuit, potentially causing the airbag to fail in....
read more
1 2 3 4 … 56