Business – Page 22 – PressClub World

16. 11. 2021 No Responses

UK: National security probe of nVidia’s $54 Billion ARM deal

The British government has launched an in-depth investigation into nVidia’s takeover of the UK-based technology company ARM on national security grounds, throwing another hurdle in the path of the $54 Billion deal. Digital and Culture Secretary Nadine Dorries has ordered...

15. 11. 2021 No Responses

2022 Mazda CX-50 debuts

Mazda just unveiled the newest member of its growing family of SUVs. Meet the new 2022 Mazda CX-50, with a focus on off-road performance. The CX-50 is visually and, presumably, physically taller than the CX-5 — Mazda hasn’t released detailed spec...

13. 11. 2021 No Responses

The Taper Begins

After announcing it would do it two weeks ago, day ago the NY Fed published its first post-taper POMO schedule, which sees a drop from $80 billion in TSY purchases, a number which had been flat ever since the spring...

11. 11. 2021 No Responses

China’s Third Aircraft Carrier Nears Launch

China could be months away from launching its newest aircraft carrier, according to a new analysis by a Washington-based think tank. The Center for Strategic and International Studies (CSIS) published commercial satellite imagery of China’s third aircr...

22. 10. 2021 No Responses

Lira Crashes To All Time Low

Turkey’s Central Bank cut its one-week repo rate by 200bps, from 18% to 16%, double what consensus expected (15 of 26 economists in Bloomberg’s survey expected 17.00%, with the rest expecting a 50bps cut), arguing inflation is “transitory” if adding t...

28. 9. 2021 No Responses

Phoenix Home Prices Up Over 32% YoY

Supporting the vicious cycle of soaring home prices pushing homebuyer confidence to record lows, July Case-Shiller Housing data (the latest available) showed yet another record pace of increase in home prices. The broad HPI rose 19.70% YoY (a record) a...

27. 8. 2021 No Responses

Global Central Banks Have Bought $834mn of Financial Assets Every 60 Minutes

While most sellside analysts and strategists are throwing in the towel as the market continues its relentless meltup (one which according to Goldman is becoming increasingly “painful” for the bank’s institutional clients most of whom have ...

26. 8. 2021 No Responses

US West Coast Port Congestion At Record High

US West Coast Port Congestion At Record High Amid Transpacific Trade Route Disruptions Peak shipping season is underway, and container ships anchored off California are on the verge of record congestion. New data from Marine Exchange of Southern California &a...

18. 8. 2021 No Responses

Il-112V prototype military transport aircraft crashes

A prototype military turboprop transport aircraft Il-112V made by Russia’s Ilyushin has crashed during a test flight, killing three people who were on board. A video of the incident shows the plane’s right engine flaming out before the aircraft tilts...

9. 8. 2021 No Responses

Biden Administration Targets 50% Of Entire Auto Fleet To Be Electric By 2030

In continuing one of the largest government subsidized shifts to the auto industry ever forced upon manufacturers and customers, the Biden administration is now reportedly targeting 2030 to have 50% of the auto fleet on the road electric. On Thursday...

7. 8. 2021 No Responses

Infrastructure Bill Mandates Drunk-Driver Detectors For New Cars

The $1 trillion infrastructure bill – a bipartisan 2,702-page bill that has been locked in negotiations for months between Democrats and Republicans will mandate all new vehicles must have the technology to detect drunk drivers and alert systems to ch...

31. 7. 2021 No Responses

Infrastructure Bill Could Sink American Crypto Industry

For years, the threat of major regulation has been raised like a hammer, ready to smash the crypto industry. Now, the hammer is ready to drop in the unlikely form of a major infrastructure bill in the U.S. Senate. “This is not...

30. 7. 2021 No Responses

Exxon Mobil Beating Q2 Earnings

Earlier this week analysts predicted Exxon will likely beat expectations largely thanks to surging plastic prices and that precisely what happened. As the company reported moments ago, while prices and margins for crude, nat gas and downstream were all in the...

28. 7. 2021 No Responses

Facebook: Disappointing DAUs, Warning Revenue Growth Will “Decelerate Significantly”

After yesterday’s tech bonanza which saw Google surge, Apple fall and Microsoft swing when the 3 gigacaps reported more than $57 billion in net income, we now get the 4th FAAMG – Facebook – before Amazon closes the books on...

27. 7. 2021 No Responses

Ed Snowden Exposes The ‘Insecurity’ Industry

Greatest Danger To National Security – Ed Snowden Exposes The ‘Insecurity’ Industry Edward Snowden: The greatest danger to national security has become the companies that claim to protect it… 1. The first thing I do when I get a new...

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