Category: Business

Tata Motors Q1 results: Consolidated net loss narrows to ₹4,451 cr
26. 7. 2021 No Responses

Tata Motors Q1 results: Consolidated net loss narrows to ₹4,451 cr

Auto major Tata Motors’ consolidated net loss for the quarter ended 30 June, 2021 narrowed to ₹4,450.92 crore as compared to net loss of ₹8,437.99 crore in the year-ago period. The automaker’s total revenue came at ₹66,406.05 crore during the first quarter of...
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EU plans to suffocate the crypto community
24. 7. 2021 No Responses

EU plans to suffocate the crypto community

The EU plans to suffocate the crypto community via a bureaucratic trick. On Tuesday, the European Commission revealed a proposal that would prohibit the use of “anonymous crypto asset wallets” as part of its fight on financial crimes. The proposal....
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NSO Pegasus Spyware Targeted French President Macron
22. 7. 2021 No Responses

NSO Pegasus Spyware Targeted French President Macron

Khazar-Israeli NSO Pegasus Spyware Targeted French President Macron – Extremely Serious Breach Under Investigation The latest victim who was targeted using the phone hacking spyware Pegasus has been revealed to French President Emmanual Macron – pa...
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ETF Money Inflows Set To Smash Record In 2021
17. 7. 2021 No Responses

ETF Money Inflows Set To Smash Record In 2021

2021 is set to smash records, with $488.5 billion and counting moving into ETFs in just 7 months so far this year, far surpassing the previous full year record of $497 billion from 2020, according to Bloomberg. The move comes at...
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Heathrow Airport Passenger Numbers Remain Almost 90% Down From Pre-Pandemic Levels
15. 7. 2021 No Responses

Heathrow Airport Passenger Numbers Remain Almost 90% Down From Pre-Pandemic Levels

Heathrow airport passenger numbers remain almost 90 percent down on pre-pandemic levels and significantly lower than EU rival airports, new figures show. Airport bosses revealed just 957,000 passengers passed through its terminals in June compared with 7,246,1...
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Gundlach Warns Dollar Is “Doomed”
14. 7. 2021 No Responses

Gundlach Warns Dollar Is “Doomed”

It has been a while since DoubleLine Founder Jeffrey Gundlach sat for a lengthy interview with CNBC’s Scott Wapner, aka “the Judge”, during the network’s “Halftime Report”. Gundlach has at times clashed with various CNBC pe...
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China temporarily bans using retired EV batteries in energy storage systems
3. 7. 2021 No Responses

China temporarily bans using retired EV batteries in energy storage systems

As Taiwanese tech media reported, China’s National Energy Administration has announced regulations to prevent using retired EV battery packs in newly established energy storage systems until there are technological breakthroughs in managing consistency o...
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The FED: They Cannot End Quantitative Easing
1. 7. 2021 No Responses

The FED: They Cannot End Quantitative Easing

When the economy was shut down in March 2020, the government responded with massive fiscal and monetary support. The fiscal stimulus totaled $4T+ in relief packages. All of this spending was paid for with debt issued by the Treasury. The...
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OPEC and allies to decide on crude production policy
30. 6. 2021 No Responses

OPEC and allies to decide on crude production policy

A group of some of the world’s most powerful oil producers will meet on Thursday to decide the next phase of their production policy. OPEC and non-OPEC partners, an energy alliance often referred to as OPEC+, will convene via videoconference...
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Petitions To Keep Bezos From Returning To Earth Next Month Signed By Over 56,000 People
21. 6. 2021 No Responses

Petitions To Keep Bezos From Returning To Earth Next Month Signed By Over 56,000 People

Over 56,000 people have signed petitions calling to prevent Jeff Bezos from returning to earth next month, when the billionaire founder of Amazon.com is set to ride his phallic ‘New Shepard’ rocket into space along with his brother, Mark and...
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Stagflation Signals Soaring
4. 6. 2021 No Responses

Stagflation Signals Soaring

Stagflation signals soaring as factory orders tumbled in April. For the first time since April 2020, US Manufacturers new orders fell in April. The 0.6% MoM drop was triple the expected 0.2% MoM drop.    
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These 3 Giant Financial Entities Control 88% Of S&P 500-Listed Companies
3. 6. 2021 No Responses

These 3 Giant Financial Entities Control 88% Of S&P 500-Listed Companies

There is no question that large corporations absolutely dominate our society today.  They control what we eat, they control what we watch on television, they own most of the stores that we shop at, they provide the energy that our...
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Supreme Court won’t hear J&J’s appeal of $2 billion baby powder verdict
2. 6. 2021 No Responses

Supreme Court won’t hear J&J’s appeal of $2 billion baby powder verdict

The Supreme Court declined Tuesday to take up Johnson & Johnson’s appeal of a multibillion-dollar verdict in favor of women who said they developed ovarian cancer from using the company’s talcum powder products. The company argued that it did...
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Russia Has Oil Reserves At Least Until 2080
27. 5. 2021 No Responses

Russia Has Oil Reserves At Least Until 2080

Russia’s oil reserves will last until 2080 at the current pace of annual production, Natural Resources Minister Alexander Kozlov told Russian outlet RBC in an interview this week. Russia also has natural gas reserves for another 103 years of annual product...
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US Home Prices Explode At Fastest Pace Since 2013
24. 5. 2021 No Responses

US Home Prices Explode At Fastest Pace Since 2013

“In real terms, home prices have never been so high. My data goes back over 100 years, so this is something,” Nobel prize-winning economist Robert Shiller told CNBC’s “Trading Nation” earlier this week and according to Case-Sh...
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