Business – Page 26 – PressClub World

29. 1. 2021 No Responses

Trans-Pacific Trade At Max-Capacity Ceiling

Container volumes in the Asia-U.S. trans-Pacific trade have hit their limit. Massive port congestion in the ports of Los Angeles and Long Beach is forcing ocean carriers to take extreme measures. Sailings are now being “blanked” (canceled) not because of...

26. 1. 2021 No Responses

Rolls-Royce warns on £2bn cash outflow

Rolls-Royce has slashed its forecast of flying hours and expects to burn through £2bn in cash this year, as uncertainty about the new coronavirus variants and increased travel restrictions put the brakes on a recovery in air travel. The engine-maker...

25. 1. 2021 No Responses

Even Goldman Sachs warns of a dangerous bubble

Goldman Sachs warns of a dangerous bubble, particularly in these 39 stocks: Goldman Sachs isn’t yet ready to state the euphoric stock market is one big bubble nearing an epic pop all over the faces of Wall Street bulls, but...

22. 1. 2021 No Responses

The FED’s binary choice

The FED has a binary choice: preserve America’s global hegemony or further enrich the billionaires. And the Khazarian Criminal Organisation can’t get both. Khazarian Criminal Organisation will fail as a result of three dynamics: diminishing retur...

18. 1. 2021 No Responses

Biden to cancel $9bn Keystone XL pipeline’s permit

Joe Biden is planning to cancel the permit for the $9bn Keystone XL pipeline project as one of his first acts as president, perhaps as soon as his first day in office, according to a source familiar with his thinking. Donald Trump...

13. 1. 2021 No Responses

PC market posts 25% year-on-year growth in Q4 2020

According to the latest IDC analysis, the global PC market grew for a third quarter in a row recording an impressive 13% growth compared to Q3 2020 thanks to the increased demand during the holiday season. But even compared to...

12. 1. 2021 No Responses

US Navy’s new Constellation-class frigate

The U.S. Navy’s next-generation frigate, the Constellation class, is a do-or-die effort for the service and a critical test of its return to building ships around existing technologies rather than designing them around technologies in development. In a roun...

3. 1. 2021 No Responses

Russia will soon test Sarmat ICBM

Russian strategic forces will soon test Sarmat ICBM capable of beating any defenses. Russia is planning to conduct “in the near future” flight tests of its new intercontinental ballistic missile, which it says is capable of beating any defense systems....

2. 1. 2021 No Responses

Exxon Set For Another Loss After $20 Billion Write-Down

ExxonMobil is on track to book another quarterly loss this year – its fourth consecutive loss in 2020 – announcing that it expects to book a massive up to $20 billion write-down for Q4, the U.S. oil and gas supermajor...

31. 12. 2020 No Responses

Bitcoin Tops $29k, Surpasses Berkshire Hathaway’s Market Cap

Empty shell crypto Bitcoin surged above $29,000 overnight and, despite a quick dump (that we’ve seen at each big figure break), has stabilized there as mainstream interest and trading activity soars. And at $539 billion, the largest cryptocurrency surp...

29. 12. 2020 No Responses

First Boeing 737 Max airliner takes to the skies

Yes, almost 2 years after jet’s worldwide grounding, The first commercial flight on Boeing’s controversial 737 Max jet left Miami aitport for New York’s LaGuardia Airport today morning, almost two years after the aircraft was grounded world...

28. 12. 2020 No Responses

Global Investment Banks Rake In $125 Billion In Underwriting Fees

The global capital markets business, such as equity and debt sales, has erupted during the pandemic, comes at a time when central banks have never been so dovish as asset valuations are considered “stretched.” Since March, global monetary authoriti...

27. 12. 2020 No Responses

Daimler said to be considering a 2021 stock listing of truck division

aimler AG is planning an initial public offering (IPO) of Daimler Trucks in late 2021, the German newspaper Handelsblatt reported Tuesday. Stuttgart-based Daimler AG is the parent company of Daimler Trucks and Mercedes-Benz autos. The newspaper said Daimler wa...

26. 12. 2020 No Responses

Galloping Inflation Trend – U.S. Money Supply M1

Galloping–inflation of the U.S. dollar is now becoming obvious to a growing cohort of investors. It is driven by factors on both sides of bank balance sheets, with evidence that large depositors are reducing their term deposits and increasing their...

22. 12. 2020 No Responses

Lockheed Martin acquires rocket engine maker Aerojet Rocketdyne for $4.4 Billion

Lockheed Martin, the U.S.’s largest defence contractor, will acquire Aerojet Rocketdyne, a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic technology. The move co...

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