Business – Page 46 – PressClub World

15. 7. 2019 No Responses

Discrepancy in growth between incomes, rents, and house prices

How out-of-whack is the discrepancy in growth between incomes, rents, and house prices? The “San Francisco Housing Crisis,” as it’s called on a daily basis, is an extreme. But housing costs in major urban areas in the US have been...

13. 7. 2019 No Responses

DHL: Significant Downturn in World Trade

A new quarterly report from logistics company DHL, measured global air and sea cargo trade volumes between March and June, found trade data continues to deteriorate in the US and China as there is still no resolution to end the trade war, reported...

11. 7. 2019 No Responses

Norwegian Air CEO steps down

Norwegian Air’s Bjoern Kjos stepped down on Thursday as chief executive of the budget airline he co-founded. Kjos, 72, a former fighter pilot, helped to build a tiny Norwegian airline housed in pre-fabricated barracks on the edge of Oslo airport...

6. 7. 2019 No Responses

Scientists: Bladder cancer destroyed by the common cold virus

A strain of the common cold has successfully targeted and destroyed bladder cancer cells, an exciting study has revealed. The surprising results suggest the simple cold could revolutionize future cancer treatment. Scientists from the University of Surrey and R...

3. 7. 2019 No Responses

Lee Iacocca, ‘father of Ford Mustang’ & savior of Chrysler, dies aged 94

Titan of the US automotive industry Lico ‘Lee’ Iacocca, who once led Ford and later Chrysler, died of natural causes Tuesday aged 94. He is survived by two daughters and eight grandchildren. Iacocca was widely credited with saving Chrysler from...

3. 7. 2019 No Responses

Trump Slaps 400% Tariff On Vietnamese Steel

President Trump accused Vietnam of being “almost the single worst abuser of everybody” and asserted that “Vietnam takes advantage of us even worse than China.” This sudden turn in Trump’s rhetoric contrasted with the praise he off...

2. 7. 2019 No Responses

BIS Chief Reverses Stance On Cryptos

From “Ponzi” To “We’re Working On It” – Cryptos Hater BIS Chief Reverses Stance On Cryptos The head of the Bank of International Settlements (BIS) has appeared to U-turn on issuing digital currencies after a fresh interview ...

1. 7. 2019 No Responses

Walkman Turns 40

The First Sony Walkman Was Released 40 Years Ago Today. On July 1 of 1979, Sony first began to sell the TPS-L2, first known as the Soundabout and soon rebranded as the Walkman. This original Walkman wasn’t the first portable...

29. 6. 2019 No Responses

Libra – Briefly Explained

It’s Facebook’s new cryptocurrency. The point is that you can send money all over the world with lower fees than if you were to engage, say, Western Union. It’s shady as hell, though. You remember Tyler and Cameron Winklevoss? The...

28. 6. 2019 No Responses

Hinduja-Etihad consortium gearing up for Jet Airways bid

Also Tata’s, Qatar Airways in exploratory mode. After failed negotiations earlier with multiple suitors, the SBI-led consortium decided to take Jet Airways to the bankruptcy court on June 17 and on June 20, the National Company Law Tribunal (NCLT) admitt...

27. 6. 2019 No Responses

480 pilots sue Boeing, FAA revealed new glitch in 737 MAX

480 737 MAX pilots sue Boeing over ‘unprecedented cover-up’ that led to crashes & grounding. A class-action lawsuit against Boeing reportedly accuses the US aviation giant of covering up the faulty sensor issue and keeping pilots in the dark about...

26. 6. 2019 No Responses

Verizon Media’s new CEO about new strategy to turn things around

New CEO Guru Gowrappan has a big job to do after inheriting a fragmented business that is losing millions. Guru Gowrappan has flown into Cannes via London, where he watched Australia survive a scare against underdogs Sri Lanka in the...

26. 6. 2019 No Responses

Merrill Lynch Caught Criminally Manipulating Precious Metals Markets

Merrill Lynch Caught Criminally Manipulating Precious Metals Market “Thousands Of Times” Over 6 Years. When it was pure conspiracy theory to accuse one or more banks of aggressively, compulsively and systematically manipulating the precious metal...

25. 6. 2019 No Responses

Carrefour prepares to exit China

Carrefour prepares to exit China, sells 80% stake to Suning. Carrefour has announced that it’s selling 80% of its China operations to Chinese retail giant Suning for 4.8 billion yuan ($700 million). The French supermarket giant retains two of seven seats...

23. 6. 2019 No Responses

S-500 Prometheus was accepted into service

The Russian Anti-Ballistic and Anti-Aircraft system S-500 Prometheus was accepted into evaluation phase service and already protects Russia. The S-500 Prometheus Anti-Ballistic and Anti-Aircraft missile system, according to expert estimates, uses brand new ra...

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