‘Jackscrew’ found at crash site confirms Ethiopian Boeing 737 Max was set to dive

‘Jackscrew’ found at crash site confirms Ethiopian Boeing 737 Max was set to dive

A screw-like device found in the wreckage of the Boeing Co. 737 Max 8 has provided investigators with an early clue into what happened: The so-called jackscrew, used to set the trim that raises and lowers the plane’s nose, indicates...
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US markets: New-home sales fell 6.9% in January

US markets: New-home sales fell 6.9% in January

Sales of new homes in the U.S. tanked 6.9 % in January, a probable sign that buyers paused during the government shutdown. The Commerce Department said that new homes sold at a seasonally adjusted annual rate of 607,000 in January,...
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Large-size panel global output to grow 12% in 2019

Large-size panel global output to grow 12% in 2019

The availability of new LCD and OLED fabs and capacity ramps at existing lines are likely to result in an annual growth about 12% in large-size panels sector in 2019, according to industry sources. A total of four fabs dedicated...
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Verizon will switch on mobile 5G in Chicago and Minneapolis April 11th

Verizon will switch on mobile 5G in Chicago and Minneapolis April 11th

Verizon’s 5G network is en route. After weeks of vague statements, the telecommunication giant has finally announced that its 5G network will launch on April 11th in Chicago and Minneapolis, making it the first publicly available 5G network on the...
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Malaysia, Singapore, Indonesia, China grounded the Boeing 737MAX. The Cannibal Isles and Czech SmartWings continue flying

Malaysia, Singapore, Indonesia, China grounded the Boeing 737MAX. The Cannibal Isles and Czech SmartWings continue flying

In connection with the second tragic accident of the all-new Boeing 737MAX just after the start, more and more airlines and countries are issuing regulations to ground this new Boeing model. Boeing has announced that it will “release a software...
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Boeing in pre-market 10% down, hundreds 737s grounded and 777X ceremony canceled

Boeing in pre-market 10% down, hundreds 737s grounded and 777X ceremony canceled

Boeing shares Fall 10% at pre-market as hundreds of 737s grounded, following 2nd deadly crash of new model B-737MAX. Boeing also cancels 777X launch event after Ethiopian Airlines’ MAX 8 crash. Boeing ADRs traded on Germany’s Tradegate exchange slumpe...
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The EC wants a fine of 1 billion euros for BMW, Daimler and Volkswagen

The EC wants a fine of 1 billion euros for BMW, Daimler and Volkswagen

The European Commission (EC) intends to impose a fine of 1 billion euros on BMW, Daimler (Mercedes-Benz) and Volkswagen for their alleged collusion where the illegal agreement was to reduce the efficiency of the exhaust filter system gases. German Der...
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FDA finds asbestos in make-up at Claire’s

FDA finds asbestos in make-up at Claire’s

The U.S. Food and Drug Administration on Tuesday warned consumers not to use particular cosmetic products sold at Claire’s retail branches after they were found to contain asbestos, a known dangerous carcinogen. Samples of Claire’s eye shadows batc...
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From Geneve Motor Show: Imagine by KIA

From Geneve Motor Show: Imagine by KIA

KIA Reveals ‘Imagine by KIA’ Electric Car Concept at 2019 Geneva Motor Show. KIA describes the concept as a “large C-segment” (compact) EV, with a floor-mounted battery suitable for an inductive charging. Some design details: 6 layers ...
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Carneval in Rio de Janeiro: Beija-Flor de Nilópolis

Carneval in Rio de Janeiro: Beija-Flor de Nilópolis

Beija-Flor parades ‘worth seeing again’ reminding her 70 years of carnival   Selminha Sorriso – Beija-Flor’s flag-bearer President of Beija-Flor, Anísio kisses the hand of  Selminha Sorriso         Raíssa Ol...
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Audi revealed the Q4 E-tron SUV

Audi revealed the Q4 E-tron SUV

The Audi brand in Geneva introduced the most anticipated novelty – the SUV electric car Q4 E-tron. The model will only come into production in 2020 and will be the fifth model of the brand in full electric drive design....
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Remembrance of Concorde: 50 years since the maiden flight

Remembrance of Concorde: 50 years since the maiden flight

Sud Aviation (Aérospatiale)/British Aircraft Corporation (BAC) Concorde was a revolutionary British-French jet aircraft project with cruising speed of Mach 2. Concorde flew the Atlantic within 3 hours. The start of the project dates back to 1956 when the Sup...
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Zimbabwe is out of dollar cash and reserves again

Zimbabwe is out of dollar cash and reserves again

Zimbabwe, once called “Jewel of Africa”, is experiencing another monetary experiment. There is one consequence: Zimbabwe and Zimbabwe money/payment agents are running out of dollar cash and dollar reserves. Zimbabwe has so far imported dollar bills...
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Rocket Soyuz launched first six OneWeb satellites into orbit – internet from the space

Rocket Soyuz launched first six OneWeb satellites into orbit – internet from the space

Russian Soyuz rocket started yesterday from the spaceport in French Guiana. The task was to bring the first 6 OneWeb satellites in orbit. The satellites will provide Internet connectivity from the Space for users on the ground, in airspace and...
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‘Father Of Reaganomics’ Warns: “Get Out Of The Market”

‘Father Of Reaganomics’ Warns: “Get Out Of The Market”

David Stockman, the so-called “Father of Reaganomics,” told Fox Business’s Neil Cavuto that investors ought to get out of the market and retreat to the safety of Treasury bills and hard cash. “We’re in year 10 of the longest business...
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