Category: Business

From Geneve Motor Show: Imagine by KIA
6. 3. 2019 No Responses

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 of chrome paint glass...
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Carneval in Rio de Janeiro: Beija-Flor de Nilópolis
5. 3. 2019 No Responses

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
5. 3. 2019 No Responses

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
4. 3. 2019 No Responses

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
1. 3. 2019 No Responses

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
28. 2. 2019 No Responses

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”
27. 2. 2019 No Responses

‘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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GE to sell BioPharma business to Danaher for $21.4B
25. 2. 2019 No Responses

GE to sell BioPharma business to Danaher for $21.4B

Shares of General Electric Co. (symbol: GE) soar 10% in premarket trade Monday, after the conglomerate agreed to sell its biopharma branch to Danaher Corp. (symbol: DHR) for $21.4 billion. Transaction is payable in cash. “Today’s transaction is a...
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Spark Therapeutics +122% after the acquisition news by Roche
25. 2. 2019 No Responses

Spark Therapeutics +122% after the acquisition news by Roche

Swiss pharmaceutical company Roche Holding AG announced that it has reached a final agreement for acquisition of Spark Therapeutics from Philadelphia. Roche offered $114.50 for each share of Spark Therapeutics, which is 122% more than Friday’s closing pr...
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AutoNation’s CEO: Auto sales are headed for further declines
25. 2. 2019 No Responses

AutoNation’s CEO: Auto sales are headed for further declines

AutoNation’s CEO Mike Jackson says the auto industry is entering a period of gradual decline. However, he added, “Adversity in the business will create new opportunities.” Who is more vocal than the first-line CEO? Mike Jackson is absolutely...
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Warren Buffett wants to make an ‘elephant-sized’ purchase, but says ‘prices are sky-high’
23. 2. 2019 No Responses

Warren Buffett wants to make an ‘elephant-sized’ purchase, but says ‘prices are sky-high’

“In the years ahead, we hope to move much of our excess liquidity into businesses that Berkshire will permanently own. The immediate prospects for that, however, are not good: Prices are sky-high for businesses possessing decent long-term prospects,&#822...
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US Oil Output Hits 12 Million Barrels Per Day
22. 2. 2019 No Responses

US Oil Output Hits 12 Million Barrels Per Day

U.S. crude oil production reach 12 million BPD in mid-February, according to the EIA actual report. EIA’s weekly petroleum report showed crude output jump more than 1.7 million BPD compared to February 2018: From 10.3 million BPD to 12 million BPD....
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US core capital goods orders unexpectedly drop in December
21. 2. 2019 No Responses

US core capital goods orders unexpectedly drop in December

The data pointed to a further slowdown in business spending on machinery and non-defense equipment. The December report was delayed by a 35-day shutdown of the federal government that ended on Jan. 25. The Commerce Department said the “processing and da...
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Onalaska – Small Town in Big Bizjet Business
20. 2. 2019 No Responses

Onalaska – Small Town in Big Bizjet Business

Onalaska, Texas small town with 2,755 inhabitants, has 1,000 registered bizjets, but no airport. WFAA TV station, has revealed this mystery and investigation found planes were registered to two post office boxes in Onalaska. WFAA said Onalaska had more regi...
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Top Managers of 10 Hedge Funds Gained $7.7 Billion
18. 2. 2019 No Responses

Top Managers of 10 Hedge Funds Gained $7.7 Billion

The year 2018 was one of the worst for most of the mutual and hedge funds. Unable to recognize the “Bubble of everything”, most of the funds lost 12 to 25% of their NAV. Despite the unfavorable developments in the...
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