Category: World

Malaysia, Singapore, Indonesia, China grounded the Boeing 737MAX. The Cannibal Isles and Czech SmartWings continue flying
12. 3. 2019 No Responses

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
11. 3. 2019 No Responses

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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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 ...
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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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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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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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Emirates ordered 40 A330-900, 30 A350-900, Airbus to finish A380 production
14. 2. 2019 No Responses

Emirates ordered 40 A330-900, 30 A350-900, Airbus to finish A380 production

Emirates has today agreed to order 40 twin-engined Airbus A330-900 and 30 twin-engined new-generation Airbus A350-900 aircrafts. The total value of the order according to catalog prices is $21.4 billion. Airlines, however, usually receive large discounts from ...
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