Editors’ Picks – Page 76

15. 2. 2019 No Responses

French schools to change ‘mother & father’ to ‘parent 1 and 2’ under new law

French schools are set to mandatory replace the words ‘mother’ and ‘father’ with ‘Parent 1’ and ‘Parent 2’ following an amendment to a law which passed through French Parliament this week. The new naming convention is ostensibly aimed at ending...

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 ...

13. 2. 2019 No Responses

France Mulls EdF De-Listing

The French government is considering buying out minority shareholders of EdF (Electricite de France SA), amid nuclear challenge. It’s the first step in a corporate restructuring to address the challenge of replacing the country’s nuclear-powerplants. T...

13. 2. 2019 No Responses

Spain Plans to Close All Nuclear Plants by 2035

Spanish government to close all seven of its nuclear plants between 2025 and 2035 as part of plans to generate all the country’s electricity from renewable sources by 2050. Energy Minister Teresa Ribera just announced the move, as the Socialist...

12. 2. 2019 No Responses

Today Is The 20 Year Anniversary Of The Bank Of Japan Cutting Rates To 0%

It is a bit of a memorable anniversary for financial markets – it’s the 20-year anniversary of the Bank of Japan cutting rates to 0% and the start of two decades of extreme monetary policy which Japan has not been able...

12. 2. 2019 No Responses

Nissan earnings up, outlook dim

Japanese carmaker Nissan Motor raised quarterly operating profit by a quarter to 103.3 billion yen (about $ 890 million). Profit, however, did not meet the expectations of analysts and the carmaker reduced the year-round view. Nissan also announced that it...

12. 2. 2019 No Responses

TUI has widened quarterly losses

TUI Group – largest travel company in the world, associating 1,600 travel agencies, reported a sharp deterioration in economic results. Its loss increased to 83.6 million euros ($ 94.34 million) in the last quarter of the year (the first fiscal...

11. 2. 2019 No Responses

Should California bail out Pacific Gas & Electric?

It’s a big dilemma because PG&E is seen as TBTF (too big to fail). It provides natural gas and electricity for 16 million people — 40% of the California state. But the utility’s poorly maintained equipment has caused numerous devastating...

11. 2. 2019 No Responses

Driverless delivery startup Nuro raises almost $1 billion from SoftBank

Nuro is already testing fully driverless grocery deliveries in the Phoenix area on public roads. The autonomous delivery startup Nuro has raised $940 million from The Softbank Vision Fund, making it one of the most generously funded startups in the driverless...

10. 2. 2019 No Responses

The Great Japanese Gold Trade Of 1859

The price of gold is $1,314 per ounce right now. But imagine if there was one place in the world – say Japan – where you could buy an ounce of gold for a fraction of that, $400. By exporting...

9. 2. 2019 No Responses

The results of the Finnish experiment with unconditional basic income

In Finland, at the beginning of 2017, they decided to carry out a long-term experiment with unconditional basic income. Approximately 2000 people received 560 euros each month, no-strings-attached and tax-free. An experiment with unconditional basic income wou...

8. 2. 2019 No Responses

The South African President has promised to save the Eskom and divide it into 3 entities

South African power plants Eskom, which produce 95% of electricity in South Africa, are facing $ 30 billion in debt. South African President Cyril Ramaphos announced that Eskom will be divided into three entities. Utility holding Eskom consists of 3...

3. 2. 2019 No Responses

As US Freezes, This Is Where Europeans Can’t Afford To Heat Their Homes

30. 1. 2019 No Responses

Boeing Earnings, Outlook Smash Expectations

Boeing’s stock rockets, to give a 150-point boost to the Dow’s price. Boeing shares soared more than 6%, and are set to take out all time highs of $392 after reporting earnings that smashed expectations and unveiling guidance that was...

« Previous 1 … 74 75 76