Editors’ Picks – Page 8 – PressClub World

7. 8. 2023 No Responses

PayPal Launches PYUSD – USD-Backed Stablecoin For Payments Purpose

American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7. The new US dollar-backed stablecoin will be issued by Paxos Trust Co. and fully backed by United States dollar deposits, short-term Treasuries and similar cash equivalents. The...

5. 8. 2023 No Responses

Risk Warning: Increased Risk of Decline in Capital Markets

As has been my standard since September 1998, I publicly warn in advance of the increased risk of a decline in capital markets. And now this situation has come again. What are the current reasons? 1. Stocks in general are...

4. 8. 2023 No Responses

Wells Fargo customers report missing deposits

Deposits disappear from Wells Fargo accounts. For the second time this year, Wells Fargo acknowledged that deposits were not showing up in customers’ accounts. In an emailed statement Friday morning, a Wells Fargo representative said the issue was affect...

1. 8. 2023 No Responses

Germany’s Uniper To Invest $8.8 Billion In Green Energy

German energy giant Uniper, which was bailed out by the government last year, pledged on Tuesday to invest more than $8.8 billion (8 billion euros) in green energy by 2030 as it looks to become a greener energy provider faster than previously...

31. 7. 2023 No Responses

NHTSA Wants 58 MPG Fuel Efficiency Standard By 2032

National Highway Traffic Safety Administration (NHTSA) announced a proposal to require raising fuel economy standards to 58 miles per gallon. The proposal, from the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA), wo...

30. 7. 2023 No Responses

Boeing To Increase Production Rates Of 737 MAX And 787 Jets

Boeing aims to produce at least 50 MAX variants per month by 2025 and is confident in the coordinated supply chain’s ability to deliver on this goal. The Renton plant in Washington state will see an increase in narrowbody production,...

29. 7. 2023 No Responses

Ford set to loses $4.5 billion on EVs

Ford Motor Company announced it is projected to lose a staggering $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion. The company released its second-quarter financial results. The U.S.-based automaker&#821...

28. 7. 2023 No Responses

Raytheon Accumulated a Backlog of $185 Billion

Raytheon has called in retired engineers to teach its employees how to build the Stinger missiles heavily used by Ukraine’s military—using blueprints drawn up during the Carter administration. It’s the latest example of a private company working to ramp ...

21. 7. 2023 No Responses

Photovoltaic Panels Flooded European Warehouses

Around €7 billion worth of Chinese-manufactured solar panels are currently stored in Europe, which could power approximately 20 million homes per year. Despite this surplus, imports continue to increase, with the first few months of 2023 showing higher impor...

20. 7. 2023 No Responses

Czech Parliament Ratifies Treaty Allowing US Troops Presence

On Wednesday, the Czech parliament ratified a treaty that paves the way for a US troop presence on Czech soil as the US is looking to further beef up its military posture in Europe. The Defense Cooperation Agreement (DCA) was approved by...

19. 7. 2023 No Responses

Lockheed Martin Raises Full-Year Forecast

U.S. weapons maker Lockheed Martin on Tuesday raised its annual profit and sales outlook on strong demand for military equipment stoked by ongoing geopolitical uncertainties. Defense companies in the U.S. have been successful in translating demand for air defe...

18. 7. 2023 No Responses

Nelson Mandela Day: Remembering Anti-Apartheid I Icon

Nelson Mandela Day – Remembering anti-Apartheid I icon and friend of Palestine. Nelson Mandela Day is an international observance in honor of the iconic South African anti-Apartheid I leader Nelson Mandela, observed annually on his birthday, on July 18. ...

17. 7. 2023 No Responses

China GDP Grows 6.3% in Second Quarter

China’s economy expanded 6.3% in the second quarter from a year ago, falling short of market expectations as export demand remained tepid and sinking property prices sapped consumer confidence. The jobless rate for the 16-24 age group hit a new...

22. 6. 2023 No Responses

Ex- Barclays CEO Praises BlackRock BTC ETF Filing

Former Barclays CEO Bob Diamond is not surprised by asset management giant BlackRock’s recent forays into the world of crypto. “I love seeing some of the mainstream firms get involved here, like BlackRock,” said Diamond during an interview with CNBC’...

21. 6. 2023 No Responses

No New EU Money For Green Technologies

European Commission president Ursula von der Leyen said last year that she would create a new European Sovereignty Fund to help EU companies compete with president Biden’s Inflation Reduction Act (IRA). But whereas the US is pumping $369 bn (€340 bn)...

« Previous 1 … 6 7 8 9 10 … 76 Next »