Markets
Man climbs onto wing of airplane
- December 15, 2020
A passenger video showed the man sitting and walking on the wing before taking off his socks and shoes as he climbed the Boeing 737's winglet. Video taken by Brooke Knight shows the man on the wing, and has been watched almost 2 million times on Twitter. (more...)
- December 15, 2020
A passenger video showed the man sitting and walking on the wing before taking off his socks and shoes as he climbed the Boeing 737's winglet. Video taken by Brooke Knight shows the man on the wing, and has been watched almost 2 million times on Twitter. (more...)
Brexit talks pushed beyond deadline in bid to avoid no-deal scenario
- December 14, 2020
The EU fears Britain will slash social and environmental standards and pump state money into United Kingdom industries, becoming a low-regulation economic rival on the bloc's doorstep, so is demanding strict " level playing field " guarantees in exchange for access to its markets. (more...)
- December 14, 2020
The EU fears Britain will slash social and environmental standards and pump state money into United Kingdom industries, becoming a low-regulation economic rival on the bloc's doorstep, so is demanding strict " level playing field " guarantees in exchange for access to its markets. (more...)
First shipments of COVID-19 vaccine arrive in Canada
- December 14, 2020
From there, adults in Indigenous communities, residents of retirement homes and recipients of chronic home health-care will get doses of the vaccine next. Three-thousand doses of the Pfizer-BioNTech vaccine will arrive in Ottawa today. While all countries across the globe are watching the progress of the vaccine roll-out in the United Kingdom and in the US, experts warn defeating the virus is a lengthy process . (more...)
- December 14, 2020
From there, adults in Indigenous communities, residents of retirement homes and recipients of chronic home health-care will get doses of the vaccine next. Three-thousand doses of the Pfizer-BioNTech vaccine will arrive in Ottawa today. While all countries across the globe are watching the progress of the vaccine roll-out in the United Kingdom and in the US, experts warn defeating the virus is a lengthy process . (more...)
Tata Sons to File Expression of Interest for Air India Today
- December 14, 2020
Tata Group is seeking to board Air India again after almost seven decades, with the salt-to-software conglomerate set to participate in the bidding process for the national carrier, sources said on Monday. A source with knowledge of the matter said the Tata Group has submitted an official expression of interest for the airline. Willing and continuing employees will be offered 51% in the consortium that acquires the airline. (more...)
- December 14, 2020
Tata Group is seeking to board Air India again after almost seven decades, with the salt-to-software conglomerate set to participate in the bidding process for the national carrier, sources said on Monday. A source with knowledge of the matter said the Tata Group has submitted an official expression of interest for the airline. Willing and continuing employees will be offered 51% in the consortium that acquires the airline. (more...)
Oil price rally builds steam as coronavirus vaccine rollouts begin
- December 14, 2020
Global consumption of gasoline and diesel rose to a two-month high last week, according to an index compiled by Bloomberg, suggesting the impact of recent coronavirus lockdowns is waning. The price could tempt producers from Baghdad to Oklahoma to increase production. It's a reminder that there are still plenty of barrels left over from the spring surplus. (more...)
- December 14, 2020
Global consumption of gasoline and diesel rose to a two-month high last week, according to an index compiled by Bloomberg, suggesting the impact of recent coronavirus lockdowns is waning. The price could tempt producers from Baghdad to Oklahoma to increase production. It's a reminder that there are still plenty of barrels left over from the spring surplus. (more...)
'External source' causes oil tanker blast off Saudi Arabia
- December 14, 2020
The strike caused an explosion and fire onboard the ship, though all 22 sailors on board escaped without injury and firefighters later extinguished the blaze, Haifna said. However, the Houthis have not commented on last month's attack. The incidents come after tensions between the US and Iran past year saw a series of escalating incidents in the Persian Gulf, the Strait of Hormuz and the nearby Gulf of Oman. (more...)
- December 14, 2020
The strike caused an explosion and fire onboard the ship, though all 22 sailors on board escaped without injury and firefighters later extinguished the blaze, Haifna said. However, the Houthis have not commented on last month's attack. The incidents come after tensions between the US and Iran past year saw a series of escalating incidents in the Persian Gulf, the Strait of Hormuz and the nearby Gulf of Oman. (more...)
Virgin Galactic makes first flight from New Mexico site
- December 14, 2020
A webcast provided via NASASpaceflight.com showed the flash of the plane's hybrid rocket motor lighting up, but only for a second. The incident was also reported and confirmed by Virgin Galactic, mentioning that the spacecraft's pilots namely CJ Sturckow and Dave Mackay has landed safely despite of aborting the test flight. (more...)
- December 14, 2020
A webcast provided via NASASpaceflight.com showed the flash of the plane's hybrid rocket motor lighting up, but only for a second. The incident was also reported and confirmed by Virgin Galactic, mentioning that the spacecraft's pilots namely CJ Sturckow and Dave Mackay has landed safely despite of aborting the test flight. (more...)
A race against time as United Kingdom scrambles for workable Brexit agreement
- December 14, 2020
In a joint statement , Boris Johnson and Ursula von der Leyen said they had discussed the major unresolved topics in a useful phone call. Ireland stands to lose out more than any other European Union country if trade with its larger neighbour is disrupted, and cautiously welcomed the reprieve. (more...)
- December 14, 2020
In a joint statement , Boris Johnson and Ursula von der Leyen said they had discussed the major unresolved topics in a useful phone call. Ireland stands to lose out more than any other European Union country if trade with its larger neighbour is disrupted, and cautiously welcomed the reprieve. (more...)
Man arrested after climbing on plane’s wing at Las Vegas airport
- December 14, 2020
A man in Las Vegas was arrested, Saturday, after successfully climbing onto the wing of an airplane as it was preparing to depart from McCarran International Airport. As officers approach him, he falls and is taken into custody. LVMD believe the man was not a passenger of Flight 1367, or any other, but rather hopped over a perimeter fence of the airport and ran around before deciding to climb onto a plane. (more...)
- December 14, 2020
A man in Las Vegas was arrested, Saturday, after successfully climbing onto the wing of an airplane as it was preparing to depart from McCarran International Airport. As officers approach him, he falls and is taken into custody. LVMD believe the man was not a passenger of Flight 1367, or any other, but rather hopped over a perimeter fence of the airport and ran around before deciding to climb onto a plane. (more...)
Supreme Court ruling paves way for £14bn damages claim against Mastercard
- December 13, 2020
The claim was brought as an opt-out collective or class action, made possible by the Consumer Rights Act 2015. The UK's highest court has paved the way for a £14 billion damages claim to go ahead against Mastercard on behalf of millions of UK consumers. (more...)
- December 13, 2020
The claim was brought as an opt-out collective or class action, made possible by the Consumer Rights Act 2015. The UK's highest court has paved the way for a £14 billion damages claim to go ahead against Mastercard on behalf of millions of UK consumers. (more...)
Hyundai confirms the acquisition of Boston Dynamics at $1.1 billion
- December 13, 2020
The equity purchase is the first major deal by Hyundai Motor Group after Chung took the helm from his father, Chung Mong-koo, and reflects his earlier vows to transform the automobile manufacturer into a mobility solutions provider. " Hyundai Motor Group's top-class capacity in mass production and [research and development], as well as its global network will contribute to improving mass production and profitability of Boston Dynamics' robots", the company said in a statement. (more...)
- December 13, 2020
The equity purchase is the first major deal by Hyundai Motor Group after Chung took the helm from his father, Chung Mong-koo, and reflects his earlier vows to transform the automobile manufacturer into a mobility solutions provider. " Hyundai Motor Group's top-class capacity in mass production and [research and development], as well as its global network will contribute to improving mass production and profitability of Boston Dynamics' robots", the company said in a statement. (more...)
AstraZeneca to acquire Alexion
- December 13, 2020
Along with researchers from the University of Oxford, AstraZeneca has developed an effective Covid-19 vaccine which the United Kingdom government plans to use as the lynchpin of its inoculation drive, after first rolling out another vaccine by Pfizer/BioNTech. (more...)
- December 13, 2020
Along with researchers from the University of Oxford, AstraZeneca has developed an effective Covid-19 vaccine which the United Kingdom government plans to use as the lynchpin of its inoculation drive, after first rolling out another vaccine by Pfizer/BioNTech. (more...)
Walmart to give COVID-19 vaccine following FDA approval
- December 13, 2020
It's unclear if a vaccine would prevent a vaccinated person from spreading the coronavirus to others, so "we can't let our guard down", he says. A recent outbreak in Orange County's largest nursing home highlights the need for the vaccine in nursing homes. (more...)
- December 13, 2020
It's unclear if a vaccine would prevent a vaccinated person from spreading the coronavirus to others, so "we can't let our guard down", he says. A recent outbreak in Orange County's largest nursing home highlights the need for the vaccine in nursing homes. (more...)
As global leaders set fresh climate goals, Biden pledges USA support
- December 13, 2020
Greenpeace called the summit - seen as a warm-up for the UN's climate change conference COP26 in Glasgow, Scotland, next November - a " moment of accountability for leaders". Russia, Brazil, Saudi Arabia and Australia were missing from the party - which was only open to countries making substantial new climate pledges. The world's second-largest polluter, the United States, wasn't at the meeting, which is no surprise as President Donald Trump pulled the USA out of the Paris Agreement. (more...)
- December 13, 2020
Greenpeace called the summit - seen as a warm-up for the UN's climate change conference COP26 in Glasgow, Scotland, next November - a " moment of accountability for leaders". Russia, Brazil, Saudi Arabia and Australia were missing from the party - which was only open to countries making substantial new climate pledges. The world's second-largest polluter, the United States, wasn't at the meeting, which is no surprise as President Donald Trump pulled the USA out of the Paris Agreement. (more...)
Australia COVID vaccine caused false HIV tests
- December 12, 2020
For this reason the government has secured multiple types of vaccine candidates. But there could be a silver lining in stopping a trial, or deciding to move slower in another, as the pace of vaccine development has contributed to concerns in some populations. (more...)
- December 12, 2020
For this reason the government has secured multiple types of vaccine candidates. But there could be a silver lining in stopping a trial, or deciding to move slower in another, as the pace of vaccine development has contributed to concerns in some populations. (more...)
GSK, Sanofi say COVID-19 shot won’t be ready until late 2021
- December 12, 2020
The news comes as a disappointment for a crop of vaccines under development that rely on more conventional proven designs as the shot developed by Pfizer and BioNTech using breakthrough technology gets rolled out across Britain. The study was created to assess the vaccine's safety, side effects, and immune response. This week, Britain started deploying the Pfizer-BioNTech vaccine, jumping ahead of the rest of the world in the race. (more...)
- December 12, 2020
The news comes as a disappointment for a crop of vaccines under development that rely on more conventional proven designs as the shot developed by Pfizer and BioNTech using breakthrough technology gets rolled out across Britain. The study was created to assess the vaccine's safety, side effects, and immune response. This week, Britain started deploying the Pfizer-BioNTech vaccine, jumping ahead of the rest of the world in the race. (more...)
US producer prices rise slightly in November
- December 11, 2020
The difference between food (13.7 percent) and non-food (16.2 percent) inflation was just 2.5 percentage points, while in the Ashanti Region, the difference was 9.4 percentage points (5.7 percent compared to 15.1 percent). The average consumer price inflation over the last 12 months was 2.8%, compared to the previous 12 months. In the 12 months through November, the PPI advanced 0.8% after increasing 0.5% in October. (more...)
- December 11, 2020
The difference between food (13.7 percent) and non-food (16.2 percent) inflation was just 2.5 percentage points, while in the Ashanti Region, the difference was 9.4 percentage points (5.7 percent compared to 15.1 percent). The average consumer price inflation over the last 12 months was 2.8%, compared to the previous 12 months. In the 12 months through November, the PPI advanced 0.8% after increasing 0.5% in October. (more...)
Asian shares boosted by vaccines hopes, Brexit deadline casts shadow
- December 11, 2020
The MSCI world equity index, which tracks shares in 50 countries, turned negative and was last down 0.2%. Still, investors had bet on stronger economic growth next year as more countries prepare for vaccinations, helping MSCI's ex-Japan Asia-Pacific index edge up 0.2% and head for its sixth straight week of gains. (more...)
- December 11, 2020
The MSCI world equity index, which tracks shares in 50 countries, turned negative and was last down 0.2%. Still, investors had bet on stronger economic growth next year as more countries prepare for vaccinations, helping MSCI's ex-Japan Asia-Pacific index edge up 0.2% and head for its sixth straight week of gains. (more...)
Honda halts production at Swindon due to parts delays
- December 11, 2020
The Swindon plant relies on the "just-in-time" delivery system, pioneered by Japanese rival Toyota and now a global standard in the automotive sector in particular, in which parts arrive as they are required. Of late, logistics companies have been highlighting bottleneck issues at the eastern port of Felixstowe. Britain's major container ports have been hit as the coronavirus pandemic disrupts global trade. (more...)
- December 11, 2020
The Swindon plant relies on the "just-in-time" delivery system, pioneered by Japanese rival Toyota and now a global standard in the automotive sector in particular, in which parts arrive as they are required. Of late, logistics companies have been highlighting bottleneck issues at the eastern port of Felixstowe. Britain's major container ports have been hit as the coronavirus pandemic disrupts global trade. (more...)
ADB narrows India’s FY21 GDP contraction projection to 8%
- December 11, 2020
The regional lender said that developing Asia is now forecast to contract by 0.4% in 2020, less than the 0.7% contraction envisaged in the Asian Development Outlook 2020 Update in September. "Safe, effective, and timely vaccine delivery in developing economies will be critical to support the reopening of economies and the recovery of growth in the region", ADB Chief Economist Yasuyuki Sawada said in a statement. (more...)
- December 11, 2020
The regional lender said that developing Asia is now forecast to contract by 0.4% in 2020, less than the 0.7% contraction envisaged in the Asian Development Outlook 2020 Update in September. "Safe, effective, and timely vaccine delivery in developing economies will be critical to support the reopening of economies and the recovery of growth in the region", ADB Chief Economist Yasuyuki Sawada said in a statement. (more...)
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