Markets
Three listed units of China's HNA disclose embezzlements of nearly $10 bln
- January 31, 2021
The creditors said the conglomerate couldn't pay off its debts. China's once high-flying conglomerate HNA Group moved toward bankruptcy restructuring on the demand of creditors after it struggled under a mountain of debt incurred during a spending spree that boosted its net assets to 1.2 trillion yuan ($171 billion) at its height. (more...)
- January 31, 2021
The creditors said the conglomerate couldn't pay off its debts. China's once high-flying conglomerate HNA Group moved toward bankruptcy restructuring on the demand of creditors after it struggled under a mountain of debt incurred during a spending spree that boosted its net assets to 1.2 trillion yuan ($171 billion) at its height. (more...)
Six-point plan released by province to fight COVID-19 variants
- January 31, 2021
According to Public Health Ontario, there are delays between specimen collection and the testing required to confirm a variant of concern. A senior government source says the province will move forward with the traveller testing despite a similar federal program announced today that's set to ramp up in the coming weeks. (more...)
- January 31, 2021
According to Public Health Ontario, there are delays between specimen collection and the testing required to confirm a variant of concern. A senior government source says the province will move forward with the traveller testing despite a similar federal program announced today that's set to ramp up in the coming weeks. (more...)
Tesla Roadster production delayed to 2022
- January 31, 2021
Well, let's just say it can replace the high-end, next-gen gaming console which you bought recently. Among the most controversial aspects of the Tesla Model S and Model X refresh are the vehicles' "yoke" style steering wheel, which has garnered a good amount of criticism over its alleged safety risk and impracticality. (more...)
- January 31, 2021
Well, let's just say it can replace the high-end, next-gen gaming console which you bought recently. Among the most controversial aspects of the Tesla Model S and Model X refresh are the vehicles' "yoke" style steering wheel, which has garnered a good amount of criticism over its alleged safety risk and impracticality. (more...)
J&J single-shot vaccine found 66% effective in phase 3 clinical trials
- January 31, 2021
In clinical trials, the Novavax jab showed an overall efficacy of 90 percent against COVID-19, as well as 86 percent protection against the variant first found in the United Kingdom and 60 percent protection against the strain discovered in South Africa . (more...)
- January 31, 2021
In clinical trials, the Novavax jab showed an overall efficacy of 90 percent against COVID-19, as well as 86 percent protection against the variant first found in the United Kingdom and 60 percent protection against the strain discovered in South Africa . (more...)
European Union authorizes AstraZeneca/Oxford Covid-19 vaccine
- January 31, 2021
Both were authorized for all adults. The pharma giant welcomed EMA's decision. If Germany does decide not to authorise the vaccine for over-65s, this will be because it considers there were insufficient people over 55 included in the vaccine's phase 3 trials to give a good estimate of efficacy in older age groups. (more...)
- January 31, 2021
Both were authorized for all adults. The pharma giant welcomed EMA's decision. If Germany does decide not to authorise the vaccine for over-65s, this will be because it considers there were insufficient people over 55 included in the vaccine's phase 3 trials to give a good estimate of efficacy in older age groups. (more...)
How To Get Kraft’s Pink Mac & Cheese
- January 31, 2021
The macaroni not only has a pink color, but Kraft said it also tastes like "candy". Kraft is taking Valentine's Day food to the next level and has introduced Candy Macaroni & Cheese, according to People Magazine . Last fall Kraft gave away a pumpkin spice version , a nod to all the pumpkin spice goodies released each fall. The Mac n' Cheese icon is going pink and you could win a box of it for free. (more...)
- January 31, 2021
The macaroni not only has a pink color, but Kraft said it also tastes like "candy". Kraft is taking Valentine's Day food to the next level and has introduced Candy Macaroni & Cheese, according to People Magazine . Last fall Kraft gave away a pumpkin spice version , a nod to all the pumpkin spice goodies released each fall. The Mac n' Cheese icon is going pink and you could win a box of it for free. (more...)
SpaceX Prepares for Starship SN-9 High-Altitude Flight Test
- January 31, 2021
His full statement said; "Unlike its aircraft division, which is fine, the FAA space division has a fundamentally broken regulatory structure". SpaceX has released a press release on its website, detailing that the company would reschedule yet again as early as Monday, February 1, for the high altitude test flight of the SN9 Starship in Boca Chica. (more...)
- January 31, 2021
His full statement said; "Unlike its aircraft division, which is fine, the FAA space division has a fundamentally broken regulatory structure". SpaceX has released a press release on its website, detailing that the company would reschedule yet again as early as Monday, February 1, for the high altitude test flight of the SN9 Starship in Boca Chica. (more...)
Government attempts to ban Bitcoin again; Considers digitizing the rupee
- January 31, 2021
However, certain exceptions will be made to promote the "underlying technology [blockchain] of cryptocurrency and its uses". Recently China also banned private operators in this field by regularizing the government operation on digital or crypto-currency. (more...)
- January 31, 2021
However, certain exceptions will be made to promote the "underlying technology [blockchain] of cryptocurrency and its uses". Recently China also banned private operators in this field by regularizing the government operation on digital or crypto-currency. (more...)
Oil Prices Rangebound As Supply Cuts Offset Virus Worries
- January 30, 2021
The more active April contract was up 26 cents, or 0.5%, at $55.36. "There is no time for any delays", Biden said. Oil prices steadied on Friday, its past three weeks range as investors hope for change in supply and demand due to slow-paced of vaccine rollout. (more...)
- January 30, 2021
The more active April contract was up 26 cents, or 0.5%, at $55.36. "There is no time for any delays", Biden said. Oil prices steadied on Friday, its past three weeks range as investors hope for change in supply and demand due to slow-paced of vaccine rollout. (more...)
Oxford / AstraZeneca vaccine developed by Irish scientist approved in EU
- January 30, 2021
Earlier, the 27-nation bloc and AstraZeneca made public a heavily redacted version of their vaccine deal that's at the heart of a dispute over the delivery schedule. The doctor in charge of vaccines at Finland's health agency´, the THL, welcomed the news. A separate study testing the AstraZeneca vaccine in the U.S.is still underway. (more...)
- January 30, 2021
Earlier, the 27-nation bloc and AstraZeneca made public a heavily redacted version of their vaccine deal that's at the heart of a dispute over the delivery schedule. The doctor in charge of vaccines at Finland's health agency´, the THL, welcomed the news. A separate study testing the AstraZeneca vaccine in the U.S.is still underway. (more...)
Lawsuit Claims That Subway's Tuna Sandwich is 'Not Tuna and Not Fish'
- January 30, 2021
A lawsuit has been filed in US District Court against fast-food chain Subway for alleged misrepresentation of its tuna sandwich. Almost two decades after her infamous Chicken of the Sea mix-up, the fashion mogul hilariously reacted to Subway's recent controversy over the ingredients in their tuna. (more...)
- January 30, 2021
A lawsuit has been filed in US District Court against fast-food chain Subway for alleged misrepresentation of its tuna sandwich. Almost two decades after her infamous Chicken of the Sea mix-up, the fashion mogul hilariously reacted to Subway's recent controversy over the ingredients in their tuna. (more...)
Market tumbles for 5th straight session; Sensex tanks 536 points
- January 30, 2021
In the last week, the Indian rupee ended flat at 72.95 per dollar on January 29, against its January 22 closing of 72.97 per dollar. The nominal GDP growth is estimated at 15.4 percent. Market breadth was negative with midcap and small-caps ending weak. "As such we retain our cautious stance and advise the traders to refrain from building a fresh buying position until we see further decisive movement in the market". (more...)
- January 30, 2021
In the last week, the Indian rupee ended flat at 72.95 per dollar on January 29, against its January 22 closing of 72.97 per dollar. The nominal GDP growth is estimated at 15.4 percent. Market breadth was negative with midcap and small-caps ending weak. "As such we retain our cautious stance and advise the traders to refrain from building a fresh buying position until we see further decisive movement in the market". (more...)
SSC Tuatara Triumphs Top Speed Record
- January 30, 2021
According to Guinness World Records, all vehicles fighting to grab the " world's fastest production car " title have to undergo two runs in opposite directions - the average of both the runs is then taken into account. I'm sure plenty of internet sleuths will be looking carefully at the video and numbers, but I think this time SSC's claims will hold up. We also asked Shelby to give us a full download and explanation for how it went about capturing the data with all of the equipment. (more...)
- January 30, 2021
According to Guinness World Records, all vehicles fighting to grab the " world's fastest production car " title have to undergo two runs in opposite directions - the average of both the runs is then taken into account. I'm sure plenty of internet sleuths will be looking carefully at the video and numbers, but I think this time SSC's claims will hold up. We also asked Shelby to give us a full download and explanation for how it went about capturing the data with all of the equipment. (more...)
Saudi Aramco may sell more shares if market is right -PIF
- January 30, 2021
The Saudi government sold over 1.7 percent of Aramco in an initial public offering (IPO) in 2019 that raised a record $29.4 billion. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. (more...)
- January 30, 2021
The Saudi government sold over 1.7 percent of Aramco in an initial public offering (IPO) in 2019 that raised a record $29.4 billion. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. (more...)
Novavax vaccine, COVID-19
- January 30, 2021
The US has detected the first cases of a new and highly contagious coronavirus variant which was first discovered in South Africa , according to authorities. The South African study included some volunteers with HIV. Scientists have been even more anxious about a variant first discovered in South Africa that carries different mutations. (more...)
- January 30, 2021
The US has detected the first cases of a new and highly contagious coronavirus variant which was first discovered in South Africa , according to authorities. The South African study included some volunteers with HIV. Scientists have been even more anxious about a variant first discovered in South Africa that carries different mutations. (more...)
Toyota dethrones Volkswagen to become world's biggest auto manufacturer
- January 30, 2021
Take VW, which is strong in its home continent of Europe. Volkswagen sold 9.3 million units. Toyota sales were down 11 percent in 2020, to 9.53 million vehicles. Impressive numbers in a year where the planet virtually stopped, sure, but the numbers represented an 11 per cent fall for Toyota and a drop of more than 15 per cent for VW. (more...)
- January 30, 2021
Take VW, which is strong in its home continent of Europe. Volkswagen sold 9.3 million units. Toyota sales were down 11 percent in 2020, to 9.53 million vehicles. Impressive numbers in a year where the planet virtually stopped, sure, but the numbers represented an 11 per cent fall for Toyota and a drop of more than 15 per cent for VW. (more...)
GameStop (GME) stock trading to be discussed in US Congressional hearing
- January 30, 2021
Shares in GameStop , AMC Entertainment and BlackBerry plunged more than 40% on Thursday after several online platforms imposed buying halts, but rebounded in late trading as Robinhood and Interactive Brokers said they planned to ease the restrictions on Friday. (more...)
- January 30, 2021
Shares in GameStop , AMC Entertainment and BlackBerry plunged more than 40% on Thursday after several online platforms imposed buying halts, but rebounded in late trading as Robinhood and Interactive Brokers said they planned to ease the restrictions on Friday. (more...)
Google faces stricter regulation on digital advertising dominance in Australia
- January 29, 2021
The Australian Competition and Consumer Commission has released an interim report from its digital advertising inquiry, warning of a lack of "competition, choice and transparency" in advertising technology. This, they say, entitles them to a share of the booty of both companies. But Friday's action marked a new stage in the campaign, one focused on winning over internet users to Google's cause. (more...)
- January 29, 2021
The Australian Competition and Consumer Commission has released an interim report from its digital advertising inquiry, warning of a lack of "competition, choice and transparency" in advertising technology. This, they say, entitles them to a share of the booty of both companies. But Friday's action marked a new stage in the campaign, one focused on winning over internet users to Google's cause. (more...)
Airline ETF Soars as American Airlines Enters the Spotlight
- January 29, 2021
The company posted a net loss of $2.18 billion, or $3.81 per share, for the fourth quarter ended December 31, compared with a profit of $414 million, or 95 cents per share, a year earlier. carrier became the latest vehicle in a burgeoning Wall Street trading revolt by amateur investors. Business and global travel, which are both crucial to American and rivals such as Delta and United, are expected to recover more slowly. (more...)
- January 29, 2021
The company posted a net loss of $2.18 billion, or $3.81 per share, for the fourth quarter ended December 31, compared with a profit of $414 million, or 95 cents per share, a year earlier. carrier became the latest vehicle in a burgeoning Wall Street trading revolt by amateur investors. Business and global travel, which are both crucial to American and rivals such as Delta and United, are expected to recover more slowly. (more...)
Regeneron works on United Kingdom, S.African Covid variants, says company
- January 29, 2021
Furthermore, REGEN-COV may have potential application in people who need immediate protection or respond poorly to vaccination. The company said the drug can be given as multiple shots, as opposed to an infusion. The pharmaceutical company said that after reviewing the results of 400 participants who lived in a household with somebody who had COVID-19, they found a 100% reduction in symptomatic cases of COVID-19 and a 50% overall lower rate of infection. (more...)
- January 29, 2021
Furthermore, REGEN-COV may have potential application in people who need immediate protection or respond poorly to vaccination. The company said the drug can be given as multiple shots, as opposed to an infusion. The pharmaceutical company said that after reviewing the results of 400 participants who lived in a household with somebody who had COVID-19, they found a 100% reduction in symptomatic cases of COVID-19 and a 50% overall lower rate of infection. (more...)
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US Capitol under lockdown after security threat