German consumer morale brightens heading into October – GfK
BERLIN, Sept 28 (Reuters) – The mood among German consumers brightened unexpectedly heading into October to reach its highest level in a year and a half, a survey showed on Tuesday, in a sign that households continue to support the recovery in Europe’s largest economy. The GfK institute said its consumer sentiment index, based on […]
Erdogan says Turkey plans to buy more Russian defense systems
WASHINGTON, Sept 26 (Reuters) – President Tayyip Erdogan said Turkey still intended to buy a second batch of S-400 missile defense systems from Russia, a move that could deepen a rift with NATO ally Washington and trigger new U.S. sanctions. Washington says the S-400s pose a threat to its F-35 fighter jets and to NATO’s […]
Italy’s Enel spins off new firm for digital grid services – report
ROME, Sept 23 (Reuters) – Europe’s biggest utility Enel (ENEI.MI) has set up a new company dedicated to digital grid services, which aims to have a revenue of 1.5 billion euros ($1.76 billion) by 2030, newspaper Il Sole 24 Ore reported on Wednesday. The spinoff, Gridspertise, will manage all activities related to digital meters and intelligent grid […]
In the United States, the ‘pink sheets’ are being restructured as a securities regulator attempts to combat fraud!
If a new rule intended to wipe out fraud in this notoriously risky enclave goes into effect next week, up to 2,000 companies could disappear from retail investors’ long-favorite over-the-counter pink lists. The Securities and Exchange Commission (SEC) rule encourages investor disclosure by requiring OTC issuers, which are often small businesses that do not meet […]
Gold rises as Havens rally in response to growing Evergrande fears!
Fears of a spillover from the debt woes of Asian property developer China Evergrande Group fueled demand for safe havens assets, eclipsing concerns that the Federal Reserve’s stimulus program would be reduced soon. Investor concerns about China’s real estate sector and the Fed’s tapering increased, sending US stocks down more than 2%. “Gold is actually […]
Three ways to enhance student assessments
a holistic national student assessment system can be a colossal undertaking
Calix, an Australian firm, has received funding for its carbon capture technology!
Calix Ltd, based in Australia, announced on Wednesday that it has found a buyer for a stake in its carbon capture technology unit, valuing the company at A$350 million ($256 million). Calix’s stock rose 20% to a historic high only after the company announced that Carbon Direct, a New York-based investor, had invested 15 million […]
Following the COVID-19 vaccine exchange with Britain, Australia’s Prime Minister has called for a faster reopening!
Prime Minister Scott Morrison announced on Friday that Australia had already managed to secure 4 million doses of Pfizer COVID-19 vaccines in some kind of a swap agreement with the United Kingdom, as he tries to persuade states and territories to stick to a national COVID-19 reopening plan. According to Morrison, the additional doses are […]
The European Coca-Cola bottler appears to be facing a liquidity crisis!
Coca- Cola’s European distributor has been experiencing a liquidity crisis. Coca-Cola Europacific Partners’ second-quarter sales increased 54 % year over year to 3.6 billion euros, exceeding analysts’ expectations of 3.3 billion euros, according to sources. Lockdowns are already being eased, and out-of-home consumption is increasing, resulting in a $26 billion boost for the company. The […]
The biennial Internationale-Automobil-Ausstellung-The International Motor Show-begins this week!
The biennial Internationale-Automobil-Ausstellung, or International Motor Show, in Germany, begins this week. It is a well-attended event in which the entire country honors the country’s enduring automotive industry and invites the world’s most prestigious brands to participate. According to reports, this year’s event will be held in Munich, Bavaria, and will be a once-in-a-lifetime opportunity […]
