Author: News Room
By Sabela Ojea Boeing Co. has been awarded a $1.17 billion contract to deliver canister tactical and exercise missiles, blast test vehicles and training equipment to the U.S. Navy, the Department of Defense said Friday. The U.S. aircraft maker’s contract represents a modification to a prior ordering agreement secured in April 2021. Boeing would also procure weapon station support equipment and missile spares, among other technical instruments, as well as integrated logistics support, technical publications and field service representatives and training. Work will be performed in several locations in the U.S., and is expected to be completed by March 2025,…
Shares were mostly higher in Asia on Monday after a report Friday showed resilience in the U.S. jobs market. Tokyo’s Nikkei 225 index NIK, +0.42% added 0.4%. In Seoul, the Kospi 180721, +0.87% surged 1%. The Shanghai Composite index SHCOMP, -0.37% gave up early gains, losing 0.1%. Shares rose in Taiwan Y9999, +0.25% but fell in Singapore STI, -0.27% and Indonesia JAKIDX, -0.70%. Markets were closed in Hong Kong and Sydney after last week ended with Good Friday holidays in many countries. U.S. futures ES00, -0.08% and oil prices CL.1, -0.10% advanced. The highly anticipated report on U.S. employment showed…
Health and Human Services Secretary Xavier Becerra on Sunday said “everything is on the table” following a Texas federal judge’s ruling to suspend the Food and Drug Administration’s approval of the medication abortion drug mifepristone. In an interview with CNN’s Dana Bash on “State of the Union,” the secretary would not say whether he believes the FDA should ignore the ruling and keep the drug on the market, but he maintained that the Biden administration is considering all options. “We want the courts to overturn this reckless decision,” Becerra said, adding that there was a “good chance” of Supreme Court…
Rick Stollmeyer built a software company from his California garage and realised a dream when he took it public in 2015 at a valuation approaching $1bn. Much of what came next seems to have been a nightmare for the former US Navy submarine officer. As a guest on an entrepreneurship podcast, he lamented the shareholders of his company who would not countenance him selling down his stock, describing his periodic divestitures as the equivalent of “sucking through a very small straw”.Mindbody, Stollmeyer’s software business that powered the systems of gyms and fitness studios, announced just before Christmas 2018 that it…
Globalization is undoubtedly one of the keywords of 2022, with a bunch of tech giants jostling for a piece of pie. On September 1, 2022, Pinduoduo Group (PDD) officially launched its cross-border e-commerce platform Temu in the United States; at the same time, Huawei Cloud and Alibaba Cloud successively announced their overseas expansion plans in Bangkok, Thailand. In December, Alibaba (BABA) invested approximately USD 342.5 million in its e-commerce platform Lazada targeting Southeast Asia for the third time this year. Big Techs Catching Up, Going Global Now Inevitable (EqualOcean) Apart from that, Meituan (OTCPK:MPNGY) (3690:HK), China’s food delivery giant and…
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Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.RenQ Finance (RENQ) has been making headlines recently due to its impressive performance in the decentralized finance (DeFi) space. The token has been generating a lot of buzz among investors and traders, and many are wondering how to buy it, why it is so hyped, how real are the 50x claims, and whether big guns are backing it. In this article, we will explore these questions and provide a comprehensive guide on how to buy RENQ and what you need to know about the token.What is RenQ…
A slowing economy may lead to a decline in sales of pricey beef cuts, but don’t look for any bargains just yet. Market forces that have been building for a long time, including devastating droughts, will likely keep hamburger and steak prices steady — and relatively expensive. In part, that’s because there’s less beef. A contraction in beef supplies “has been coming for a while,” said David Anderson, a professor in Texas A&M University’s agricultural economics department. “We’re starting to see the effects that we knew were going to be coming for a couple of years.” When extreme drought hit…
For the past year, it’s been harder and more expensive for Russians to travel abroad.But some say that’s only the beginning of their concerns.With anti-Russian sentiment on the rise, several Russian citizens spoke to CNBC Travel about their worries, how they’re treated when they travel, and what goes through their minds when people ask where they are from.How traveling has changed for RussiansJulia Azarova, an independent journalist, said she left Russia a year ago. She said she fled Moscow for Istanbul after the invasion of Ukraine, before eventually settling in Lithuania.”I had to leave my own country” or risk imprisonment,…
