Month: May 2023
One-pilot planes are a likelihood as aviation embraces A.I., Emirates president claims
Tim Clark, Emirates president, claims we “may possibly” see a single-pilot plane in the foreseeable future. Tobias Schwarz | Afp | Getty Visuals As the aviation sector starts off to embrace synthetic intelligence, planes flying with just one particular pilot are a risk, in accordance to Emirates President Tim Clark. “You may well see a […]
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Pfizer earnings and revenue top expectations despite Covid vaccine sales decline
Pharmaceutical Pfizer Inc. said that an oral drug for treating COVID-19 could be available by end of 2021. Soumyabrata Roy | NurPhoto | Getty Images Pfizer on Tuesday reported first-quarter revenue and adjusted earnings that topped Wall Street’s expectations, despite a decline in sales driven by the lower demand for the company’s Covid vaccine. Pfizer’s […]
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‘Other issues may possibly be lurking’: Strategist is unconvinced by Jamie Dimon’s bank disaster remarks
Personnel are noticed inside of a First Republic Lender workplace on Might 01, 2023 in San Francisco, California. Justin Sullivan | Getty Images JPMorgan Chase CEO Jamie Dimon’s assertion that latest turmoil in the banking sector was proficiently finished by the resolution of 1st Republic could be premature, just one analyst suggested. The Wall Avenue […]
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Tesla hikes costs in U.S., China and other markets just after multiple cuts
Visitors check a Tesla Model 3 car or truck future to a Model Y shown at a showroom of the U.S. electric powered car or truck (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla hiked the selling price of quite a few vehicles in key marketplaces, such as the U.S. […]
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Euro zone main inflation slows unexpectedly in April, blurring the picture for price hikes
Detail of a fish and seafood stall at the Central Marketplace of Valencia, Spain. Europa Push Information | Europa Press | Getty Images The headline inflation level in the euro zone rose in April, according to preliminary information released Tuesday, remaining significantly over degrees focused by the European Central Bank but core selling price growth […]
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‘We like competition’: Qatar Airways CEO welcomes new Saudi provider
A Qatar Airways Boeing 777-200LR traveling out of Malaga Costa del Sol airport. Sopa Photographs | Lightrocket | Getty Photos Qatar Airways claims it welcomes the competition from the new Saudi Arabian flag carrier Riyadh Air, despite the fact that acknowledging a vary of worries and headwinds that the broader field is at this time […]
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Singapore’s major loan company expects net curiosity margins will decline, but sees other growth motorists
Singapore’s largest loan provider DBS Group Holdings expects web curiosity income to taper off in the potential, but the financial institution is self-assured that it can trip on other drivers likely forward, these as a advancement in loans and payment revenue. On Tuesday, DBS reported file income and web revenue for the initial quarter. Profits […]
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Ukraine war are living updates: Putin warned of arrest if he attends summit Russia had 100,000 casualties in 5 months, U.S. suggests
Putin warned he could be arrested if he attends BRICS summit South African authorities warned that they would be compelled to detain the president just after a warrant for his arrest issued in March by the International Prison Court docket in The Hague. Getty Images Russian President Vladimir Putin was warned he could be arrested […]
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Vice Media reportedly preparing to file for individual bankruptcy
Vice Media workplaces show the Vice symbol in Venice, California. Mario Tama | Getty Pictures Vice Media Team, the business powering common media sites this sort of as Vice and Motherboard, is preparing to file for personal bankruptcy, the New York Moments described on Monday, citing people today with awareness of its functions. The media […]
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In race for effective EVs, Mercedes faucets F1 team to preserve up with Tesla
Lewis Hamilton of Great Britain drives the Mercedes AMG Petronas F1 Group W13 on race working day all through the 2023 Australian Grand Prix at Albert Park on April 2, 2023 in Melbourne. Chris Putnam | Upcoming Publishing | Getty Photos Mercedes-Benz has plugged its Components One team into the engineering approach to make vastly […]
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