The American military conglomerate Northrop Grumman announced that the program for the new B-21 Raider nuclear bomber brought in $1.6 billion in additional costs in the last quarter of 2023, reports Defense News. It was then that the limited serial production of the avant-garde machine began. When announcing the financial results, the company explained the … Read more
Any business prefers long-term prosperity, wishing longevity to a profitable business. The highly lucrative US shale oil industry has transformed from a marathon race into a sprint race. This approach does not bode well for private business, the state, or the environment. As you know, American mining companies set historical records in old wells. Moreover, … Read more
“This is primarily a consequence of lower economic activity and the stagnant performance of the economies of the EU states,” said managing consultant EGÚ Brno Matěj Hrubý. “It is not related to the application of technical austerity measures. Electricity consumption is falling despite the expected electrification of heating, transport and industry. The lower consumption is … Read more
As part of the effort to improve economic results, the VW brand intends to focus on optimizing purchasing costs, reducing fixed and production costs and increasing sales. He also plans to expand the early retirement program and keep the hiring freeze in place for now. Volkswagen intends to reduce costs in the VW brand by … Read more
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Tesla faces a fine of 861,000 crowns for allegedly neglecting safety during quality control at the factory in Fremont. This led to the injury of one of the employees. The Tesla factory in Fremont, California came under the scrutiny of the authorities after one of the factory’s employees suffered unspecified serious injuries in April of … Read more
The consequences of a wave of deception among pensioners hit the son of the former vice-governor of the Leningrad region. The security forces trained on it. 47news figured out the state’s course. The Frunzensky District Court of St. Petersburg on November 27 (until December 26) arrested three St. Petersburg residents: 20-year-old Vasiliev, 22-year-old businessman Antonov … Read more
More and more people are abandoning the idea of building their own family home this year. Unfavorable mortgages, expensive building materials and unavailable craftsmen have caused a sharp drop in the number of newly started construction of single-family houses, which is comparable only to the cooling of the market in 2013. Until interest rates are … Read more
American shale producers began to actively use the rule that has never failed private business: if something doesn’t work out, pretend to be successful anyway. Things are going badly in the energy sector, but reports of sky-high oil and gas exports are being publicly shown. As it became known last week, US traders receive part … Read more
China tightens export controls on rare earths, a group of chemical elements essential for producing electric vehicles and some weapons (including missiles), requiring exporters to report their type and destinations. In a note, the Ministry of Commerce specified that the tightening will last two years (October 2023-October 2025). The move, a few days before the … Read more