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Showing posts from July, 2019

News in the vehicle-making industry

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BMW will have a smaller and cheaper crossover than the X1. BMW is in search of new segments of the car market to fill them with their latest models. The company bet on expanding the line of crossovers. The Bavarian automaker is ready to release the smallest crossover, which will be smaller and more affordable at a price than the BMW X1. While engineers are developing a new model, the marketing department is struggling with the naming problem. Now the names of crossovers consist of the letter X and a number indicating their place in the hierarchy of the model range. The smallest crossover is the X1. Can an even more compact model be called the X0? No, since 0 causes ambiguous associations. Decimals were also excluded. Therefore, the novelty is likely to receive the name, Urban X. Sumitomo Rubber Industries with Professor Hiroshi Tani from Kansai University in the city of Suita (Osaka, Japan) is developing a kind of "energy harvester." It is a system that can collect a

Waste Management hits all expectations

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The Company, through its subsidiaries, is a provider of waste management environmental services. The Company's segments include Solid Waste and Other. The Company's Solid Waste segment includes its stable waste business. The other part includes its Strategic Business Solutions (WMSBS) organization which landfill gas-to-energy operations and third-party subcontract. Waste Management Company, operating in the field of collection, transportation, recycling and disposal of waste, published financial results for the second quarter. The Company's revenue in the reporting period jumped by 5.5% to $ 3.95 billion (due to an increase in tariffs and the volume of garbage collection) compared to $ 3.739 billion a year earlier. Net income in Q2 amounted $ 381 million, or $ 0.89 per share, compared with $ 499 million, or $ 1.15 per share a year earlier. Adjusted net income (excluding costs of union, uptakes and one-time write-offs) was $ 470 million or $ 1.11 per share, compared

Twitter shares are in green

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Twitter – is one of the most popular social networks for public messaging using a web interface, SMS, instant messaging. According to Alexa Internet, Twitter is rated as one of the ten most-visited websites worldwide. Twitter Inc (TWTR.N) published data on Friday, July 26 of income. The company's revenue was higher than expected in the second quarter. The number of daily users who see ads on the site has grown due to changes showing more tied in with content to users. As a result, its shares popped over by 5%. Nevertheless, the company itself forecasts profit in the third quarter below many estimates of Wall Street. The head of Twitter assumes that yield growth will get behind the first two quarters, including the termination of the use of some old advertising formats. Revenues and the number of Twitter users have been in the spotlight since the social networking platform began to delete millions of spam or fake accounts. The developers deleted only user accounts that prom

NASA is planning a new mission to the moon

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NASA is creating a new spacesuit for the lunar mission of Artemis. Space Agency intends to organize a new lunar mission of Artemis, and for this, by 2024, it’s needed to work out a new spacesuit. It must be flexible enough to allow astronauts to bend when they study and collect samples. At the same time, it must be reliable and safe to work in open space. Although at first glance, this task may seem simple, it requires many technological and engineering solutions. A spacesuit is a massive unit that effectively performs the role of a spacecraft and is made in the shape of a human. At the same time, NASA engineers want the astronauts not to feel the spacesuit on themselves, and the execution of tasks in space and on the surface of the moon resembled to work in an ordinary shirt. The team of spacesuit developers must look for new ways to create parts of space protective clothing. Due to the using of 3D printing and other technologies, it is planned to make costumes lighter and

Rising on the USA part of the market

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On Tuesday, July 23, US stocks indexes demonstrated increasing vector. Apple shares gained by 2.3% to $ 207.22, which had the best dynamic among the Dow Jones Industrial Average components, due to an improvement in the target stock price by Morgan Stanley analyst Katie Huberty from $ 231 to $ 247. This week, reports for the past quarter is going to release about 140 companies included in the Standard & Poor's 500 indexes, as well as a third of the Dow Jones companies. Among the companies of the S & P 500, which already informed about the second quarter, 79% outmatched market predictions concerning profits per share, and 63% in terms of revenues, according to RBC Capital Markets. CFRA Senior Investment Strategist Sam Stovol commented: "Investor optimism is maintained by better than assumed reporting by companies for the second quarter, as well as expectations of descent in the Federal Reserve (Fed) at the end of the month". Traders stay on

Top European countries for doing business

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United Kingdom Although the position of the UK has been decreased because of Brexit, it remains an attractive jurisdiction for doing business. In 2019, the United Kingdom ranked 9th, scoring 82.65 points of the favorable environment to start a business. Analysts referred this to a certain slowdown in the turnover of the largest companies in the country, as well as the withdrawal of certain banks to other countries. But the benefits of doing business in the UK are still the same: GDP is growing at 1.8% per year. Inflation is slight - only 0.7%. Appropriate conditions for the development of agricultural enterprises and the industrial sector - the presence of fertile land, automated production, and processing processes. A significant amount of energy exports. The headquarters of the world's most significant concerns are located in the UK. The highly developed banking system, insurance, and business services. Denmark Denmark is stil

Natural gas price is a delight for eyes

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There is a new era when oil value is higher than gas has. While oil worth keeps lifting, natural gas is gaining momentum in falling. In the second quarter, the exchange prices for natural gas finally broke away from oil prices. While oil prices are on average at a comfortable level of $ 65 per barrel, in Europe the cost of gas on the exchange is at ten years minimum - $ 110 per thousand cubic meters, the value of LNG in Asia is $ 170 per thousand cubic meters. Why did this situation come up? There are at least several roots. The first one, exchange figures, reflect only a part of the international gas trade and LNG. And the same Qatari, Australian LNG is supplied to Asian markets mainly with oil rate. June 20 futures set at 2.185 dollars per million British thermal units, which is on the most decreasing spot for the contract for the first month since 2016. This marked a breakthrough in the range from about 2.30 to 3.60 dollars from January. Thursday futures amounted

What second quarter prepares for Tesla?

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In the first quarter of 2019 Tesla Inc. Reported about damages, which were not expected. Nevertheless, the company has published information for the second quarter about top-level of delivery. Nobody could predict such kind of news from Tesla, so it inspires hope for investors. Despite a not favorable environment of the Q1, it’s hard to forget gainful figures of the 4th quarter of the previous year, and peak deliveries of 90,700 vehicles. But the point is whether the corporation can make a profit by breaking the 4th quarter production record. There are several key matters of the demand, that should be taken into consideration: Start producing more affordable Model 3. Making main auto model costs $35,000 instead of $60,000. The diminution of the Model S sedan and the Model X SUV, that is for 17,650 pricy than the in last quarter, but still below 22,300 Q4. Thus, the growth of the delivering should motivate felling of earning from the motor segment of the market, sinc

Norway real estate market gets stronger

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During the last eight years, the property market in Norway has a growing trend. And now, it seems to get stability; it also has had to toughen hypothecation norms and lifting mortgage. According to Statistics Norway data, housing price index inched up by 2.27% during 2018. Considering inflation, Norwegian house prices on the real estate market brought up by 0.16%. During the last quarter, countrywide prices for dwelling scaled down by 2.35%, 3.27% inflation-adjusted. There is a list of cities, where property worth rose the most. Oslo had the biggest annual price lifting by 4.45% (2.28% inflation-adjusted) in 2018, in opposite to dropped by3.01% (-5.16% inflation-adjusted) during the previous year, 2017. And now it takes a steady position on the property market. Bergen, the accommodation price index lightly increased by 1.51% (but fell by 0.59% adjusted for inflation). In the last quarter, housing prices got lower by 2.42% compared with the previous quarter (- 3.34% adjusted for

Ford and Volkswagen have created a global alliance

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Auto giants Volkswagen and Ford decided to unite and create autopilot. Heads of two large companies have started to elaborate autopilots on the modular platform MEB of the German interest. Automakers reached consent on producing a global union after several months of negotiations. In 2018, the duo was discussing joining forces to create building for the new mid-sized pickup and commercial van. It is specified that Ford is using the MEB structure for a totally new electric model, which will be produced for the European market at an enterprise in German Cologne. Release of new samples will start in 2023. Since 2016, Volkswagen has already invested $ 7 million in the MEB platform. It should be the foundation for approximately 15 million eco-oriented cars that will be released under the brands of Volkswagen, Audi, Skoda, and Seat. The first created model is going to be the Volkswagen ID.3 hatchback - its first will take place in the fall-2019 at the Frankfurt Motor Show. Furth

Most promising cities for investment in UK

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Great Britain goes through rough times because the Brexit, economical environment could be better, but still there are always a lot of investment that you can make in such leading country. Let’s take a look real estate market and try to find where you can invest to and have a chance to make a profit. Analyzing this market experts set off a list of most conducive cities for investments in real estate area. Birmingham . This place always attracts depositors, which gladly invest in the development of local infrastructure, real estate market and even business. As specialists predict the population of the amazing town has a possibility to increase by 13.5%, that is to say from the current 1.1 million. up to 1.3 million until 2039. There is a plan of opening railway that connects London, Birmingham, Leeds and Manchester, the capital can be reached in 25 minutes. In consequence prices of local housing has jumped in by 36.8%. Over the next three years, prices are presumed to rise by a