Author: i2wtc

Aircraft manufacturer Boeing (BA) is currently in the headlines after pleading guilty to criminal fraud stemming from two fatal plane crashes that killed 346 passengers. Two of Boeing’s 737 MAX jetliners crashed in 2018, one over Indonesia and the other six months later outside Addis Ababa. Boeing faces a £190.1 million fine and has been ordered to invest at least £355 million over the next three years in improving its compliance and safety programs. That’s not the only deal offered to the company. Federal prosecutors have offered Boeing the choice of pleading guilty or standing trial on a felony charge…

“A slap in the face”, “madness”, “now what should we do?” – these were some of the headlines in French newspapers on Monday after President Emmanuel Macron’s gamble ended in deadlock and a leadership crisis.Macron’s gamble was to call early parliamentary elections to curb the rise of right-wing political forces in the country.But the vote surprisingly dealt a blow to Marine Le Pen’s anti-immigration, eurosceptic National Rally, which dropped to an unexpected third place in official tallies behind Macron’s centrist Ensemble coalition. The New Popular Front, a left-wing coalition of parties headed by Jean-Luc Mélenchon, won the most seats in…

Down icon An icon in the shape of a downward angle. Professor Barry Smith previously worked with UPF companies but left the company after becoming fully aware of the health risks. Getty Images/Barry Smith UPF is common in the Western diet and is associated with serious health problems, including diabetes.Food companies are using sensory scientists to make ultra-processed foods appealing.Sensory expert Professor Barry Smith cut out UPF to lose weight effortlessly. The professor, who previously worked in the production of ultra-processed foods for a multinational food company, learned about the health risks of processed foods, eliminated them from his diet,…

(Bloomberg) — Investors are taking some relief from France’s election failure to produce a clear winner, believing that major policy changes are unlikely while the government remains deadlocked.Most read articles on BloombergFrench shares rose on Monday along with a broader rally in European markets, while bonds and the euro were only modestly moved.Reflecting persistent concerns about the country’s debt burden, spreads on benchmark bonds are still wider than before the election but have narrowed recently as the far-right or far-left are unlikely to be able to push through big spending plans.The CAC 40 index rose 0.4%, recovering from an earlier…

Vertigo 3d The big banks will start reporting their earnings next Friday, 7/12/24. Keep an eye on JPMorgan (JPM), Citigroup (C), and Wells Fargo (WFC). June CPI and PPI data are also due to be released this week, with the CPI on Thursday, July 11th and the PPI on Tuesday, July 23rd. It is scheduled to be released on Friday, July 12, 2024. This table from Briefing.com shows readers projected economic data for the week of July 7, 2024. Consumer credit is due to be released on Monday afternoon and, although it doesn’t usually get much coverage, has been somewhat…

LAS VEGAS — The Oklahoma State football team, anchored by a core of returning offensive players, received the most selections to the USA Today Sports Network All-Big 12 team, which was announced Monday ahead of the league’s football media day at Allegiant Stadium.The Cowboys had six players selected across the team, four of them on the offensive line.Arizona was runner-up with five selections, while conference champion Utah had four. Oklahoma State running back Ollie Gordon II was named the NBA’s Player of the Year, while UCF incoming quarterback KJ Jefferson was named Newcomer of the Year.Kansas State was projected to…

AMSTERDAM (Reuters) – Semiconductor buyers, including Germany’s auto industry, need older generations of computer chips in which Chinese chipmakers are now investing, the chief executive of chip-making equipment maker ASML said in an interview with Germany’s Handelsblatt newspaper on Monday.The comments by Christophe Fouquet, who became CEO of Europe’s largest tech company in April, came as the European Commission began investigating companies including ASML over their views on Chinese companies’ investments in so-called “legacy” chips, a key source of revenue for ASML.”The automotive industry, especially in Germany, needs more chips that are made using simpler and older known technologies,” Fouquet…

Image credit: REUTERS People gather as firefighters work to contain a fire at the Pakistan Stock Exchange building in Karachi. Karachi: A fire broke out at the Pakistan Stock Exchange building in Karachi, Sindh province, on Monday, halting operations at the PSX, police said. No casualties were reported in the blaze, which broke out on the fourth floor of the building, police officials said. The stock exchange reopened to the public in the afternoon after firefighters put out the blaze and began cooling operations. “We inform all TRE security holders and interested parties that trading in all securities has been…

On weekends, Lake Deaton United Methodist Church is a bustling chapel filled with hundreds of worshippers, but after the final Sunday service the chapel transforms into an unofficial gym, with sports taking center stage during the week.”We sometimes joke that the chapel is a permanent athletic center that churches rent on weekends,” said St. Catherine Village President Bob Smith, “and here at The Villages, that combination works perfectly.”When you think of church ministries, Bible studies and prayer meetings might be the first thing that comes to mind, but in Florida’s friendliest hometown, where pickleball courts, golf courses and recreation centers…

KYIV, Ukraine (AP) — A Russian missile struck a children’s hospital in the Ukrainian capital of Kiev on Monday, killing at least seven people, and a separate attack in the central Ukrainian city of Kryvyi Rih killed at least 10 people.Ukrainian President Volodymyr Zelenskiy said in a social media post that Russian barrages targeted five Ukrainian cities, firing more than 40 missiles of different types and destroying apartments and civil infrastructure.Interior Minister Igor Klimenko said at least 20 people were killed and about 50 wounded across the country in Monday morning’s attack. In Kryvyi Rog, 31 were wounded in addition…