Elon Musk says Tesla’s new car factories ‘losing billions of dollars’

SAN FRANCISCO (REUTERS, BLOOMBERG) – Tesla’s new car factories in Texas and Berlin are “losing billions of dollars” as they struggle to increase production because of a shortage of batteries and China port issues, chief executive Elon Musk said in an interview published on Wednesday (June 22). “Both Berlin and Austin factories are gigantic money […]

Why the Fed is risking a recession

NEW YORK (NYTIMES) – Recession fears are ramping up as the US Federal Reserve embarks upon an aggressive campaign to raise interest rates, and politicians and members of the public are increasingly questioning why central bankers are planning to cause the economy pain. The short answer is: This is the tool the Fed has to […]

US Fed chief Powell warns US recession ‘certainly a possibility’

WASHINGTON (BLOOMBERG) – Federal Reserve chair Jerome Powell gave his most explicit acknowledgement to date that steep interest rate hikes could tip the United States economy into recession, saying one is possible and calling a soft landing “very challenging”, “The other risk, though, is that we would not manage to restore price stability and that […]

Blue Hat Interactive Entertainment Technology Terminates Its Previously Proposed Shelf Takedown Offering

XIAMEN, China, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Blue Hat Interactive Entertainment Technology (“BHAT” or the “Company”) (NASDAQ: BHAT), a producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China, announced today that it has determined not to proceed with the previously announced underwritten public offering of […]

Depression Therapist Hong Kong – Maple Tree Counselling Offers Stress And Anxiety Therapy in HK

Central, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Central, Hong Kong – Maple Tree Counselling is a boutique therapy practice in Central, Hong Kong. Therapy is generally aimed at helping clients develop a stronger sense of self awareness so they can facilitate change in their own lives to improve their mental health. Some forms […]

Best Dog Wipes On Amazon For Allergies – Pogi’s Pet Wipes For Dog Paws And Dog Bum Launched

Hong Kong Island, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Hong Kong Island, Hong Kong – Pogi’s Pet Supplies, a Hong Kong-based online retailer of eco-friendly pet care products, is pleased to acknowledge the popularity of Pogi’s Grooming Wipes, hypoallergenic pet wipes for dogs and cats. The product is plant-based, earth-friendly and deodorizing as […]

HOBEU emerges as the following upcoming crypto exchange in the market

HOBEU exchange mainly provides safe, professional, and convenient Bitcoin, Ethereum, Binance Coin, Tether, and other high-quality digital asset transaction matching and exchange services for blockchain enthusiasts worldwide. Hong Kong, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — More people are interested in cryptocurrency, from financial institutions to everyday investors. To get in on the action, […]

Athenex 宣佈向 Sagard Healthcare Partners 和 Oaktree 出售 Klisyri® (tirbanibulin) 來自美國和歐洲特許權及里程碑權益的收入

公司執行策略,透過將非核心資產獲利以擴展現金流 總交易額為 8,500 萬美元;至少 8,000 萬美元將用於償還債務並為營運提供資金 紐約水牛城, June 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Athenex, Inc. (NASDAQ: ATNX)…

Eisai Publishes Potential Economic Value of Investigational Lecanemab in Peer-Reviewed Neurology and Therapy Journal

TOKYO, Jun 22, 2022 – (JCN Newswire via SEAPRWire.com) – Eisai Co., Ltd. today announced publication of results from an early phase evaluation that aimed to estimate potential economic value of its investigational anti-amyloid-beta (Abeta) protofibril antibody lecanemab in people living with early Alzheimer’s disease (AD) using a validated disease simulation model, AD Archimedes Condition […]

Tracing Pertamina’s cost efficiency amid high global oil prices

JAKARTA, Jun 22, 2022 – (ACN Newswire via SEAPRWire.com) – State-owned oil and gas firm PT Pertamina (Persero) succeeded in achieving cost optimization of US$2.21 billion in 2021 amid high global crude oil prices. Pertamina. gas station ANTARA/HO – PT. Pertamina Patra Niaga Regional Kalimantan. “Through this business strategy, in 2021, Pertamina succeeded in cost […]

Pertamina posts record net profit of Rp29.3 trillion

JAKARTA, Jun 22, 2022 – (ACN Newswire via SEAPRWire.com) – State-owned oil and gas firm PT Pertamina (Persero) posted a record net profit of Rp29.3 trillion in 2021 following a successful business transformation. President director of Pertamina, Nicke Widyawati, addressing an online press conference on Pertamina’s participation in the Dubai Expo, which was accessed from […]

Jubilee Industries Holdings welcomes strategic investor, value-unlocking and synergies to support further growth

SINGAPORE, Jun 22, 2022 – (ACN Newswire via SEAPRWire.com) – Catalist-listed Jubilee Industries Holdings Ltd has entered into a Sales and Purchase Agreement (SPA) with UPC Electronics Pte. Ltd. (Purchaser) for the sale of the Company’s 14% stake in WE Components Pte. Ltd. (WEC), the Group’s EBU (Disposal). The Disposal offers significant synergies with the […]