Año: 2024

Rocket Lab sees strong growth and secures first customer for Neutron launch

Rocket Lab sees strong growth and secures first customer for Neutron launch

Rocket Lab recently made headlines with the announcement of significant third-quarter results, which led to a surge in its shares in after-hours trading. The space infrastructure company reported a notable increase in revenue, reaching $104.8 million, a 55% increase from $67.6 million in the same period last year. This figure exceeded Wall Street expectations, which expected revenue of approximately $102 million. Despite the impressive revenue growth, Rocket Lab reported a widening net loss, which grew to $51.9 million from $40.6 million a year earlier. However, the company's loss was 10 cents per share, slightly better than analysts' forecasts of a…
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The Fed's interest rate outlook could change with Trump's tariff plans

The Fed's interest rate outlook could change with Trump's tariff plans

Former Federal Reserve policymaker Loretta Mester has indicated that the US Federal Reserve may implement fewer interest rate cuts than previously expected next year, particularly if President-elect Donald Trump's proposed global tariffs are implemented. Speaking at UBS's annual European conference in London, Mester stressed that the Fed's monetary policy will be significantly influenced by the fiscal strategies of a future Republican administration. Mester noted that the market's revised expectations for interest rate cuts may actually be correct, suggesting that the number of cuts may be fewer than the four previously expected. “Next year, the pace of cuts will be influenced…
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Kemi Badenoch appointed as new leader of the Conservative Party

Kemi Badenoch appointed as new leader of the Conservative Party

On 2 October 2024, Kemi Badenoch was elected as the new leader of the British Conservative Party, marking a significant change in the party's direction after a major election defeat. Badenoch, who previously served under former Prime Minister Rishi Sunak, successfully defeated Robert Jenrick, receiving 53,806 votes to Jenrick's 41,388 in a contest characterized by intense competition and tactical voting among Conservative Members of Parliament (MP). Voter turnout for the leadership election was 72.8%. In his maiden speech as leader, Badenoch expressed his gratitude for the role, stressing the need for the party to recognize its past mistakes and adapt…
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Anthony Davis exits the game after suffering an injury during the Lakers game

Anthony Davis exits the game after suffering an injury during the Lakers game

During the third quarter of the game against the Toronto Raptors on Sunday night, Anthony Davis had to leave the court after suffering a facial injury while attempting to block a Jakob Poeltl dunk. Davis performed a one-handed block, but in the process Poeltl inadvertently hit him in the face and eye with his other hand. Following the incident, the Lakers announced that Davis would not return to the game due to a left eye injury, which is especially concerning given that he suffered a corneal abrasion in the same eye just last season. The injury occurred in front of…
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Airfares to Europe fall as competition grows

Airfares to Europe fall as competition grows

As of June 28, 2024, flights between the United States and Europe are seeing the lowest prices in three years, coinciding with a period in which many countries have eased anti-COVID-19 restrictions. This trend is particularly evident during the typically slower autumn and winter months, outside of major holidays. Current price trends Average fares for transatlantic flights to Europe in November are $578, down from $619 a year earlier, according to flight tracking firm Hopper. This is the lowest fare for November since 2021, when prices were $479 amid a significant decline in international travel due to the pandemic. Looking…
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