The European Vega-C rocket was lost shortly after lift-off from French Guiana on Tuesday with two Airbus satellites on board, the company behind the launch said.. "The mission is lost," Stephane Israel, head of commercial launch service provider Arianespace, said from the Kourou Space Center in French Guiana.
The yen held onto gains Wednesday and equity markets rebounded from a plunge the day before fuelled by the shock Bank of Japan decision to shift away from its ultra-loose monetary policy.. "And beyond the Covid shift, Chinese policymakers have taken more decisive steps to support the economy, while broader macro policy continues to ease.
Elon Musk said Tuesday he would resign as chief executive of Twitter once he finds a replacement, in apparent response to a poll he launched that suggested users wanted him to step down.. "I will resign as CEO as soon as I find someone foolish enough to take the job!"
Elon Musk on Tuesday said that he doubted the reliability of a Twitter poll in which a majority of votes said he should step down as a CEO of the company.. But polling company HarrisX on Tuesday tweeted out their own poll of Twitter users, in which 61 percent of respondents voted to keep Musk as CEO. "Interesting.
Many in the United States see TikTok, the highly popular video-sharing app owned by Beijing-based ByteDance, as a threat to national security.. Republicans are also putting pressure on Democrats as US President Joe Biden negotiates a long-term security arrangement for the app to keep operating under Chinese ownership in the United States.
Nike reported flat profits on higher sales Tuesday in results that topped estimates and lifted shares as strong demand helped counter the drag from heavy discounting due to excessive inventory.. In the most recent quarter, Nike's gross margin declined compared with the prior quarter due to higher markdowns, especially in North America, Nike said.
The European Commission on Tuesday conditionally approved the nationalisation of troubled German gas giant Uniper after it was pushed to the brink of collapse following Russia's invasion of Ukraine. . The Commission also gave the green light to the nationalisation of the German subsidiary of Russian gas giant Gazprom in order to save the gas supplier from bankruptcy.
The US Congress is on the cusp of approving a nationwide ban on using TikTok on government devices because of perceived security risks -- thrusting the hugely popular video-sharing platform into a delicate position over Washington's ties to China.. - ‘Ripple effect’ - The fight over the fate of TikTok could soon become a real problem for users once Congress passes the government ban and Biden signs it into law.
US industrial giant 3M announced Tuesday it will phase out production of so-called "forever chemical" PFAS in light of tightening regulation connected to harmful health effects from their use.. 3M said Tuesday that its annual net sales of manufactured PFAS are about $1.3 billion. jmb/tjj
The yen soared to a four-month high against the dollar Tuesday after a surprise tweak to monetary policy by the Bank of Japan, which decided against hiking interest rates to tame decades-high inflation.. Inflation in Japan has risen sharply this year, with the consumer price index in October at 3.6 percent, the highest in four decades, though bank boss Haruhiko Kuroda and other officials have said that would be temporary, citing a lack of strong demand and wage rises.
