Market Talk – August 26, 2021 | Armstrong Economics armstrongeconomics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from armstrongeconomics.com Daily Mail and Mail on Sunday newspapers.
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Intel Corp said on Monday its factories will start building Qualcomm Inc chips and laid out a roadmap to expand its new foundry business to catch rivals such as Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd by 2025. Intel said on Monday it expects to regain its lead by 2025 and described five sets of chipmaking technologies it will roll out over the next four years.
Indian digital payments firm Paytm expects to launch its initial public offering (IPO) at around the end of October, pending regulatory approvals, Reuters reported. Paytm, which has filed for a 166-billion-rupee ($2.2 billion) IPO that will likely be the largest ever in India, also expects to break even in 18 months, the source familiar with the matter said. The startup, which counts China’s Ant Group and Japan’s SoftBank among its backers, narrowed its operating loss to 16.55 billion rupees in the financial year to end-March 2021 from 24.68 billion a year before.
LIBOR Transition: Potential Higher Interest Rates and Resultant Job Cuts | Arent Fox jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
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Russia and China have presented a plan to build the joint International Lunar Research Station (ILRS). The proposed lunar base is intended to be ready for crewed visits by 2036 and is unrelated to the American-led Artemis program, which has pledged to land “the first woman and person of color” on the moon by 2024, although that date seems increasingly unlikely. The development of ILRS is split into three phases.
India’s airline fleet is expected to contract by 15 to 20 aircraft to less than 700 in the current fiscal year through March 2022, as carriers retire more planes than they induct due to weak passenger demand, consultant CAPA said. Airlines will also be forced to ground 250-300 planes in the first half of the current fiscal year, CAPA estimates, as a surge in COVID-19 infections in the South Asian nation earlier this year roils air travel. Indian carriers are expected to lose $4.1 billion in the current fiscal year on top of a similar loss last y
Financial Risk Management Consulting Market to Witness Huge Growth by 2026 sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.