Newsletter
Q2 Losses for Latam Airlines almost hit 1 billion USD
LATAM Airlines (OTCPK: LTMAQ): net loss of $ 890 million in the second quarter compared to a loss of $ 62.8 million in the second quarter of 2019. Revenue of $ 571.88 million (-75.9% y / y) beats $ 285.58 million. The 75.9% decrease in revenue was composed of …
Ivanhoe partners with Chinese mining conglomerate
Canada's Ivanhoe Mines announced an agreement with China Nonferrous Metal Mining (Group) Co. Ltd (CNMC) on Tuesday, under which the companies would jointly seek out African mining projects for exploration, development or acquisition. Ivanhoe co-chairs Robert …
Fortescue Metals will be shifting machines from diesel to alternative energies
With an A $ 1 million grant from the state of Western Australia, Fortescue Metals Group (ASX: FMG) said Monday that their future bus transportation fleet will be powered by fuel cell technology. The Australian iron ore miner is adding 10 full-size hydrogen …
Merck´s new cancer treatment receives FDA approval
The U.S. The Food and Drug Administration (FDA) has given Merck & Co. the designation "Breakthrough Therapy". (NYSE: MRK) granted the name of the novel HIF-2α inhibitor MK-6482. The product is a novel test candidate and one of Merck's oncology products is …
Legalization does not influence user behaviour, study indicates
Much speculation has been made about whether teenage cannabis use has increased or decreased due to legalization and medical acceptance in the US states. Some studies have looked for a positive impact on reducing teenage use, while critics claimed cannabis is …
Scientists make strong advances in Ketamine research
Ketamine remains a drug that, despite increasing research, lacks definitive answers. However, since its discovery in 1962, researchers have succeeded in collating research and anecdotal findings. Much of this finding would show that its first use as an …
Demand for Gym Equipment likely to increase after end of pandemic
One thing we know for sure is that the pandemic will eventually be behind us. And that couldn't be long. According to the experts, we can probably look forward to a few years of vaccinations and booster vaccinations. But the fear of a deadly pathogen to which …
World´s Largest Energy Storage facility will be in Monterey, California
Tesla Inc (NASDAQ: TSLA) and PG&E have begun building the world's largest energy storage system. The record breaking system will feed up to 730 megawatt hours (MWh) of energy into the power grid using 256 of Tesla's lithium-ion (Li-ion) megapacks. Tesla says …
Chinese government pushes large coal merger forward
China has approved the merger of two of Shandong Province's leading state-owned coal mines, Shandong Energy Group and Yankuang Group. This decision creates a new large company that is one of the world's leading producers and consumers of fossil fuels. The …
Platina Resources shifts focus on gold mining
Platina Resources (ASX: PGM) believes it can capitalize on investors' interest in gold. The company said today that it "quickly turned the business" and built a gold portfolio. In early June, the company entered into a conditional agreement to acquire a 100% …