Newsletter
Samsung is moving out of China
Samsung, the South Korean electronics giant, will cease production at its last computer factory in China as it moves production out of the country. The move follows the closure of its last smartphone factory in China last year, leaving only two chip …
A Beginner´s Guide to Junior Mining Stocks
Due to the speculative nature of the junior mining business model as well as the geological uncertainty around mineral resource estimates, investments into junior mining stocks offer huge return potential but also carry an equivalent amount of risk. \\How to …
Higher gold price increases earnings for Centamin
Egyptian gold mine operator Centamin (LON: CEY) (TSX: CEE) on Tuesday reported a staggering 280% increase in net income for the first half of 2020 compared to the same period last year, reflecting higher production from its flagship mine Sukari, falling costs …
Diageo´s revenues hit by lockdown in first half of the year
Diageo, the world's largest alcohol maker, said total net sales for the fiscal year fell 8.7% to £ 11.8 billion ($ 15.4 billion). Diageo CEO Ivan Menezes said in the release that the COVID-19 pandemic more than wiped out gains made in the first half of the …
FDA starts recall for certain hemp products in the US
The Food and Drug Administration (FDA) is issuing a voluntary recall affecting dozens of hemp products for pets and humans. The Florida Department of Health recently informed MHR Brands of a lead contamination. MHR Brands first announced the recall last month …
A new glas-like Lithium could open up millions of possibilities for battery makers
Scientists at the University of California San Diego and the Idaho National Laboratory first glimpsed the non-crystalline "glassy" lithium that forms in the earliest stages of lithium charging. During such stages, slow, low-energy charging causes the …
Low demand might force OPEC+ to further lower their pricing
After the world's largest petroleum exporter, Saudi Arabia increased its crude oil prices for three consecutive months, it is widely expected that Saudi Arabia will make the first cut in its Official Sales Prices (OSPs) since the OPEC + group began its …
The time has come for the world´s largest nuclear fusion reactor
What do The Dark Knight Rises, Back to the Future, Oblivion and Interstellar have in common? It's sci-fi mega-hits showcasing a technology that scientists consider the Holy Grail of energy: nuclear fusion. Since the 1950s, moviegoers, scientists, and clean …
Cannabis imports continue to grow in Germany
Germany may no longer be the largest importer of medical cannabis, but that doesn't mean the country doesn't have huge amounts of imports. The country lost its first spot to Israel earlier this month, but Germany has seen tumultuous growth since legislation …
Strong sales in Q2 give Beyond Meat a much needed push
Beyond Meat (NASDAQ: BYND) reports that second-quarter revenue grew 69% year-over-year to $ 113.3 million, despite weaker demand from the foodservice channel. Volume growth during the quarter was primarily driven by increased sales in the retail channel, which …