Boeing 737 crashes shortly after takeoff in Iran
* Stories are summarized by an A.I.
* Companies mentioned: BA, SpaceX, TSLA, CITIC, and BP
Boeing 737 crashes shortly after takeoff in Iran
BA (The Boeing Company) | UPI
A Boeing 737 with at least 170 people on board crashed shortly after takeoff from Imam Khomeini International Airport in Tehran on Wednesday, killing all on board, according to Iranian state-news media. The Boeing 737-800 plane was headed to the Ukrainian capital of Kyiv and crashed two minutes into its flight, according to Flightradar24. Ali Khashani, a senior official at Imam Khomeini International Airport, said the crash was likely the result of technical problems. Boeing said in a statement it was aware of the crash and was "gathering more information."
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SpaceX launches 60 more Starlink internet satellites amid astronomer concerns
SpaceX | Digital Trends
SpaceX launched another batch of its Starlink internet satellites on Tuesday evening, marking the beginning of what’s expected to be a rapid uptick in such launches by the space exploration company. This is the third batch of 60 satellites sent into low-Earth orbit by SpaceX as part of its plan to launch its first broadband services sometime this year. Successful deployment of 60 Starlink satellites confirmed! Astronomer concernsOne of the 60 satellites deployed on Tuesday has a special coating applied to one of its surfaces in a bid to make it less reflective when the sun’s rays hit it. If the measure proves effective, all future Starlink satellites would likely receive the same coating.
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Tesla Begins Delivery Of China-Made Model 3s, But Faces Increasing Competition And Shrinking Market
TSLA (Tesla Inc) | Forbes
Although the company has publicly stated its ambition to open more plants across the globe, this is the first Tesla gigafactory outside the United States. Musk also announced that Tesla will make the lower-priced Model Y SUV in the Shanghai factory. The Tesla Inc. Gigafactory stands illuminated at night in this aerial photograph taken in Shanghai, ... [+] China, on Friday, Nov. 1, 2019. “The company will for sure lower prices further,” says Zhang, who estimates that Tesla may even sell as many as 100,000 Model 3s in China this year. “ They’d rather lower the price to get the market, and they want to achieve 100% local sourcing in China.”
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China's CITIC to sell 42.3% stake in McDonald's China operations: filing
CITIC Securities Company Ltd | Reuters
REUTERS/Jason Lee(Reuters) - A unit run by China’s state-owned conglomerate CITIC Group has put up for sale a 42.3% stake in Fast Food Holdings Ltd, which controls the Chinese operations of McDonald’s Corp (MCD.N). Starry Dream Investments currently owns 61.54% of Fast Food Holdings Ltd, the filing said.
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BP Is 'Reshaping' Its U.K. North Sea Portfolio
BP (BP p.l.c.) | Seeking Alpha
Ariel Flores, the head of BP's North Sea, said that the company is "reshaping" its UK North Sea portfolio. Let's talk about BP's North Sea assets and its significance for the company's bottom line. BP also sold interests in the Magnus, Bruce, Keith, and Rhum fields in the northern North Sea in January 2017, which is close to the Andrew field. Ariel Flores, who is the head of BP's North Sea, indicated that the company is in the process of "reshaping" its UK North Sea portfolio and will focus on its "core growth areas" (e.g., Clair and Quad 204, offshore the Shetland, Etap in the central North Sea). I do not mind to see BP selling its UK North Sea "non-core" assets as long as the company can replace the production lost, which is quite significant.
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* Companies mentioned: BA, SpaceX, TSLA, CITIC, and BP
Boeing 737 crashes shortly after takeoff in Iran
BA (The Boeing Company) | UPI
A Boeing 737 with at least 170 people on board crashed shortly after takeoff from Imam Khomeini International Airport in Tehran on Wednesday, killing all on board, according to Iranian state-news media. The Boeing 737-800 plane was headed to the Ukrainian capital of Kyiv and crashed two minutes into its flight, according to Flightradar24. Ali Khashani, a senior official at Imam Khomeini International Airport, said the crash was likely the result of technical problems. Boeing said in a statement it was aware of the crash and was "gathering more information."
Read More
SpaceX launches 60 more Starlink internet satellites amid astronomer concerns
SpaceX | Digital Trends
SpaceX launched another batch of its Starlink internet satellites on Tuesday evening, marking the beginning of what’s expected to be a rapid uptick in such launches by the space exploration company. This is the third batch of 60 satellites sent into low-Earth orbit by SpaceX as part of its plan to launch its first broadband services sometime this year. Successful deployment of 60 Starlink satellites confirmed! Astronomer concernsOne of the 60 satellites deployed on Tuesday has a special coating applied to one of its surfaces in a bid to make it less reflective when the sun’s rays hit it. If the measure proves effective, all future Starlink satellites would likely receive the same coating.
Read More
Tesla Begins Delivery Of China-Made Model 3s, But Faces Increasing Competition And Shrinking Market
TSLA (Tesla Inc) | Forbes
Although the company has publicly stated its ambition to open more plants across the globe, this is the first Tesla gigafactory outside the United States. Musk also announced that Tesla will make the lower-priced Model Y SUV in the Shanghai factory. The Tesla Inc. Gigafactory stands illuminated at night in this aerial photograph taken in Shanghai, ... [+] China, on Friday, Nov. 1, 2019. “The company will for sure lower prices further,” says Zhang, who estimates that Tesla may even sell as many as 100,000 Model 3s in China this year. “ They’d rather lower the price to get the market, and they want to achieve 100% local sourcing in China.”
Read More
China's CITIC to sell 42.3% stake in McDonald's China operations: filing
CITIC Securities Company Ltd | Reuters
REUTERS/Jason Lee(Reuters) - A unit run by China’s state-owned conglomerate CITIC Group has put up for sale a 42.3% stake in Fast Food Holdings Ltd, which controls the Chinese operations of McDonald’s Corp (MCD.N). Starry Dream Investments currently owns 61.54% of Fast Food Holdings Ltd, the filing said.
Read More
BP Is 'Reshaping' Its U.K. North Sea Portfolio
BP (BP p.l.c.) | Seeking Alpha
Ariel Flores, the head of BP's North Sea, said that the company is "reshaping" its UK North Sea portfolio. Let's talk about BP's North Sea assets and its significance for the company's bottom line. BP also sold interests in the Magnus, Bruce, Keith, and Rhum fields in the northern North Sea in January 2017, which is close to the Andrew field. Ariel Flores, who is the head of BP's North Sea, indicated that the company is in the process of "reshaping" its UK North Sea portfolio and will focus on its "core growth areas" (e.g., Clair and Quad 204, offshore the Shetland, Etap in the central North Sea). I do not mind to see BP selling its UK North Sea "non-core" assets as long as the company can replace the production lost, which is quite significant.
Read More
Download Folo, add stock symbols to your watchlist, and get notified.
When you look up U.S or China stock symbols and add them to Watchlist, Folo, an A.I. based news curator will keep you updated with stock news from 270 sources.
Download on the App Store
http://folo.moya.ai
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