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Saudi Chemicals Maker Sabic posts profit when demand is revived

Photographer: Andrey Rudakov / Bloomberg Photographer: Andrey Rudakov / Bloomberg Saudi Basic Industries Corp., the chemical manufacturer in which Saudi Aramco owns a majority stake, returning to profit in the third quarter due to signs that demand is recovering from the effects of coronavirus. The company, known as Sabic, said its third-quarter profit was 1.09 billion riyals ($ 290 million) …

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5 reasons not to worry about another stock crash

There will be another stock price crash. It is not hyperbole. Stock market crashes are predictable. Since 1950 it has S&P 500 has crashed or lost at least 10% of its value on 38 occasions – once every 1.84 years. So you can be pretty sure it will happen again. The unpredictable part of stock market crashes is timing. It …

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3 reasons why Bitcoin suddenly dropped 3% in 1 hour and recovered

Three factors probably triggered a rapid fall in the price of Bitcoin (BTC) on October 25th. First, traders range from $ 13,300 to $ 13,500 as a large resistance area. Second, the futures and options markets are neutralizing. Third, weekend trading apparently amplifies volatility. The $ 13,300- $ 13,500 series is a key area of ​​resistance for Bitcoin in the …

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The controversial technology that could change cruising forever

Not all cruisers were on board as cruise ships began to move toward a more technology-driven experience. As portable technology as Princess Ocean Medallion were introduced, some were pushed back over various concerns, including confidentiality issues. The layers that make up the portable technology from Ocean Medallion. (Photo courtesy of Princess Cruises) Among other criticisms, some guests disliked the idea …

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Amazon (AMZN) Opens 700,000 sqm. Ft Fulfillment Center in Waco, Texas

Amazon.com, Inc. (NASDAQ: AMZN) opens its first fulfillment center in Waco, Texas – expected to launch in 2021. These are the details. Amazon.com, Inc. (NASDAQ: AMZN) announced plans to open its first fulfillment center in Waco, Texas – which is expected to launch in 2021 and will create over 1,000 new full-time jobs. These are the details. In the 700,000-square-foot …

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Lee Kun-hee, who turned South Korea’s Samsung into a global powerhouse, dies at the age of 78

APAC Joyce Lee Cynthia Kim Hyunjoo Jin SEOUL (Reuters) – Lee Kun-hee, who built Samsung Electronics into a global powerhouse in smartphones, semiconductors and televisions, died Sunday after spending more than six years in hospital after a heart attack, the company said. FILE PHOTO: Samsung Group Chairman Lee Kun-hee reacts during a press conference on his resignation at the company’s …

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Maumee bar shares video of staff not wearing masks, no distance

The owner of Dale’s Bar and Grill in Maumee confirmed the video was taken Saturday, but also says his employees do not have to wear masks for certain reasons. MAUMEE, Ohio – Seven months after the pandemic, some companies still do not comply with state health orders, such as the Mask Mandate. Dales’ Bar and Grill in Maumee posted a …

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HHS Releases Redacted Modern COVID-19 Coronavirus Vaccine Contract: Shots

A heavily edited supply contract between the federal government and vaccine developer Moderna, headquartered in Cambridge, Massachusetts, was released Friday. JOSEPH PREZIOSO / AFP via Getty Images hide caption change caption JOSEPH PREZIOSO / AFP via Getty Images A heavily edited supply contract between the federal government and vaccine developer Moderna, headquartered in Cambridge, Massachusetts, was released Friday. JOSEPH PREZIOSO …

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Americans fear rising costs of working from home as the pandemic continues

For Marie Clara-Cantillo’s family, staying at home during the coronavirus pandemic led to an increase in monthly expenses that her family could never have predicted. Clara-Cantillo, a patient educator at a New York-based pharmaceutical company who has always worked from home, said her usual routine has been thwarted by sky-high power supplies, dozens of more meals to cook for her …

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