Increased imports of crude oil from Venezuela are contributing to easing fuel prices for consumers in the United States, according to a senior executive from Chevron. Andrew Walz, who oversees global refining operations at the company, indicated that the firm has been intensifying processing activities at its refinery in Pascagoula, Mississippi. The facility is operating …
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Iran Conflict Begins to Weigh on US Economy
The ongoing Iran conflict is increasingly influencing the US economy, with its effects visible in both direct and subtle ways. Rising energy costs have been the most immediate impact, while broader economic consequences are gradually emerging. Despite growing concerns about a potential recession, most economists expect only a limited effect on overall economic growth. Gross …
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China Reaches Historic $1tn Trade Surplus as Export Strength Outpaces Global Challenges
China has crossed a major economic milestone, recording a trade surplus of roughly $1 trillion for the first time. This achievement reflects its entrenched role as a dominant global manufacturing hub, producing a vast range of goods from basic household items to technologically advanced products such as electric vehicles. Data released by the General Administration …
Forefront RF secures £16M to power next-gen connectivity solutions
First-generation product brings RF innovation to the rapidly expanding cellular-enabled wearable space Cambridge, UK, 7 November 24. Forefront RF Ltd, a fabless semiconductor company based in Cambridge, UK, today announced the closure of its £16 million Series A funding round, backed by existing investors BGF and Foresight Group, alongside new VC partners, Octopus Ventures …
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Credit Suisse CEO Joining UBS as Merger Closes in 2 Weeks
Swiss banking giant, UBS, has confirmed that Ulrich Koerner, CEO of Credit Suisse, will join its executive board after acquiring its domestic rival. The two banks will keep operating separately “for the foreseeable future” despite the high-profile merger expected to close within two weeks. Driven by the concern that Credit Suisse may encounter financial difficulty …
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SpaceX To Spend About $2 Billion On Starship This Year, As Elon Musk Pushes To Reach Orbit
With an impressive budget of around $2 billion, SpaceX is dedicated to advancing the development of its Starship rocket, according to Elon Musk. After the recent launch on April 20th, Musk is confident that the next flight will successfully achieve orbit, without requiring any extra financial support. He is optimistic about the program’s progress and …
Google Just Took the Wraps Off Its Long-Awaited ChatGPT Rival: Meet Bard
ChatGPT has taken over the world by storm. It has become the fastest-growing platform, with over 100 million users since its launch on 30 November 2022. It has over 13 million unique users every day, and people are finding new ways to make the best use of the platform. Now, Google is all set to …
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ATC Honored to be Invited to Delaware State University Molecular Diagnostic Lab Ribbon Cutting
January 29, 2021: The ribbon cutting ceremony offered a short respite from Advanced Technology Corp’s work schedule of continuing to roll out and innovate the COVID VADDS platform in addition to doing the same for VADDS and Vetstar. Having worked extensively with many departments within Delaware State University (DSU), it was rewarding to see them …
Silicon Power Installs Innova STS Sub-cycle Transfer Switch at the National Institute of Standards and Technology (NIST)
Maximizing NIST’s Power Resilience for Uninterrupted Operations MALVERN, PA, January 8, 2021 – Silicon Power Corporation today announces the installation of an Innova STS sub-cycle transfer switch at the National Institute of Standards and Technology (NIST) in Boulder, CO. The Innova STS monitors the power quality of two distinct and redundant feeders to the NIST …
AZD1222 vaccine met primary efficacy endpoint in preventing COVID-19
Two different dosing regimens demonstrated efficacy with one showing a better profile. No hospitalisations or severe cases of COVID-19 in participants treated with AZD1222. Positive high-level results from an interim analysis of clinical trials of AZD1222 in the UK and Brazil showed the vaccine was highly effective in preventing COVID-19, the primary endpoint, and no …
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