US Crude Oil Inventories Rise by 6.1M Barrels in the First Week of October
(EIA) The US recorded 427.0 million barrels of crude inventories in the week that ended October 8, up by 6.1 million barrels from the previous week. The inventories are now…
Plug Power Showcases a Zero-Emission Hydrogen Renault Master Van in Symposium
(Greenfleetmagazine) Plug Power Inc. unveiled its first HYVIA hydrogen Renault Master Van H2-TECH prototype at the Plug Power Symposium for 2021. Plug Power CEO Andy Marsh says the Renault Master…
Ripple Embarks on Digital Sterling Trials With the Digital Pound Foundation
(Ripple) Ripple is joining the Digital Pound Foundation for the testing and piloting of a digital pound in the UK. Head of Policy Susan Friedman will represent Ripple as a…
US Producer Prices Rise by a Monthly 0.5% in September as Yearly Index a Record
(BLS) The US posted a 0.5% increase in producer prices, with the index up by 0.5% in September, after an increase of 0.7% in August. The producer prices were up…
TSMC Upgrades Q4 Earnings After Posting a 16.3% Increase in Q3 Revenue
(TSMC) TSMC reported a third quarter revenue of NT$414.67 billion, up 16.3% year over year and an 11.4% jump from the previous quarter. Net income was NT$156.26 billion or earnings…
The U.S. Ranked the World Largest Bitcoin Miner After China Crypto Ban
(Reuters) The U.S. is now ranked as the world’s largest bitcoin mining center after surpassing China following intensified Beijing crackdown. China State Council announced tough regulations for Bitcoin mining and…
President Erdogan Sends the Lira to a Record Low in Latest Central Bank Dismissals
(FT) The Turkish lira reached an all-time low following the dismissal of the country’s central bank officials by President Recep Tayyip Erdogan. In the latest round of dismissals, Erdogan dismissed…
China’s CPI Slows to an Annual 0.7% Increase in Sept. as Factory Prices Hits a Record
(NBS) China posted a 0.7% year over year increase in consumer price inflation in September, lower than August’s 0.8% and expected 0.9% jump. The decline reflected weak demand and a…
CRISPR Therapeutics Post Positive Results From Its CTX 100TM Trial, Targets Approval in Q1, 2022
(CRISPR Therapeutics) CRISPR Therapeutics posted positive updated results from the ongoing Phase 1 CARBON trial evaluating the safety and efficiency of CTX110TM, its allogeneic CAR-T cell therapy targeting CD19+ B-cell…
US Inflation Beats Estimates After a 0.4% Monthly Surge in September
(BLS) US Consumer Price Index ticked higher by 0.4% in September, higher than projected and August’s 0.3% increase. The index was up by 5.4% in the last 12 months, higher…
Koss Surges 23% on Patent Row Relief Against Apple
(Bloomberg Law) Koss Corp. rose more than 23% on Tuesday after the Patent Trial and Appeal Board abandoned reviews of patents challenged by iPhone giant Apple Inc. The patent review…
Binance Seeks to Track Blockchain and Crypto Uptake in a $1 Billion Investment
(Binance) Binance’s crypto unit Binance Smart Chain has launched a $1 billion fund to track digital asset and blockchain technology adoption. An amount of $500 million will be reserved for…
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