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Author: Daniel snow
Swiss franc gains as SNB cuts rates Source link
Lina Khan wants to overthrow “the autocrats of trade.” Source link
Deposing Iran’s Supreme Leader Ayatollah Ali Khamenei and his regime may cause a sustained spike in oil prices Source link
A SpaceX Starship is seen in Boca Chica, Texas in 2023.Patrick T. Fallon | Afp | Getty ImagesA SpaceX Starship rocket on Wednesday exploded at the Starbase facility in Texas during routine testing in preparation for a launch flight, according to local authorities and live stream footage.The rocket “experienced a major anomaly while on a test stand at Starbase” at 11 p.m. local time, SpaceX said on social media, noting “a safety clear area around the site was maintained throughout the operation and all personnel are safe and accounted for.”Local authorities said that Starship “suffered a catastrophic failure and exploded,”…
To be a Net Positive company means you’re not just reducing harm, but actively working toward a better world. Source link
Dollar gains on heightened geopolitical tensions; BoE decision due Source link
The popular chicken chain has turned delighting its customers into its chief competitive advantage. Source link
Asian and European stocks fell on Thursday, and oil futures rose, as reports suggested a U.S. military strike against Iran could happen this weekend. Source link
Zero interest-rate policy is back as Switzerland cuts rates by a quarter-point down to nothing
The era of zero interest-rate policy is back, after the Swiss National Bank on Thursday lowered interest rates to zero. Source link
A large commercial ship floats off the coast in Bushehr, Iran, on January 15, 2025. Bushehr is Iran’s first nuclear seaport.Amir | Afp | Getty ImagesIsrael and Iran’s escalating conflict has significantly driven up the cost of insurance for ships sailing through the Red Sea and Persian Gulf.Marine insurers are now charging 0.2% of the value of a ship for journeys into the Gulf, according to data from the world’s largest insurance broker Marsh McLennan, up from 0.125% prior to Israel’s surprise attack on Iran last week.There has also been an uptick in war risk insurance rates for the Red…