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Similar to Rolls Royce plane takes the skies - NewsFlight (September 20th)
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Rolls Royce plane takes the skies - NewsFlight (September 20th)
- 1. Week of September 20, 2021 Rolls Royce’s electric plane takes flight Musk’s SpaceX launches tourists into space August’s Consumer Report impresses the Street Real Estate mammoth Evergrande is up for massive default Rolls Royce, not to be confused with Rolls Royce Motorcars, which BMW owns, is now leading the entry of the air industry into the age of sustainable energy sources.
- 2. 30,500.05 107,680.22 50,715.35 15,132.06 +176.71/+0.58% -3,759.15/-3.37% -592.36/-1.15% -358.11/-2.31% 6,903.91 -59.73/-0.86% 3,613.97 3,041.73 33,896.44 58,490.93 55,246.07 +6.87/+0.19% -29.50/-0.96% -688.44/-1.99% -524.96/-0.89% -1,359.18/-2.40% Markets Tokyo, Japan (Nikkei 225 Index) Frankfurt, Germany (DAX 30 Index) London, UK (FTSE 100 Index) Shanghai, China (SSE Composite Index) Mumbai, India (BSE SENSEX) Singapore (Straits Times Index) São Paolo, Brazil (Bovespa Index) Johannesburg, South Africa (JSE Top 40) Mexico City, Mexico (BMV IPC) New York, USA (Dow Jones Industrial Average) Nikkei 225 Index Bovespa Index BMV Ipc DAX 30 Index FTSE 100 Index SSE Composite Index Straits Times Index Dow Jones BSE SENSEX JSE Top 40
- 3. Market news U.S. Markets spiral in fear as Evergrande threatens assets. Cigarette giant Phillip Morris takes over an Asthma inhaler company. F F Wild Card
- 4. Rolls Royce’s electric plane takes flight Rolls Royce, not to be confused with Rolls Royce Motorcars, which BMW owns, is now leading the entry of the air industry into the age of sustainable energy sources. On Wednesday, the company announced that the maiden flight of the ‘Spirit of Innovation’ was a success. It flew over the U.K. for over 15 minutes, marking the start of extensive safety and functionality tests for this new technology. The company expects to reach speeds of 300 miles per hour with a robust energy pack. Last Week’s Highlights
- 5. The space race keeps heating up as the first tourists were sent to space by Elon Musk’s SpaceX on Wednesday last week. Four tourists were sent to space, as the first civilian crew ever to go to space commercially. The Inspiration 4 was launched from Florida’s Cape Canaveral station with a Cancer patient, a billionaire who self-funded the mission and a teacher. The capsule included provisions and food for a week, although touchdown was expected on Saturday if weather conditions allowed it. Last Week’s Highlights Musk’s SpaceX launches tourists into space
- 6. Real Estate mammoth Evergrande is up for massive default Some companies are too big to fail, Evergrande should be one of those as even the risk of loan default could send chinese markets into peril. And not only Chinese companies and debtors are to worry, if the real estate giant defaults on its loans, markets worldwide may be affected. On Monday markets were spiraling down with fears of Evergrande’s fall, and a crisis is expected if the worst fears are confirmed. Coming Up This Week
- 7. August’s Consumer Report impresses the Street Even as inflation has taken its toll on prices, retail consumers keep going to the stores in better numbers in the US as shown by an unexpected August consumer’s report. Ahead of the holiday season investors had their eyes fixed on this report, even before an important announcement on policy from the FED. Sales jumped a combined 1.8% but excluded important industries such as Auto manufacturers and air travel, due to semiconductor shortages and the delta variant respectively. Coming Up This Week
- 8. · Bitcoin dips to 44,000 on Evergrande fears · U.K. food supplies remain at risk among shortages. · U.S to mandate vaccines for foreign travelers. · Pfizer says its vaccine is safe for children. Enter a new era of free investing and simple banking More Things to Sip On…
- 9. Becoming a smart investor [5 Simple Investment Tips] 6 Steps to set your Personal Financial Goals “While commonly used when talking about the stock market, the terms “bear market” and “bull market” are applicable to almost any tradable assets, from currencies and bonds, commodities and real estate.” Learn more here. “If someone asks you if it’s better to have $100 now or in 1 year, what would be your answer? As rational investors, we instinctively tend to choose the first option, but why? The answer is the time value of money, which basically shows that having $100 now is better than receiving them in the future. ” Learn more here. 20 Side Hustle Ideas to boost your income “Credit card debt is an oddly taboo subject for many of us. Publicly, many shake a finger at the ‘irresponsibility’ of this type of debt. However, in private, we accumulate and avoid our own debt issues.” Learn more here. BILL p a i d vs. $
- 10. DISCLAIMER All market information provided was collected in the afternoon of September 17, 2021. The purpose of NewsFlight is to summarize and make accessible information on a variety of topics within the world of investing and personal finance, and thus cannot be considered formal research or reports. All sources utilized to compile the NewsFlight newsletter are considered trustworthy by the Investium team. Investium Limited is not affiliated with and does not receive remuneration from the news sources used to compile NewsFlight. As well, any images or logos incorporated into the NewsFlight newsletter are not necessarily property of Investium and may solely be included to provide context for the news covered. NewsFlight should not be taken as advice to sell or buy securities or to make any investment. When investing in securities or other financial products, there is always the potential to lose money or asset value. Investium recommends that its users consider their investment objectives and risks before investing. Additionally, any projections or analysis made by authors of NewsFlight cannot be considered as a promise of future trends or returns. Opinions expressed in News Flight are not representative of Investium Limited. Successful investing is about managing risk, not avoiding it. ” “ - Benjamin Graham -