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        Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

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        Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

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            Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

            Tornadoes and storms hit Arkansas, Illinois, Indiana and other states – The Washington Post

            Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

            San Francisco's Chinatown Business Suffers Two Break-Ins – NBC Bay Area

            Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

            Babylon Bee CEO: The world is difficult to satirize right now because it’s so insane – Fox News

            Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

            Second Chance Education (SCE) Signature Features – World – ReliefWeb

            Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

            CTU Members Take Legal Action Against Union for Political Spending – WTTW News

            Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

            Wynne, Arkansas Takes Direct Hit From Violent Tornado – FOX Weather

            Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

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              Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

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              Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

              Cano Health’s Board Drama Comes As Primary Care Firms Try To Attract Buyers – Forbes

              Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

              Food Friday: Italian cooking with James Beard nominated Wisconsin … – Wisconsin Public Radio

              Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

              Bay Cliff Health Camp in need of counselors for summer – WLUC

              Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

              How 100 Top Tables’ Best Chef Silas Li is transforming Chinese cooking – South China Morning Post

              Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

              Costa Mesa Boys & Girls Club class puts 'kid' in kidney health – Los Angeles Times

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                Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                Padres Agree to 7-Year Extension with All-Star Infielder – Sports Illustrated

                Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                Student artists bring life to King Hall stairway – The Bulletin

                Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                Diamondbacks' uneven Opening Day points to more potential than promise – FOX Sports

                Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                Fancy food hall, high end shopping coming to Park Square in Uptown – KRQE News 13

                Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                Kentucky Senate passes bill legalizing sports betting, sends to Beshear – Courier Journal

                Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                ‘Murder Mystery 2: Jennifer Aniston refuses to stand next to Adam Sandler – Geo News

                Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                Milwaukee takes on Boston after Holiday's 51-point showing – FOX Sports

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                  Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

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                  Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                  Like a Cable Boss: Connecting Medical Technology – DVIDS

                  Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                  Local Author To Be Published Using State-Of-The-Art Technology – Yellow Scene

                  Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                  Will Pentagon Rush To Buy Ammo Advance New “Open Energetics Architecture” Technologies? – Forbes

                  Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                  Marvell Technology: Upgrade To Buy Post-Haircut (NASDAQ:MRVL) – Seeking Alpha

                  Biden State of the Union address likely boosted Democrats' 2024 confidence – NPR

                  Forum Energy Technologies Awarded Approximately $25 Million Contract to Provide Desalter Systems to Saudi Aramco – Yahoo Finance

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                  Business this week | The world this week

                  by Editor
                  February 11, 2021
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                  Business this week | The world this week
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                  Bitcoin surged to a record high, after Tesla revealed that it had bought $1.5bn-worth of the cryptocurrency and would accept it as payment for its cars. Elon Musk’s recent musings on digital money have bolstered the claims of bitcoin backers that it will one day be mainstream legal tender. Tesla’s investment in such a volatile market is a risky bet, however, and blemishes its green credentials. The amount of computer energy needed to mine bitcoin accounts for 0.56% of the world’s total electricity consumption, according to the Cambridge Centre for Alternative Finance.

                  Oil prices were at their highest level in over a year. Brent crude rose above $60 a barrel; in April last year, the early days of the coronavirus crisis, it had dropped below $20. Prices have been on a steady ascent since October, fuelled in part by more curtailments to Saudi Arabia’s output and a pick-up in demand from China; oil imports there are thought to have jumped by a third in January, from December. See article.

                  Kuaishou’s share price continued climbing, days after its IPO in Hong Kong raised $5.4bn, the biggest stockmarket flotation in the tech industry since Uber. A rival to TikTok (known as Douyin in China), Kuaishou’s stock rose by 160% on the first day of trading.

                  Meanwhile, court filings in America suggested that the Justice Department under the new Biden administration is reviewing whether TikTok is a threat to national security, a claim the Trump administration made citing data-privacy issues. There were reports that the sale of TikTok’s American operations to Oracle and Walmart would not go ahead.

                  What do you say, Joe?

                  Huawei, a Chinese maker of network equipment, filed a new legal challenge to the American government’s designation of it as a national-security threat, this time against the Federal Communications Commission. Ren Zhengfei, Huawei’s boss, said he would welcome a call from Joe Biden to discuss the situation.

                  Higher rates to carry sea freight between Asia and Europe helped Maersk, the world’s biggest container shipping line, to almost double its quarterly profit. Freight prices jumped amid a resurgence in global demand for imports last year, and a shortage of empty containers to ship them in.

                  SoftBank’s Vision Fund reported a record quarterly profit, as the value of its investments in tech firms such as Uber was lifted by rising stockmarkets. Despite booking losses from its colossal trades in derivatives, which eventually led to it being dubbed the “Nasdaq whale”, the Japanese conglomerate made an overall quarterly net profit of ¥1.17trn ($11.1bn).

                  A big jump in sales from Uber’s food-delivery business was not enough to offset a sharp drop in revenues from its ride-hailing service last year, driving it to an annual loss of $6.8bn. Still, that was an improvement on the $8.5bn it lost in 2019.

                  Ocado’s annual earnings shone a little more light on consumer behaviour during the pandemic. Based in Britain, Ocado provides a logistics platform for online supermarket sales. Revenues rose by 35% for the year ending November 29th. Because of capacity constraints, Ocado’s number of customers actually fell, but this was offset by an increase in the average size of an order from £106 to £137 ($147 to $190). The company believes that the pandemic has shifted consumers towards more online shopping “for good”.

                  Heineken decided to shed 8,000 jobs, or nearly 10% of its workforce, as lockdowns cut into sales, pushing the Dutch brewer to an annual loss. In Britain beer sales drooped by 56% last year, according to the industry’s association. It urged the government to remove restrictions on what and when pubs and bars can serve customers when the current lockdown eases, or else thousands of pubs will be forced to close.

                  Vale agreed to pay $7bn to the Brazilian state of Minas Gerais in compensation for the collapse of the Brumadinho dam two years ago, which killed at least 270 people. The dam had held iron-ore waste from one of the Brazilian company’s mines. The reparations settlement was described as the biggest ever in Latin America.

                  So how’s it going?

                  JD Sports, a British retailer, plans to open a new distribution centre in the European Union, because of what its chairman described as worse-than-expected Brexit red tape that is causing delays to European shipments. Britain’s Brexit negotiator, David Frost, said that the new relationship was more “bumpy” than he had hoped, but blamed the EU for “niggling border issues”. Meanwhile, Andrew Bailey, the governor of the Bank of England, lambasted the EU’s inflexible attitude over post-Brexit arrangements for Britain’s financial services, saying this was “unrealistic, dangerous and inconsistent with practice”. Negotiations with Brussels are continuing.

                  This article appeared in the The world this week section of the print edition under the headline “Business this week”



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