February, 2023

• 7 February

  SpaceX awarded shared Nasa contract worth up to $100mn

    Bloomberg Space Exploration Technologies Corp. is part of a payload contract Nasa has awarded for as much as $100 million over a decade. Elon Musk’s rocket launch and satellite operator will share the contract for unspecified “commercial payload processing services” with Astrotech Space Operations LLC, a unit of Lockheed Martin Corp., the government’s space agency has announced in a ...

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• 7 February

  Greece picks banks for Athens airport IPO

    Bloomberg A Greek government-owned fund has picked banks for an initial public offering of its 30% stake in Athens International Airport. The Hellenic Republic Asset Development Fund (HRADF) has chosen Bank of America Corp. and Morgan Stanley to lead work on the share sale, which will likely take place in the second half of the year. It has selected ...

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• 7 February

  US plans to impose 200% tariff on Russia aluminum

  

  Bloomberg The US is preparing to impose a 200% tariff on Russian-made aluminum as soon as this week to keep pressure on Moscow as the one-year anniversary of the invasion of Ukraine nears. The move has been contemplated for months, said the people, who asked not to be identified discussing internal deliberations. The people added that the US is also ...

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• 7 February

  Record UK health strike piles pressure on stretched service

  

  Bloomberg Health care workers are walking out in record numbers this week, crippling the National Health Service and piling pressure on Prime Minister Rishi Sunak to resolve multiple disputes over pay for public-sector workers. Some 100,000 nurses are striking alongside about 10,000 ambulance workers on Monday, with 4,200 physiotherapists walking out on Thursday. Nurses will take action again on Tuesday, ...

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• 7 February

  German factory orders rise more than hoped amid growing optimism

    Bloomberg German factory orders grew more than anticipated in December in the latest sign that Europe’s largest economy will get through the winter without seeing a slump. Demand increased 3.2% from the previous month, more than the 2% rise analysts had predicted in a Bloomberg survey. The jump was due to large orders, without which there would have been ...

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• 7 February

  UK engineering company Vesuvius hit by cyber attack

    Bloomberg UK engineering company Vesuvius Plc said it’s managing a cyber-security incident involving unauthorized access to its systems. The molten metal flow control firm has shut down affected systems and initiated steps to assess the scale of the attack, it said in a statement on Monday. The shares fell as much as 3.1% in early trading in London. The ...

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• 7 February

  Dell to cut about 6,650 jobs, battered by plunging PC sales

  

  Bloomberg Dell Technologies Inc., facing plummeting demand for personal computers, will eliminate about 6,650 jobs, becoming the latest technology company to announce it will let thousands of employees go. The company is experiencing market conditions that “continue to erode with an uncertain future,” Co-Chief Operating Officer Jeff Clarke wrote in a memo viewed by Bloomberg. The reductions amount to about ...

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• 7 February

  Swedish krona falls to 14-year low

    Bloomberg The Swedish krona fell to its lowest level against the euro since 2009 as a downturn in the housing market fueled broader investor concern about the Scandinavian nation’s economy. The currency sank as much as 0.6% to 11.4434 per euro, taking its drop in the past 12 months to more than 8%. The krona could get some support ...

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• 7 February

  World’s top gold miner Newmont offers $17b for Newcrest:

  

    Bloomberg Newmont Corp. is offering $17 billion to acquire Australia’s Newcrest Mining Ltd. and create a global precious metal behemoth in the largest takeover deal globally this year. The takeover, if completed, would also be one of the biggest in Australian history, according to data compiled by Bloomberg. Newcrest jumped as much as 14% in Sydney, the most since ...

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• 7 February

  Ukraine defense chief’s removal put on hold amid security risks

  

    Bloomberg A shakeup involving the replacement of Ukraine’s defense chief may be delayed as President Volodymyr Zelenskiy’s government braces for a Russian offensive. A day after a senior lawmaker in Zelenskiy’s party announced that Defense Minister Oleksii Reznikov will be replaced by Ukraine’s head of military intelligence, a parliamentary official said no decisions on staff changes will be made ...

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