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10-Q: Quarterly report
Short Interest in OCA Acquisition Corp. (NASDAQ:OCAXW) Increases By 5,720.0%
OCA Acquisition Corp. (NASDAQ:OCAXW – Get Rating) was the target of a large increase in short interest during the month of January. As of January 31st, there was short interest totalling 58,200 share
Report: Investment in space companies reached a record high of more than $10 billion this year
According to a report released by Space Capital this week, private investment in space companies reached 3.9 billion US dollars in the third quarter, driving this year to set a new annual record of 10.3 billion US dollars. “This quarter set a new record for annual space infrastructure investment, surpassing $9.8 billion in 2020,” Space Capital managing partner Chad Anderson wrote in the report. Space Capital's quarterly report divides space industry investments into three technology categories: infrastructure, distribution, and applications. Infrastructure includes what is commonly regarded as aviation
Bank of America Corporation: the Bank of England may raise interest rates twice by May next year.
Bank of America Merrill Lynch said the Bank of England was likely to raise interest rates twice by May to curb soaring inflation, but much would depend on how high unemployment would rise after the end of the government's compulsory leave programme. "the end of the compulsory leave plan is still key," Bank of America Corporation economist Robert Wood wrote in a report. "if all goes well, or if the Bank of England feels current inflationary pressures, it could raise interest rates as early as December and then raise rates for the second time in May next year." The basic scenario forecast for BofA Merrill Lynch is that the UK will raise its benchmark interest rate by 15 basis points to 0.2 in February instead of May.
Japan will launch a new project to popularize L4 autonomous driving by 2025
Japan will officially launch a new project on Wednesday to accelerate the development of autonomous driving technology, with the goal of expanding the use of autonomous vehicles in more than 40 parts of the country by 2025. The project, called “Road to L4”, aims to popularize advanced technologies such as driverless Level 4 (L4), so that vehicles can operate without a driver. According to Japan's Ministry of Economy, Trade and Industry, the project will include technical demonstrations to promote acceptance and understanding. One of the goals is to help revitalize communities in Japan, where the aging population is getting worse. Tatsuki Iza, Assistant Manager, Autonomous Driving Division, Ministry of Economy, Trade and Industry of Japan
Have you thought about environmental issues? Former US Treasury Secretary Summers accuses Biden of trying to lower gasoline prices
Summers said the US should allow gasoline prices to rise because fossil fuels cause global temperatures to rise Summers said the government should adjust trade and economic policies to help lower other commodity prices Former US Treasury Secretary Lawrence Summers criticized Biden's actions to lower gasoline prices, saying that gasoline prices should not be stopped from rising because the use of fossil fuels will cause the global temperature to rise. Summers said in an interview with “Wall Street Week” on Bloomberg TV on Friday that the Biden administration should adjust trade and economic policies to help lower prices for other goods. Summers said,
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