Tag #Technology

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welt.de

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Jan 21, 16:11

German Private Electric Vehicle Adoption Plummets in 2024

HUK Coburg insurance data reveals a sharp decline in private electric vehicle adoption in Germany during 2024, with only 4% of insured drivers switching to electric cars, compared to nearly 7% in 2022; this is linked to factors including the end of subsidies, high prices, limited models, and lack of...

German Private Electric Vehicle Adoption Plummets in 2024

HUK Coburg insurance data reveals a sharp decline in private electric vehicle adoption in Germany during 2024, with only 4% of insured drivers switching to electric cars, compared to nearly 7% in 2022; this is linked to factors including the end of subsidies, high prices, limited models, and lack of...

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Climate Action

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How do consumer attitudes towards electric vehicles vary based on driving experience, and what are the implications for market growth?

The decline in private electric vehicle adoption is attributed to several factors: the end of government subsidies in 2023, high vehicle prices, limited model availability, and a lack of personal experience with electric cars. A YouGov survey found that 68% of drivers had never driven an electric car, while those who had were significantly more positive.

zeit.de

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Jan 21, 16:11

German Engine Overhaul Facility Expands Amidst Growing Air Travel Demand

N3 Engine Overhaul Services in Arnstadt, Germany, a joint venture between Lufthansa Technik and Rolls-Royce, overhauled a record 155 aircraft engines in 2024 and plans to increase capacity to 250-270 annually by 2026, driven by growing intercontinental flight demand; the €150 million expansion will ...

German Engine Overhaul Facility Expands Amidst Growing Air Travel Demand

N3 Engine Overhaul Services in Arnstadt, Germany, a joint venture between Lufthansa Technik and Rolls-Royce, overhauled a record 155 aircraft engines in 2024 and plans to increase capacity to 250-270 annually by 2026, driven by growing intercontinental flight demand; the €150 million expansion will ...

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Decent Work and Economic Growth

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What is the primary driver of N3 Engine Overhaul Services' significant expansion and record engine overhaul numbers in 2024?

N3 Engine Overhaul Services in Arnstadt, Germany, overhauled a record 155 aircraft engines in 2024, and plans to increase this number by 20 percent to 185 in 2025. This growth is attributed to the increasing demand for intercontinental flights. The company is investing over €150 million to expand its facilities and workforce.

cnbc.com

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Jan 21, 16:12

Cramer's Trust Adjusts Portfolio: Sells Coterra, Honeywell; Buys Eli Lilly

Jim Cramer's Charitable Trust will sell 200 shares of Coterra Energy, 45 shares of Honeywell, and buy 10 shares of Eli Lilly on Tuesday, adjusting its portfolio weighting based on profit-taking, fundamental concerns, and long-term growth prospects.

Cramer's Trust Adjusts Portfolio: Sells Coterra, Honeywell; Buys Eli Lilly

Jim Cramer's Charitable Trust will sell 200 shares of Coterra Energy, 45 shares of Honeywell, and buy 10 shares of Eli Lilly on Tuesday, adjusting its portfolio weighting based on profit-taking, fundamental concerns, and long-term growth prospects.

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Decent Work and Economic Growth

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What immediate market impacts will result from Jim Cramer's Charitable Trust's portfolio adjustments?

On Tuesday, Jim Cramer's Charitable Trust will adjust its portfolio by selling 200 shares of Coterra Energy (CTRA) at $29.31, 45 shares of Honeywell (HON) at $224.26, and buying 10 shares of Eli Lilly (LLY) at $727.50. These trades will slightly alter the weighting of these stocks in the portfolio.

zeit.de

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Jan 21, 19:10

German Company Successfully Tests Hydrogen Storage in Repurposed Caverns

Storag Etzel in Wittmund, Germany, started testing hydrogen storage in repurposed underground caverns around the turn of the year, aiming to store 90 tons of CO2-neutral hydrogen by summer 2024 via truck deliveries due to the absence of a hydrogen pipeline.

German Company Successfully Tests Hydrogen Storage in Repurposed Caverns

Storag Etzel in Wittmund, Germany, started testing hydrogen storage in repurposed underground caverns around the turn of the year, aiming to store 90 tons of CO2-neutral hydrogen by summer 2024 via truck deliveries due to the absence of a hydrogen pipeline.

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Affordable and Clean Energy

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What are the immediate implications of Storag Etzel's successful initial hydrogen storage in repurposed caverns?

Storag Etzel, a company in Wittmund, Germany, has begun testing underground hydrogen storage in existing gas and oil caverns. Several tons of CO2-neutral hydrogen have been stored at 170 bar pressure, with plans to store 90 tons in total. Due to a lack of pipeline infrastructure, hydrogen is currently transported by truck.

cnbc.com

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Jan 21, 19:10

IRS Free File Program Sees Increased Usage, Extended Through 2029

The IRS Free File program, a public-private partnership offering free federal tax filing to those with an adjusted gross income (AGI) of $84,000 or less in 2024, processed 2.9 million returns through May 11, 2025, a 7.3% increase from the same period in 2024; the program will continue through 2029.

IRS Free File Program Sees Increased Usage, Extended Through 2029

The IRS Free File program, a public-private partnership offering free federal tax filing to those with an adjusted gross income (AGI) of $84,000 or less in 2024, processed 2.9 million returns through May 11, 2025, a 7.3% increase from the same period in 2024; the program will continue through 2029.

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Reduced Inequality

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What is the impact of the IRS Free File program on taxpayer access to affordable tax preparation services?

In 2024, the IRS Free File program, a public-private partnership, assisted millions in filing taxes, offering free federal tax filing for individuals with an adjusted gross income (AGI) of $84,000 or less. This program, available through various software partners, accepts common tax forms, enabling convenient e-filing.

cnbc.com

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Jan 21, 22:09

Northrop Grumman Stock Surges on Citigroup Upgrade

Northrop Grumman (NOC) stock is rallying sharply following a Citigroup upgrade, breaking above key technical resistance levels and signaling a potential end to a three-month correction.

Northrop Grumman Stock Surges on Citigroup Upgrade

Northrop Grumman (NOC) stock is rallying sharply following a Citigroup upgrade, breaking above key technical resistance levels and signaling a potential end to a three-month correction.

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Reduced Inequality

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What is the immediate impact of Citigroup's upgrade on Northrop Grumman's stock price and technical indicators?

Northrop Grumman (NOC) stock is surging due to a Citigroup upgrade, breaking above key support levels and showing strong technical indicators.

welt.de

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Jan 21, 16:11

Record Aircraft Engine Overhauls at N3 Fuel €150 Million Expansion

N3 Engine Overhaul Services in Arnstadt, Germany, a joint venture between Lufthansa Technik and Rolls-Royce, overhauled a record 155 aircraft engines in 2023 and plans to increase capacity to 250-270 engines annually by the end of 2025, fueled by rising demand for intercontinental flights, with a €1...

Record Aircraft Engine Overhauls at N3 Fuel €150 Million Expansion

N3 Engine Overhaul Services in Arnstadt, Germany, a joint venture between Lufthansa Technik and Rolls-Royce, overhauled a record 155 aircraft engines in 2023 and plans to increase capacity to 250-270 engines annually by the end of 2025, fueled by rising demand for intercontinental flights, with a €1...

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Decent Work and Economic Growth

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What is the impact of the rising demand for intercontinental flights on aircraft engine maintenance?

N3 Engine Overhaul Services in Arnstadt, Germany, overhauled a record 155 aircraft engines in 2023, exceeding all previous years. The company, a joint venture of Lufthansa Technik and Rolls-Royce, plans to increase this number by 20 percent to 185 in 2024. This growth is attributed to the rising demand for intercontinental flights.

zeit.de

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Jan 21, 16:11

Frankfurt Museum Explores AI's Impact on Fashion and News

The Museum für Kommunikation Frankfurt will launch exhibitions on AI's impact on fashion and news starting March 21st and October 9th, respectively, reflecting the transformative influence of AI on technology and communication and fostering public engagement with this key topic.

Frankfurt Museum Explores AI's Impact on Fashion and News

The Museum für Kommunikation Frankfurt will launch exhibitions on AI's impact on fashion and news starting March 21st and October 9th, respectively, reflecting the transformative influence of AI on technology and communication and fostering public engagement with this key topic.

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Quality Education

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What are the potential long-term impacts of the museum's AI-focused initiatives on public understanding of AI ethics and responsible technology development?

The museum's initiative signifies a growing recognition of AI's societal implications, using interactive exhibits to foster public understanding and engagement. By collaborating with institutions like the Zentrum für gesellschaftliche Verantwortung and Hessencampus Darmstadt, the museum aims to contribute to broader discussions surrounding ethical considerations and responsible AI development, shaping future public discourse.

welt.de

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Jan 21, 19:10

\"EU Electric Vehicle Registrations Fall Amidst Broader Market Weakness\"\

Sluggish demand for electric vehicles in Germany caused a 10.2 percent drop in EU-wide electric car registrations in December 2024; however, the overall number of new car registrations in the EU increased by 0.8 percent in 2024 compared to the previous year, yet remained 17 percent below 2019 levels...

\"EU Electric Vehicle Registrations Fall Amidst Broader Market Weakness\"\

Sluggish demand for electric vehicles in Germany caused a 10.2 percent drop in EU-wide electric car registrations in December 2024; however, the overall number of new car registrations in the EU increased by 0.8 percent in 2024 compared to the previous year, yet remained 17 percent below 2019 levels...

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Affordable and Clean Energy

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How do the sales figures of electric vehicles compare to gasoline, diesel, and hybrid vehicles, and what are the underlying reasons for these differences in market performance?

The decline in electric vehicle sales is linked to broader economic factors such as a recession, political uncertainty, and high car prices. This decreased demand has caused underutilization of car factories. While gasoline and diesel cars remain popular, hybrid electric vehicles saw a 5 percentage point increase in market share.

zeit.de

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Jan 21, 19:10

Rhineland-Palatinate Universities Strengthen Cybersecurity with €5 Million Investment

Rhineland-Palatinate's 12 universities are implementing a joint cybersecurity strategy funded with €5 million, establishing a service center and appointing cybersecurity officers at each university to improve IT security and response to cyberattacks, following a June 2023 attack on Kaiserslautern Un...

Rhineland-Palatinate Universities Strengthen Cybersecurity with €5 Million Investment

Rhineland-Palatinate's 12 universities are implementing a joint cybersecurity strategy funded with €5 million, establishing a service center and appointing cybersecurity officers at each university to improve IT security and response to cyberattacks, following a June 2023 attack on Kaiserslautern Un...

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Industry, Innovation, and Infrastructure

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What prompted the development of this joint cybersecurity strategy, and what role will the new service center play in its implementation?

The strategy is a response to increasing cyberattacks targeting universities. A new cybersecurity service center will be established at the Kaiserslautern-Landau Technical University to advise on implementing the Federal Office for Information Security's baseline protection, scheduled for completion by 2030. This collaboration aims to leverage expertise and synergies for improved cybersecurity.

cnbc.com

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Jan 21, 22:09

Citi Initiates "Buy" Rating for Curtiss-Wright Stock, Projecting 12% Upside

Citi analyst Jason Gursky initiated a "buy" rating for Curtiss-Wright stock with a $410 price target, citing anticipated growth in global military spending and the company's strong position in the nuclear and aerospace sectors, projecting 13% earnings growth through 2027.

Citi Initiates "Buy" Rating for Curtiss-Wright Stock, Projecting 12% Upside

Citi analyst Jason Gursky initiated a "buy" rating for Curtiss-Wright stock with a $410 price target, citing anticipated growth in global military spending and the company's strong position in the nuclear and aerospace sectors, projecting 13% earnings growth through 2027.

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Peace, Justice, and Strong Institutions

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What is the primary driver behind Citi's bullish prediction for Curtiss-Wright's stock performance?

Citi analyst Jason Gursky initiated coverage of Curtiss-Wright, a defense and aviation company, with a "buy" rating and a $410 price target, projecting about 12% upside. The stock has seen significant growth in recent years, advancing 6.2% this year and over 200% since 2021. This positive outlook is driven by expectations of increased global military spending.

abcnews.go.com

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Jan 21, 22:10

Small Business Sales Surge in December 2023

U.S. small business sales surged 4.9% in December 2023, reaching an index of 146, driven by strong retail performance despite a decline in restaurant sales due to reduced average ticket sizes; this growth surpasses expectations, reflecting positive consumer confidence during the holiday season.

Small Business Sales Surge in December 2023

U.S. small business sales surged 4.9% in December 2023, reaching an index of 146, driven by strong retail performance despite a decline in restaurant sales due to reduced average ticket sizes; this growth surpasses expectations, reflecting positive consumer confidence during the holiday season.

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Decent Work and Economic Growth

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What is the overall impact of the increase in small business sales during December 2023 on the U.S. economy?

Small business sales in the U.S. saw a 4.9% increase in December 2023 compared to the previous year, reaching an index of 146, a 3-point rise from November. This growth occurred despite shifting consumer spending patterns, indicating resilience in the sector. Retail sales at small businesses specifically rose by 4.9%, exceeding expectations.

Showing 6,193 to 6,204 of 10,255 results