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Days After Trump Delays Xi Summit, Chinese Carrier Unveils 101-Jet Airbus Deal
Days After Trump Delays Xi Summit, Chinese Carrier Unveils 101-Jet Airbus Deal
Days after President Donald Trump delayed a planned meeting with Chinese President Xi Jinping over the now 26-day-old U.S.-Iran conflict, one of China's top state-owned airlines unveiled a major narrow-body aircraft deal with Airbus.
China Eastern Airlines announced a $15.8 billion deal for 101 Airbus A320neo aircraft on Wednesday, with deliveries scheduled between 2028 and 2032.
The Shanghai-based carrier, which operates domestic and international passenger and cargo flights, said it negotiated prices well below list value and expects to fund...
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Mar 10, 2026 / Tyler Durden
IEA Delivers No SPR Action After Extraordinary Meeting As Crude Jawboning Mania Enters Day Two
IEA Delivers No SPR Action After Extraordinary Meeting As Crude Jawboning Mania Enters Day Two
Update (1514ET):
For a second straight day, G-7 leaders attempted to push crude prices lower with headlines about an "emergency meeting" to discuss a possible Strategic Petroleum Reserve (SPR) release aimed at containing Brent and WTI crude prices. However, by late afternoon in New York, the Financial Times reported that the International Energy Agency (IEA) had concluded the meeting without reaching a decision on a coordinated release of crude stockpiles.
Today's slide in Brent and WTI was...
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Mar 16, 2026 / Ron Paul
Just Get Out! Now!
As is becoming clearer from President Trump’s own statements and those of his staff, along with press reporting, the US has launched a major war without the input of the experts we pay to advise the President on such matters. The State Department, Pentagon, National Security Council Staff, Defense Intelligence Agency, and NSA were simply […]
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Feb 19, 2026 / Tyler Durden
New OpenAI Funding Round Could Top $100 Billion, Pushing Valuation North Of $850 Billion
New OpenAI Funding Round Could Top $100 Billion, Pushing Valuation North Of $850 Billion
OpenAI's private valuation could soon top $850 billion, as the first tranche of a new funding round is expected to raise more than $100 billion, giving the ChatGPT maker fresh powder for additional infrastructure spending and faster development of its AI tools, Bloomberg reported.
People familiar with the fundraising told the outlet that the ChatGPT maker's valuation could exceed $850 billion, with a reported pre-money valuation of $730 billion.
The first phase of the funding round is being...
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