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Focus on risk factors US WTI crude oil closed down 2.3% on Monday
In the early morning of the 21st Beijing time, U.S. crude oil futures closed lower on Monday. Markets are paying close attention to risk factors such as financial risks, US negotiations to raise the federal debt ceiling, and the COVID-19 pandemic. Edward Moya, senior market analyst at Oanda, said, “Financial risks make investors worry about the prospects for global economic growth.” West Texas Intermediate (WTI) futures for October delivery on the New York Mercantile Exchange fell $1.68, or 2.3%, to close at $70.29 per barrel on Monday.
British Prime Minister Johnson will tell Bezos that Amazon.Com Inc must pay fair and reasonable taxes in the UK.
British Prime Minister Johnson said he would tell him at a meeting with Amazon.Com Inc chairman Jeff Bezos on Monday that Amazon.Com Inc must pay fair and reasonable taxes in the UK. Johnson said in an interview with reporters on his way to the United States that he would also tell Bezos that Amazon.Com Inc needed to solve the problem of working standards for his employees in the UK. He said he would also congratulate Bezos on his feats in afforestation. Johnson also talked about how Britain is seeking to ease tensions with France and the energy crisis caused by rising natural gas prices.
Virgin Galactic Sister Virgin orbit will launch its third satellite in the fourth quarter of 2021
As Richard Branson's Virgin Galaxy paves the way for space tourism, its sister company, Virgin orbit (Virgin Orbit), is trying to dominate the satellite sector by offering the most efficient price possible at the lowest cost. Taylor Grinnell, Virgin Orbital's new vice president for flight and launch activities, said the satellite launch market was growing at an "unprecedented rate". Grinnell joined Virgin orbit after 12 years at Elon Musk's rival SpaceX, where he was promoted from launch engineer to head of launch and recycling operations. Virgin rail co., Ltd.
Transair, the air cargo company that forced the landing of Boeing Co's plane in Hawaii, was grounded.
The grounded decision had nothing to do with the investigation into the forced landing of a Boeing 737 on July 2. On July 2, local time, a Boeing Co cargo plane of Transair cargo Airlines failed its engine and made a forced landing in the waters of Hawaii, seriously injuring two pilots. The Boeing 737-200 plane flew from Honolulu, the capital of Oahu, Hawaii, to Maui in the same state in the early morning. The FAA said the pilot reported engine failure and tried to fly back to Honolulu before making a forced landing at sea. Two pilots were rescued by the Coast Guard. Investigators are concerned about the safety of the company before the accident
Samsung Electronics' operating profit may grow by 38% in the second quarter due to strong demand for chips
Samsung Electronics will release unaudited preliminary results for the second quarter on Wednesday, and analysts surveyed by Refinitiv now on average expect second-quarter operating profit to rise 38% to 11.3 trillion won ($10 billion), a three-year high, thanks to strong chip prices and a recovery in consumer demand for electronics and data center investment triggered by a pandemic. The South Korean tech giant's strong performance-although its smartphone shipments were lower than in the first quarter of this year-highlights the huge demand for chips, which has run out of inventory and filled capacity. Points
UBS raises oil price forecast: Brent crude is expected to reach $80 by the end of September
With no further supply approaching from OPEC+, the oil market is likely to tighten further and could cause Brent crude to climb to $80 a barrel by the end of September, according to UBS analyst Giovanni Staunovo. The bank raised its September Brent and WTI crude price forecasts by $2 a barrel and WTI to $77 a barrel. UBS said market participants interpreted the non-agreement outcome of the OPEC+ negotiations to mean that no more oil would enter the market in August. Given that negotiations between member states are likely to continue, the OPEC+ may still be in the next few days