Tag Archives: sea

[unable to retrieve full-text content]Google all at sea over rising tide of robo-spam  The Register Source link

(Bloomberg) — Oil switched to a decline to extend a run of choppy sessions, as traders weighed smaller US inventories and the wider risks of more attacks on vessels in the Red Sea. Most Read from Bloomberg Brent edged down to near $77 a barrel, reversing an earlier gain and following Tuesday’s advance of almost 2%. The American Petroleum Institute said nationwide inventories fell 5.2 million barrels last week, with levels at Cushing also down. The Energy Information Administration,… Source link

Tensions in the South China Sea have been percolating for years now. Even in relatively calm times when the battling claimants of the contested waters manage to stay out of the headlines, the reality out on the sea is rarely tranquil. In fact, a recent report from the South China Morning Post has revealed that Chinese boats have been harassing Civilian vessels in the Malaysian and Vietnamese portions of the South China Sea “on a daily basis” for years. Extending from Singapore and the… Source link

(Bloomberg) — Sea Ltd. aims to raise $6.3 billion in the largest equity offering of the year, a deal that will propel a global expansion and acquisitions for Southeast Asia’s largest company. The online gaming and e-commerce firm backed by Tencent Holdings Ltd. is offering 11 million shares, a stake worth about $3.8 billion at Wednesday’s close. It also intends to issue $2.5 billion of equity-linked debt. Sea, which has risen more than 70% this year, fell in post-marketing trading in New… Source link

In Silicon Valley, Google has acquired billions of dollars of property that’s at risk for flooding as sea levels continue to rise. That’s raising questions about whether it’s safe to build at all. Source link

In a video released by the U.S. Navy, the USS Monterey is seen intercepting a ship. They seized nearly 3,000 assault rifles, hundreds of heavy machine guns, sniper rifles, rocket propelled grenade launchers, and dozens of Russian-made anti-tank guided missiles. U.S. officials are currently investigating where the weapons haul originated and where it was going. Source link

Billionaire investor Warren Buffett said Saturday that near-zero interest rates have completely changed the financial landscape, warning that the consequences of easy money policies remain an unanswered question. As the COVID-19 pandemic gripped the United States last year, the U.S. central bank slashed interest rates to near zero and began aggressively absorbing assets to prevent another financial crisis. Among the Federal Reserve’s purchases: government debt. Those actions allowed the Source link