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Lufthansa Cargo has begun offering qualified commercial customers and partners greater digital connectivity to its reservation system, giving logistics providers a fast, no-haggle way to book space for shipments. Lufthansa's (DAX: LHA) cargo division said last week it has developed an application programming interface, or API, that provides customers and distribution partners with a binding offer that can be booked online with a single click. An API is a piece of middleware for system-to-system communications that allows forwarders to directly connect their transportation management system to a carrier's reservation and revenue management systems.
The push back against the riskiest corporate debt shows how the Federal Reserve has failed to alleviate fears about a recession next year that would trigger a cash crunch for heavily indebted companies, corporate financiers and analysts said. Rock-bottom interest rates have fueled a boom in junk rated loans, with the U.S. market tripling in size to $1.3 trillion since 2010 as investors bet on riskier assets, allowing private equity firms to juice their returns and pursue even bigger acquisitions. Drug store chain operator Walgreens Boots Alliance Inc, for example, got a skeptical response from private equity firms for its potential $70 billion-plus leveraged buyout, Reuters reported earlier this month.
Qualcomm Inc expects global smartphone makers to ship 450 million 5G handsets in 2021 and another 750 million in 2022, the world's largest supplier of mobile phone chips said on Tuesday. Going by Qualcomm's own previous forecast of 200 million 5G devices for next year, the 2021 forecast suggests 125% growth from 2020. Qualcomm said 5G adoption will be faster than 4G due to the timing of commercialization of the technology in China and availability of chipsets across different price tiers.
Nine Months 2019 Nostrum Oil & Gas PLC Earnings Call