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...But the United Launch Alliance, a joint venture between Boeing and Lockheed Martin, stopped the launch due to a problem with an oxygen relief valve on part of the rocket....
...Twite said growth at the company, which manufactures products including valves for liquefied natural gas producers, had been driven partly by countries rushing to develop alternative energy sources....
...Momentus, a commercial space company once flirting with a $1bn market cap, is now worth under $8mn....
...Or, at the very least, wonder what will happen when the pressure valves are released. rana.foroohar@ft.com...
...Industrial profits at large Chinese companies declined 3.5 per cent in March from a year earlier, the National Bureau of Statistics reported on Saturday....
...Here’s what else I’m keeping tabs on today: Company earnings: Reddit releases results for the first time as a public company later today....
...One unresolved question is whether some shareholders in the group’s web of holding companies are also creditors....
...“In a refinery or petrochemical plant, there can be thousands — if not tens of thousands — of instruments, equipment and valves [needed] to, for instance, manage 250,000 to 500,000 barrels of oil per day...
...The rub of all of this is that when prices jump in the months and years ahead, the US shale patch will no longer act as a safety valve for global consumers....
...It has also become a critical release valve for start-up employees who have been unable to realise the value of their stock because of the lack of IPOs....
...And so, the sanctioned company — an arm of the Russian state — gets to keep cash it should not have....
...It first appears as a supplier of the airline in May 2022, when it delivered a steel rotary valve and the “O-ring” for the flush on an Airbus toilet....
...In essence, the secondary market trading of ETF shares acts almost like a pressure release valve when the underlying bond market seizes up....
...Increasingly, stockholders are turning to the murky secondaries market as a release valve, stoking expectations of a boom in 2024....
...The newish, biggish thing in ESG is to invest in companies that aren’t ESG....
...selling that company’s stock....
...Newsnight — which one of its previous editors once described to me as being “an autonomous republic” within the BBC — is a useful safety valve against that....
...But the elephants are my auction safety valve. In my fantasy fridge you’ll always find pork pies....
...As the FT’s Courtney Weaver and Anastasia Stognei wrote, this virtually unknown former member of the Duma, Russia’s rubber-stamp legislature, “shot from obscurity to become a release valve for Russians inside...
...And if a bank does need liquidity, the Fed’s Bank Term Funding Program, established as a safety valve in March, is still open....
...At present, however, Meta dominates the market for consumer VR headsets, with a 71.8 per cent share, followed by Sony with 8.8 per cent, and Valve with 2.9 per cent....
...“Discretionary” increases acted as a safety valve....
...This morning I spoke with Andrew Varga, chief executive of Seetru, a Bristol-based manufacturer of industrial pressure valves that has 130 employees, and whose Brexit journey has featured in the FT since...
...Smaller leaks, which are typically caused by faulty or loose valves and venting from tanks and wellheads, are extremely difficult to detect and measure with current technologies....
...That safety valve is called exports,” he says, adding it was the Chinese taxpayer who ends up footing the bill....
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