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HONG KONG — Satellite images taken over multiple cities in China show heightened activity outside crematoriums and funeral homes, appearing to contradict the country’s low official Covid-19 death figures and illustrating the severity of the outbreak in the world’s most populous nation. Other images from cities around the country show a greater number of cars parked outside funeral homes compared with similar periods in past years. The satellite images are consistent with firsthand NBC News reporting in Beijing, where officials say the outbreak has already peaked. Construction equipment was visible at the Tongzhou funeral home during a visit on Dec. 22, while workers in white hazmat suits could be seen unloading caskets from a steady stream of vans at the Dongjiao funeral home during multiple visits that week. With some funeral homes no longer allowing memorial services, reporters have witnessed families instead holding them at hospitals, where empty caskets are being stored outside in alleys.

☆ Satellite images showing thousands of craters at a battle site in eastern Ukraine capture just how intense the 'savage' artillery fight there actually is
▼ + stars: | 2023-01-12 | by ( Azmi Haroun | ) www.businessinsider.com time to read: +3 min

New satellite imagery illustrates the Russian campaign to capture the eastern Ukrainian towns of Bakhmut and Soledar. Satellite image ©2023 Maxar Technologies"You're talking about thousands upon thousands of artillery rounds that have been delivered between both sides," the official said. Satellite imagery showing the ongoing fighting between Russian and Ukrainian forces over the eastern Ukrainian towns of Soledar and Bakhmut. Satellite imagery showing the ongoing fighting between Russian and Ukrainian forces over the eastern Ukrainian towns of Soledar and Bakhmut. Satellite image ©2023 Maxar TechnologiesThe above image shows rows of crushed apartments in Soledar.

Ukrainian President Volodymyr Zelenskiy mocked previous Wagner claims to have seized part of Soledar but made no immediate comment on the latest assertions. In a statement on Facebook, the Ukrainian military general staff said Russian forces were suffering heavy losses as they tried to take Soledar and sever Ukrainian supply lines. [1/21] A satellite view shows a smoldering building, in Soledar, Ukraine, January 3, 2023. One prominent military blogger who posts on the Telegram messaging app under the name of Rybar said Surovikin was being made the fall guy for recent Russian military debacles. Wagner separately said its forces found the body of one of two British voluntary aid workers reported missing in eastern Ukraine.

☆ Photos from space show 11,000 beavers are wreaking havoc on the Alaskan tundra as savagely as wildfire
▼ + stars: | 2023-01-03 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Beavers are invading Alaska's Arctic tundra as it warms, transforming the landscape like wildfire. As the Arctic tundra warms, woody plants are growing along its rivers and streams, creating perfect habitats for beavers. The beaver ponds create lush oases that could increase biodiversity, but they also play a role in accelerating the climate crisis. All in all, satellites reveal more than 11,000 beaver ponds have appeared across the tundra. Environmental Research Letters/Imagery © DigitalGlobe"All of western Alaska is now really densely populated with beaver ponds," Tape said.

☆ Investing in Space: A year to forget for space stocks
▼ + stars: | 2022-12-29 | by ( Michael Sheetz | ) www.cnbc.com time to read: +2 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. For most anyone with money in the market, 2022 was a year to forget – and space stocks were no exception. Remember, these space SPAC names all came to market at about $10 a share. Morgan Stanley in a note to clients recently highlighted those deals as evidence that "space companies [are] on Santa's List," and I suspect M&A won't be slowing down in 2023. A programming note: Investing in Space will be taking the next week off for holiday travel.

☆ Fact Check-Images of planes, ships captured from low orbit do exist
▼ + stars: | 2022-12-23 | by ( Reuters Fact Check | ) www.reuters.com time to read: +5 min

Contrary to a claim on social media, images taken from spacecraft in Low Earth Orbit (LEO) of planes flying by or ships at sea do exist. At least one photo of a flying plane taken from a spacecraft in LEO illustrates the problem. The image is credited to SkySat, a constellation of 21 satellites owned by Planet (here), all of which orbit at between 400 and 600 kilometers (250 to 370 miles) above Earth. More images of the container ship in the Suez Canal taken from Leo can be seen (here). Images of planes in flight, ships and cities captured from spacecraft in Low Earth Orbit do exist.

☆ Satellite images show Russia is growing its Arctic military bases, including ones near Europe, report says
▼ + stars: | 2022-12-21 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Russia continues to boost its Arctic military presence, according to satellite photos obtained by CNN. NATO's chief said Friday there is now "a significant Russian military build-up in the high north." "The shortest way from Russia to North America is over the Arctic North Pole. So the strategic importance of these areas has not changed because of the war in Ukraine," he told CNN. As Insider's Christopher Woody previously reported, Russia has the world's longest Arctic coastline, and has spent years refurbishing military bases and deploying more troops in the region.

☆ Watch CNBC's Morgan Brennan's full interview with Advent International Chair & Managing Partner David Musaffer
▼ + stars: | 2022-12-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's Morgan Brennan's full interview with Advent International Chair & Managing Partner David MusafferPrivate equity firm Advent International's Chair & Managing Partner David Musaffer discusses his company's move to acquire space infrastructure and imagery company Maxar for $6.4 billion and take the company private.

☆ Goldman Sachs has plans for deep headcount cuts in the new year
▼ + stars: | 2022-12-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

But first, the Goldman cuts go deep. Goldman's bankers and others on Wall Street still enjoy pay packages that are beyond that of most American workers. Some portion of Goldman's cuts are being made with an eye to 2023 and 2024, suggesting that the firm's leaders don't expect a return to go-go days anytime soon. Click here to read more about the cuts set to hit Goldman Sachs. Private-equity firm Advent announced plans to acquire satellite maker Maxar Technologies for $6.4 billion in a deal that included Goldman Sachs, JPMorgan, and Morgan Stanley.

A Culture in theCross Hairs Russia’s invasion has systematically destroyed Ukrainian cultural sites. It has also dealt a grievous blow to Ukrainian culture: to its museums and monuments, its grand universities and rural libraries, its historic churches and contemporary mosaics. This is how empires always work.” The war in Ukraine is a culture war, and the extent of the destruction is becoming clearer. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion. Kyiv Sviatohirsk UKRAINE Damaged or destroyed religious sites Areas controlled by Russia at any time since invasion.

☆ Advent to Buy Maxar Technologies for About $4 Billion
▼ + stars: | 2022-12-16 | by ( Miriam Gottfried | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/advent-to-buy-maxar-technologies-for-about-4-billion-11671190204

☆ Space company Maxar agrees to go private in $6.4 billion deal
▼ + stars: | 2022-12-16 | by ( Michael Sheetz | ) www.cnbc.com time to read: +1 min

Space imagery and infrastructure company Maxar on Friday announced an agreement to go private through an acquisition led by Advent International. The all-cash deal gives Maxar an enterprise value of about $6.4 billion. Private equity firm Advent is taking a $3.1 billion stake in Maxar, with British Columbia Investment Management Corporation also making a $1 billion equity contribution. The deal price with Advent is near the highs Maxar shares hit in early 2021, before dropping alongside other space stocks this year. Because of that, Jablonsky noted that it's "still very early days" for what the future of Maxar would look like under Advent.

☆ Advent to buy Maxar Technologies for about $4 bln
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: 1 min

Dec 16 (Reuters) - Maxar Technologies Inc (MAXR.N) said on Friday private-equity firm Advent International has agreed to buy the satellite owner and operator for about $4 billion. Under the agreement, Advent will pay $53 a share for Maxar, representing a premium of nearly 129% over the stock's last closing price. Westminster, Colorado-based Maxar, which has a market cap of $1.72 billion, is a satellite imaging company that observes changes on Earth and analyses data. Images of the battlefield in Ukraine are often provided by Maxar. Reporting by Tiyashi Datta in Bengaluru; Editing by Sherry Jacob-Phillips and Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ Stocks making the biggest moves midday: Meta, Maxar Technologies, Ford, Goldman Sachs and more
▼ + stars: | 2022-12-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Goldman Sachs — Goldman Sachs shares slumped 1% amid news that the Wall Street firm will cut up to 8% of its workforce. The layoffs are slated to come in January and hit all areas of the Wall Street firm, CNBC reported, citing people familiar with the matter. The Wall Street firm cited recent underperformance in net adds as well as growing macro headwinds to advertising revenues. Lincoln National — Shares dropped more than 4% after Lincoln National was downgraded to underperform from hold at Jefferies, according to StreetAccount. JD.com and Alibaba shares rose more than 1% .

☆ Jim Cramer's top 10 things to watch in the market Friday: More selling, Estee Lauder, Meta Platforms
▼ + stars: | 2022-12-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

Atlantic Equities expects growth at Club holding Estee Lauder (EL) to reaccelerate as China relaxes Covid restrictions. JPMorgan names AbbVie (ABBV) and Club holding Eli Lilly (LLY) as best in class and top picks in biopharma for 2023. Club holding Apple (AAPL) named a top tech pick at Evercore ISI. Barclays raises price target on General Electric (GE) to $96 per share from $92 ahead of the health-care spin-off. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Satellites can fly higher in private
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Dec 16 (Reuters Breakingviews) - Volatile revenue makes for a volatile share price. That’s one explanation for private equity firms Advent International and British Columbia Investment Management’s purchase of satellite firm Maxar Technologies (MAXR.N) for $6.4 billion, including debt. The chunky 129% premium suggests they think the company can fly higher off public markets. A decline in demand for construction of big projects, and the failure of a satellite Maxar built, hit the firm hard, as insurance only partly covered losses and customers shied away. Maxar plans to launch imaging satellites faster in private than it had when it was public.

☆ Stocks making the biggest moves premarket: Accenture, Winnebago, Maxar Technologies and more
▼ + stars: | 2022-12-16 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Accenture issued a revenue range for the current quarter whose midpoint is below current consensus and said the stronger U.S. dollar will impact its fiscal 2023 results by 5%. Maxar Technologies (MAXR) – The satellite owner and operator's shares more than doubled in the premarket after it agreed to be acquired by private equity firm Advent International for $53 per share. Guardant Health (GH) – Guardant shares plunged 33.4% in the premarket following trial results for its DNA blood test for colorectal cancers. Adobe also issued upbeat current quarter guidance. U.S. Steel (X) – U.S. Steel issued better-than-expected current quarter guidance and said commercial demand for steel is on the upswing in the U.S.

☆ Defenses Carved Into the Earth
▼ + stars: | 2022-12-14 | by ( Marco Hernandez | Josh Holder | ) www.nytimes.com time to read: +16 min

This satellite image shows newly built Russian fortifications near one of the deadliest frontlines of the war in Ukraine. This satellite image shows newly built Russian fortifications near one of the deadliest frontlines of the war in Ukraine. An illustration of the main defensive structures built by Russians in Ukraine: an anti-vehicle trench, dragon’s teeth and pillboxes. Russian defensive fortifications built in November Fedorivka Russia has built multiple defensive lines behind the frontline on the outskirts of Popasna. A map showing defensive structures built by the Russians in Kherson Oblast.

☆ An unexpected force may be speeding up glacier melt across the globe: colorful algae blooms
▼ + stars: | 2022-12-10 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +10 min

Now he sees bright pink and red algae blooms every year. Dr. Matt DaveyScientists like Maréchal think these algae blooms are getting larger and more frequent as rising global temperatures melt glaciers worldwide. Glacier algae seems to be booming, but scientists have a lot to learnResearcher Matt Davey samples snow algae at Lagoon Island, Antarctica. Ice algae and snow algae are different types of microorganisms, and different fields of study, but they both affect glaciers. A strip of "blood snow" filled with red algae cuts across a dark bloom of purple algae in Greenland.

☆ Ukraine appears to show ability to strike far inside Russia
▼ + stars: | 2022-12-06 | by ( ) www.reuters.com time to read: +4 min

[1/2] A satellite image shows bomber in flight at northeast of Engels Air Base in Saratov, Russia, December 3, 2022. Late on Tuesday, sirens sounded on the territory of the airfield in Engels, Russian state-run news agencies reported, citing Yevgeny Shpolsky, first deputy of the Engels district administration. Ukraine never publicly acknowledges responsibility for attacks inside Russia. The price cap of $60-a-barrel was imposed on Monday at a level above the current price for Urals crude from Russia, the world's second largest oil exporter. ZELENSKIY WITH TROOPSMeanwhile on the battlefields of eastern, northeastern and southern Ukraine, Russian forces kept up their shelling of towns and villages, the Ukrainian military said in its Tuesday evening report.

CNN —Moscow’s accusation that Ukrainian drones struck two airbases deep inside Russia has once again raised the febrile question of escalation nine months into the war. Footage on Russian media shows the aftermath of an alleged drone strike Tuesday at an airfield in Kursk, Russia. Ukraine has neither confirmed nor denied responsibility for the blasts, in keeping with Kyiv’s policy of official silence around attacks inside Russia or in Russian-occupied Crimea. But it is hard to know what else Russia could do to Ukraine that it has not already done. Let us first quickly discuss why a Russian nuclear strike seems off the table, at least for now.

☆ Blasts reported at Russian air base where satellite images showed an 'unusual' amount of activity
▼ + stars: | 2022-12-05 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +3 min

Explosions were reported Monday at a military air base inside Russia. Last week, Der Spiegel reported that an "unusual" amount of activity was occurring at the base. The Russian Ministry of Defense later issued a statement attributing the blasts a Ukrainian attack. Images posted Monday by the commercial satellite firm Maxar shows the base hosting the Tu-160 as well as the Tu-95, or Bear, strategic bomber. The base is also home to strategic bombers.

☆ Putin's top propagandist says Russia 'practically' took Kyiv at the start of the war, overlooking its humiliating retreat from the city
▼ + stars: | 2022-12-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

The editor of Russia's RT outlet said Russia "practically" took Ukraine's capital in its invasion. In reality Russia never took Kyiv, and instead retreated and never returned. Simonyan did acknowledge that Russia's army left Kyiv earlier in the war, but not that the army was effectively forced to retreat. She said the main reason that Russia would "never bomb Kyiv" is because "our holy sites" are in the city. Simonyan hinted that Russia could bomb Washington, London, or Berlin, as Russia has no holy sites in those cities.

☆ 'Bloody parcels' containing animal eyes mailed to Ukrainian embassies
▼ + stars: | 2022-12-03 | by ( Leila Sackur | ) www.nbcnews.com time to read: +3 min

Bloody parcels containing the eyes of animals and explosives have been sent to several Ukrainian embassies and consuls across Europe, officials said late Friday. Foreign Ministry spokesperson Oleg Nikolenko said in a statement on Facebook that embassies in Spain, Hungary, the Netherlands, Poland, Croatia and Italy had received packages containing the disembodied eyes of animals. Consulates in Naples, Italy, Krakow, Poland, and the Czech city of Brno had also been targeted, he said. Letter bombs were mailed to six addresses in Spain earlier this week, including the Ukrainian Embassy and the U.S. Embassy, as well as to Prime Minister Pedro Sanchez, causing security to be tightened. Farther south, the Ukrainian consul in Naples, Maksym Kovalenko, told the AP that his office received two letters containing fish eyes at around 10:30 a.m. Thursday.

☆ Satellite images show Russia is making a big gamble on how it plans to defend territory near Crimea from Ukraine
▼ + stars: | 2022-12-01 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

Russian forces have set up defensive lines and positions in territory leading toward Crimea. Close-up view of Russian defensive positions in Novotroitsky, Ukraine, captured on November 15, 2022. Ukraine's tanks and tracked vehicles could cut through fields and bypass them or assault the Russian positions from their more vulnerable flanks. Beyond this, Barros said that in establishing these defensive lines, Russian forces are also limiting themselves in their ability to conduct offensive operations in the area. Since late summer, advancing Ukrainian forces have managed to liberate thousands of square miles of territory from under Russian occupation.

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