October 2020 – PressClub World

31. 10. 2020 No Responses

Slovakia Aims To Test All 5 Million Citizens In New Approach To Combating Pandemic

After beating the first wave, brave Slovakia is trying to make sure it doesn’t see a second. The small Central European nation of Slovakia, which was one of the last countries in Europe to confirm its first COVID-19 case thanks...

28. 10. 2020 No Responses

AMD: $35 Billion All-Stock Acquisition of Xilinx

After a couple of weeks of rumor, as well as a couple of years of hearsay, AMD has gone feet first into a full acquisition of FPGA manufacturer Xilinx. The deal involves an all-stock transaction, leveraging AMD’s sizeable share price...

23. 10. 2020 No Responses

Intel downgraded at Bank of America

Persistent confidence problems with the mysterious Management Engine module, inability to advance the 7nm process, and unconditional support for the brutal Khazar-Zionist regime ensured Intel’s downfall. Shares of Intel Corp. (symbol: INTC) are down 10.7...

20. 10. 2020 No Responses

ConocoPhillips to Buy Concho Resources for $9.7 Billion

As some act of insanity, ConocoPhillips will buy Permian-focused driller Concho Resources for $9.7 billion, the largest shale deal this year. The low-premium, all-stock deal comes as many U.S. shale companies have been mired in losses due to weak crude prices...

17. 10. 2020 No Responses

Huawei in talks to sell phone unit Honor

Huawei, besieged by U.S. tech sanctions, may be looking to shake up its smartphone business that has taken a hit after losing core semiconductor parts and software services. The Chinese giant is in talks with Digital China Group to sell...

15. 10. 2020 No Responses

Rumour: Liberty Steel set to bid for Thyssenkrupp steel

Liberty Steel set to bid for Thyssenkrupp steel – Thyssenkrupp stocks up 23 percent. Privately-held Liberty Steel is set to make a bid for the ailing steel unit of Germany’s Thyssenkrupp, a source close to the process told Reuters on...

12. 10. 2020 No Responses

China held a $1.5 million lottery to test a new digital fiat currency

China is taking its digital fiat currency tests to a new level by giving away more than 10 million yuan ($1.5 million) in a new lottery. The state-run People’s Bank of China gave 50,000 randomly selected citizens a “red packet” worth...

10. 10. 2020 No Responses

Risks in AMD – Xilinx deal

AMD is in talks to acquire Xilinx Inc. in a deal that could be valued at as much as $30 billion. That would be AMD’s largest purchase ever, by a wide margin, and conjures memories of a similarly audacious transaction...

9. 10. 2020 No Responses

Microsoft is letting more employees work from home permanently

Microsoft is allowing more of its employees to work from home permanently, the company announced Friday. While the vast majority of Microsoft employees are still working from home during the ongoing pandemic, the software maker has unveiled “hybrid workplac...

8. 10. 2020 No Responses

FED’s Neel Kashkari Says Another $3.5 Trillion In Another QE Needed

Earlier yesterday, in response to Neel Kashkari’s CNBC interview in which the Minneapolis Fed president said “I don’t see any moral hazard here” when asked if the Fed’s massive liquidity injections have blown a bubble, here is a c...

7. 10. 2020 No Responses

Germany walks away from Lockheed, Boeing cargo helicopter offers

The German Defence Ministry wants to start fresh on a new heavy transport helicopter after finding that offers from American firms Boeing and Lockheed Martin for the Chinook and the King Stallion, respectively, were too expensive, officials announced Tuesday. ...

5. 10. 2020 No Responses

ECB Trademarks “Digital Euro”, Is Preparing a Digital Currency Launch

Although commercial banks have shown fanatical opposition to all digital currencies, the ECB is now the leader. As the world obsesses over Trump’s taxes or whether or not he is using oxygen during his covid hospitalization, the biggest overhaul in...

4. 10. 2020 No Responses

Monster black hole with 6 entire galaxies trapped in its gravity field

Six galaxies have been revealed to be trapped in a supermassive black hole that formed less than one billion years after the Big Bang, shedding light on how some of the largest structures in the Universe are brought into being....