AstraZeneca agrees to buy Alexion for $39 billion

AstraZeneca agrees to buy Alexion for $39 billion

AstraZeneca agrees to buy rare disease firm Alexion for $39 billion. Subject to shareholder approval and certain regulatory clearances, the companies expect the deal to close in Q3 2021. The combined company is set to generate ~$500M of recurring run-rate of...
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AAA-Rated Chinese State-Owned Coal Miner Defaulted

AAA-Rated Chinese State-Owned Coal Miner Defaulted

Sudden Default By AAA-Rated Chinese State-Owned Coal Miner Sends Shockwaves Across Markets,  Something unexpected happened in China last week and it triggered a shockwave across Chinese bond markets. The abrupt 1 billion yuan ($151 million) bond default on Fr...
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Airbus and Boeing Report October 2020 Orders

Airbus and Boeing Report October 2020 Orders

Boeing and Airbus delivered 13 and 72 commercial jets in October 2020, compared to 19 and 76 deliveries, respectively, in the same month last year. For Airbus, the month of October was the strongest since the COVID-19 pandemic began. With...
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Embraer Report Deliveries in 3Q

Embraer Report Deliveries in 3Q

Embraer delivered a total of 28 jets in quarter three, of which seven were commercial aircraft and 21 were executive jets (19 light and 2 large). As of Sept. 30, the firm order backlog totaled $15.1 billion. During quarter three,...
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Slovakia Aims To Test All 5 Million Citizens In New Approach To Combating Pandemic

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...
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AMD: $35 Billion All-Stock Acquisition of Xilinx

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...
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Intel downgraded at Bank of America

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...
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ConocoPhillips to Buy Concho Resources for $9.7 Billion

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...
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Huawei in talks to sell phone unit Honor

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...
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Rumour: Liberty Steel set to bid for Thyssenkrupp steel

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

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...
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Risks in AMD – Xilinx deal

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

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...
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Prosecutors say JPMorgan Nowak’s trading desk was a criminal racketeering operation

Prosecutors say JPMorgan Nowak’s trading desk was a criminal racketeering operation

Meet The Mastermind Behind JPMorgan’s Gold And Silver Manipulation Crime Ring. There was a time when the merest mention of gold manipulation in “reputable” media was enough to have one branded a perpetual conspiracy theorist with a tinfoil f...
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The FED Is Preparing To Deposit “Digital Dollars” Directly To “Each American”

The FED Is Preparing To Deposit “Digital Dollars” Directly To “Each American”

Legislation has proposed that each American have an account at the FED in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments. Over the past decade, the one common...
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