Russia will soon test Sarmat ICBM

Russia will soon test Sarmat ICBM

Russian strategic forces will soon test Sarmat ICBM capable of beating any defenses. Russia is planning to conduct “in the near future” flight tests of its new intercontinental ballistic missile, which it says is capable of beating any defense systems....
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Exxon Set For Another Loss After $20 Billion Write-Down

Exxon Set For Another Loss After $20 Billion Write-Down

ExxonMobil is on track to book another quarterly loss this year – its fourth consecutive loss in 2020 – announcing that it expects to book a massive up to $20 billion write-down for Q4, the U.S. oil and gas supermajor...
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Bitcoin Tops $29k, Surpasses Berkshire Hathaway’s Market Cap

Bitcoin Tops $29k, Surpasses Berkshire Hathaway’s Market Cap

Empty shell crypto Bitcoin surged above $29,000 overnight and, despite a quick dump (that we’ve seen at each big figure break), has stabilized there as mainstream interest and trading activity soars. And at $539 billion, the largest cryptocurrency surp...
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First Boeing 737 Max airliner takes to the skies

First Boeing 737 Max airliner takes to the skies

Yes, almost 2 years after jet’s worldwide grounding, The first commercial flight on Boeing’s controversial 737 Max jet left Miami aitport for New York’s LaGuardia Airport today morning, almost two years after the aircraft was grounded world...
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Global Investment Banks Rake In $125 Billion In Underwriting Fees

Global Investment Banks Rake In $125 Billion In Underwriting Fees

The global capital markets business, such as equity and debt sales, has erupted during the pandemic, comes at a time when central banks have never been so dovish as asset valuations are considered “stretched.” Since March, global monetary authoriti...
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Daimler said to be considering a 2021 stock listing of truck division

Daimler said to be considering a 2021 stock listing of truck division

aimler AG is planning an initial public offering (IPO) of Daimler Trucks in late 2021, the German newspaper Handelsblatt reported Tuesday. Stuttgart-based Daimler AG is the parent company of Daimler Trucks and Mercedes-Benz autos. The newspaper said Daimler wa...
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Galloping Inflation Trend – U.S. Money Supply M1

Galloping Inflation Trend – U.S. Money Supply M1

Galloping–inflation of the U.S. dollar is now becoming obvious to a growing cohort of investors. It is driven by factors on both sides of bank balance sheets, with evidence that large depositors are reducing their term deposits and increasing their...
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Lockheed Martin acquires rocket engine maker Aerojet Rocketdyne for $4.4 Billion

Lockheed Martin acquires rocket engine maker Aerojet Rocketdyne for $4.4 Billion

Lockheed Martin, the U.S.’s largest defence contractor, will acquire Aerojet Rocketdyne, a rocket engine and missile manufacturer, for $4.4 billion including debt and net cash, giving the company a larger stake in space and hypersonic technology. The move co...
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Stock Broker Robinhood Financial fined $65 million by SEC for misleading users

Stock Broker Robinhood Financial fined $65 million by SEC for misleading users

Robinhood Financial has been fined $65 million for misleading its stock market customers about how the company makes its revenue from their trades, the Securities and Exchange Commission said Thursday. The SEC fine comes one day after regulators in Massachus...
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Coinbase Files For IPO

Coinbase Files For IPO

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Satellite-to-smartphone broadband company AST & Science to go public

Satellite-to-smartphone broadband company AST & Science to go public

Special purpose acquisition company (SPAC) New Providence will take next-generation satellite broadband company AST & Science public through a SPAC deal that gives the space company an equity value of $1.8 billion, the firm announced today. AST will list o...
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Japan Plans To Spend $48 Billion To Field F-X Stealth Fighters By 2035

Japan Plans To Spend $48 Billion To Field F-X Stealth Fighters By 2035

Japan Plans To Spend $48 Billion To Field F-X Stealth Fighters By 2035 That Would Outperform F-35 And Chinese Fighters. Last week, Japan’s Nikkei newspaper revealed new details of Tokyo’s ambitious plans to domestically develop a sixth-generation F-X s...
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European Bond Market Disappears As ECB Takes Over

European Bond Market Disappears As ECB Takes Over

Back in 2015 alter media published an article titled “The IMF Just Confirmed The Nightmare Scenario For Central Banks Is Now In Play” which referenced an IMF research report which found that in a few years time, pervasive QE would...
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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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Hyundai Motor Buys 80% of Boston Dynamics

Hyundai Motor Buys 80% of Boston Dynamics

Hyundai Motor Group agreed to buy a controlling stake in Boston Dynamics Inc. in a deal that values the mobile robot firm at $1.1 billion. Hyundai Motor Group, along with some associated companies and Chairman Euisun Chung, will acquire an...
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