Category: Editors’ Picks

Carnival Cruise Line Cancels Trips Into Spring
17. 9. 2020 No Responses

Carnival Cruise Line Cancels Trips Into Spring

Carnival Cruise Line is canceling sailings into early 2021 and is also selling two of its ships as pandemic continues to tremendously affect the travel industry. Announced this week, the cruise line canceled cruises on both their Carnival Magic and...
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How the Aerospace and Airlines Sector See the Speed of Recovery
16. 9. 2020 No Responses

How the Aerospace and Airlines Sector See the Speed of Recovery

The timeline for a passenger traffic recovery remains uncertain. The IATA does not expect passenger traffic to return to pre-COVID-19 levels until 2024. Leeham Co. predicts that it will take four to eight years before traffic returns to pre-COVID-19 levels....
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Gilead agrees to acquire Immunomedics for $21 billion
15. 9. 2020 No Responses

Gilead agrees to acquire Immunomedics for $21 billion

Immunomedics soars 106% after Gilead agrees to acquire the cancer-drug company for $21 billion. Gilead’s proposed $21 billion acquisition of Immunomedics sent shares of the cancer-drug company soaring as much as 106% on Monday. Immunomedics develope...
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Nvidia buyout of ARM for $40 billion is imminent
13. 9. 2020 No Responses

Nvidia buyout of ARM for $40 billion is imminent

SoftBank is preparing to sell chipmaker ARM to Nvidia as early as next week in a deal worth more than $40 billion, The Wall Street Journal reported. Rumors of the deal began circulating in July, and Nvidia has been reported to be...
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Volkswagen’s Traton ups bid for Navistar to $3.6 billion
12. 9. 2020 No Responses

Volkswagen’s Traton ups bid for Navistar to $3.6 billion

Traton SE announced that it increased its offer for the acquisition of all outstanding shares of truck manufacturer Navistar International Corp. to $43 a share in cash from $35 a share. Volkswagen AG-subsidiary Traton already holds 16.8% of Illinois-based Navi...
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MSM Journalists Hate Assange Because He’s Broken More Blockbuster Stories Than All MSM Combined
10. 9. 2020 No Responses

MSM Journalists Hate Assange Because He’s Broken More Blockbuster Stories Than All MSM Combined

In UK, a trial is underway with journalist Julian Assange, who published US war crimes via platform WikiLeaks. “Nonsense!” — Julian Assange shouted as during the second day of his resumed extradition hearing US federal government attorney James...
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General Motors takes $2 billion stake in waporware company Nikola
8. 9. 2020 No Responses

General Motors takes $2 billion stake in waporware company Nikola

Nikola and General Motors today announced a strategic partnership. Through the deal, GM gets 11% ownership in startup Nikola, and will, in turn, produce Nikola’s wild fuel cell pickup truck by the end of 2022. Both companies’ shares jumped on...
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Samsung Wins $6.6 Billion 5G Verizon Deal
7. 9. 2020 No Responses

Samsung Wins $6.6 Billion 5G Verizon Deal

Samsung Electronics said on Monday it had won a $6.64 billion order to provide wireless communication solutions to Verizon in the United States, a major win for the South Korean firm in the next-generation 5G network market. Samsung’s global prospects...
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Hypersonic Weapons from Lockheed and Raytheon
6. 9. 2020 No Responses

Hypersonic Weapons from Lockheed and Raytheon

New hypersonic weapons from Lockheed Martin (ticker: LMT) and Raytheon Technologies (ticker: RTX) are ready for powered flight tests by the end of the year. The two variants of the Hypersonic Air-breathing Weapon Concept (HAWC) have successfully flown ca...
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Unexpected Electrical Current Discovered That Could Stabilize Fusion Reactions
5. 9. 2020 No Responses

Unexpected Electrical Current Discovered That Could Stabilize Fusion Reactions

A scientific journal SciTechDaily published findings of Princeton Plasma Physics Laboratory about electrical currents that can form in ways not known before. Electric current is everywhere, from powering homes to controlling the plasma that fuels fusion re...
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China Moves Away From US Dollar
4. 9. 2020 No Responses

China Moves Away From US Dollar

China is likely to reduce its holdings of US Treasury bonds to just under $800 billion from the current level of more than $1 trillion, according to local news outlet Global Times. A major reason for the reduced exposure is the record...
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Comac C919: A Competitor to Airbus and Boeing
3. 9. 2020 No Responses

Comac C919: A Competitor to Airbus and Boeing

As of the beginning of this year, more than 200 extra airports were scheduled to be built in China over the next 15 years to cope with the relentless growth spurt. And, not so long ago, Boeing’s 2019-2038 Commercial Market...
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U.S. Sanctions Top International Criminal Court Prosecutor
2. 9. 2020 No Responses

U.S. Sanctions Top International Criminal Court Prosecutor

No, this time the ICC is not investigating 72 years of ethnic cleansing against the indigenous Semitic population. This time in the ICC’s viewfinder are only minor war crimes committed by our venerable allies during the endless war in Afghanistan. It&#8...
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Amazon gets FAA approval to deliver packages by flying drones
1. 9. 2020 No Responses

Amazon gets FAA approval to deliver packages by flying drones

The Federal Aviation Administration officially designated the Amazon an “air carrier” on Monday, paving the way for Amazon to start testing its plans to drop off packages within 30 minutes. The FAA’s approval marks a huge milestone for Amazon’s CEO...
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84% of CFOs Say Stocks Are Overvalued
30. 8. 2020 No Responses

84% of CFOs Say Stocks Are Overvalued

84 percent of CFOs say stocks are overvalued even as they unleash another flood of stock buybacks. It’s not just Wall Street fund managers who, as the latest BofA fund manager survey  revealed, view stocks (along with bonds and gold) to be the most....
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