Editors’ Picks – Page 47

2. 7. 2020 No Responses

Daughter of an ex-Czechoslovak billionaire, Ghislaine Maxwell arrested for serious crimes

Long term friend of criminal Jeffrey Epstein, who was suicided in prison, and also friend of Donald Trump, and the alleged MOSSAD operative, Ghislaine Maxwell was arrested in New Hampshire for serious crimes. The Ghislaine Maxwell indictment – charges include:...

1. 7. 2020 No Responses

Physicists see extremely strong light, high heat from nanogaps between plasmonic electrodes

Seeing light emerge from a nanoscale experiment didn’t come as a big surprise to Rice University physicists. But it got their attention when that light was 10,000 times brighter than they expected. Condensed matter physicist Doug Natelson and his colleag...

30. 6. 2020 No Responses

Shell Warns Of Massive $22 Billion Write Down

Royal Dutch Shell warned on Tuesday it could take as much as a $22-billion post-tax impairment charge for Q2, becoming the latest oil major warning of a massive write-down of its assets as it revised its price assumptions after the oil price...

29. 6. 2020 No Responses

Chesapeake Energy Files For Bankruptcy, Wiping Out $7 Billion In Debt

After years of melting, the Chesapeake icecube is finally history: at exactly 3:50pm on Sunday afternoon, the company that launched the US shale boom, finally gave up and filed for a pre-packaged bankruptcy in the Southern District of Texas. In...

28. 6. 2020 No Responses

Mercedes-Benz Will Have Autonomous Capability

Mercedes-Benz and Nvidia are going to build a new software-defined computing architecture for automated vehicles based on the Nvidia DRIVE platform that will be installed across the fleet of next-generation Mercedes-Benz vehicles, starting in 2024. “It&#...

27. 6. 2020 No Responses

KFC Unveils Robotized Store

Restaurant Of The Post-Pandemic Future – Fast-food chain Kentucky Fried Chicken (KFC) has debuted the “restaurant of the future,” one where automation dominates the storefront, and little to no interaction is seen between customers and emp...

25. 6. 2020 No Responses

After 84 years, Olympus quits camera business

Olympus, once one of the world’s biggest camera brands, is selling off that part of its business after 84 years. The company said that despite its best efforts, the “extremely severe digital camera market” was no longer profitable. The arriva...

24. 6. 2020 No Responses

Canada Loses Its AAA Rating

So actually CanadAA+, Fitch Ratings has downgraded Canada’s Long-Term Foreign Currency Issuer Default Rating (IDR) to AA+ from AAA (outlook stable) citing the deterioration of Canada’s public finances resulting from the pandemic. FX markets chewed th...

23. 6. 2020 No Responses

Bayer Pays $10BN To Settle Thousands Of Monsanto Glyphosate Lawsuits

After decades of widespread use as company scientists played down research showing a definitive link between the product and growing rates of non-Hodgkins lymphoma, Monsanto parent company Bayer has agreed to pay up to $10 billion to settle claims that...

22. 6. 2020 No Responses

The Oil Countries And Their Breakevens

Here is a look at some of the other oil market players that are finding themselves on equally dangerous dire straits. Oman Analysts may be overstating Oman’s role as a mediator in a volatile region, but make no mistake–Oman is...

21. 6. 2020 No Responses

$18 Trillion In Global Stimulus In 2020

Over $18 Trillion In Global Stimulus In 2020, 21% Of World GDP – the latest observations from BofA chief investment officer, Michael Hartnett who concluded that there is just one bull market to short – namely credit – “and the Fed wo...

19. 6. 2020 No Responses

Investor Legend Jeremy Grantham Is “Amazed” At This Unprecedented Stock Bubble

The generally cheerful investing icon Jeremy Grantham unleashed fire and brimstone, taking his $7.5 Billion portfolio to a net short position for the first time since the Global financial crisis, and summarizing his dire assessment of the current unprecedented...

Boeing: More 737 MAXs canceled and no passenger jets delivered

18. 6. 2020 No Responses

Category: Editors’ Picks