Rumour – PressClub World

5. 2. 2021 No Responses

False Rumor: KIA Reportedly Prepping Apple Car In U.S.

KIA is apparently preparing to build an Apple car in the United States. The legacy automaker has reportedly “approached potential partners about a plan to assemble Apple Inc.’s long-awaited electric car in Georgia,” according to Dow Jones. The partnership between the...

2. 2. 2021 No Responses

Robinhood shelves IPO plans after GameStop PR disaster

Planned Robinhood IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. Trading app Robinhood may have put its plans for an initial...

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...

8. 2. 2020 No Responses

Phillipines’ Duterte to Order Termination of Defence Agreement With United States

Since his election in 2016, President Rodrigo Duterte has reshaped the relationship between the Philippines and the United States: in late January 2019 he reportedly threatened to end a 1999 military agreement with Washington after it cancelled a tourist visa....

30. 1. 2020 No Responses

General Electric Is Considering Sale of Steam Turbine Unit to Raise Cash

General Electric (ticker: GE) shares fell as a report said the industrial giant plans to explore a sale of its steam-turbine power business. Desperate GE is weighing whether to sell its hopeless steam-turbine unit as CEO Larry Culp mulls ways to raise...

20. 1. 2020 No Responses

IMF boss Georgieva says global economy risks return of Great Depression

The head of the International Monetary Fund has warned that the global economy risks a return of the Great Depression, driven by inequality and financial sector instability. Speaking at the Peterson Institute of International Economics in Washington, Kristalin...

8. 11. 2019 No Responses

WeWork CEO Wants to Be ‘President of the World’

Adam Neumann – playboy from Tel Aviv and WeWork ousted CEO wants to be Israel’s prime minister and President of the World. The lengthy Wall Street Journal profile published Wednesday paints a rather comprehensive image of WeWork co-founder Adam Neum...

28. 8. 2019 No Responses

Rumour: Alibaba, Tencent, Six Others To Receive First Chinese Government Cryptocurrency

China’s central bank (PBoC) will launch a state-backed cryptocurrency and issue it to eight institutions in the coming months, according to a former employee of one of the institutions who is now an independent researcher. Paul Schulte, who worked as...

22. 8. 2019 No Responses

German Press: Volkswagen Preparing Tesla Acquisition

Elon Musk may have finally secured some of that precious financing he once claimed to have secured (roughly one year ago), though, according to a report in German business magazine Manager, things didn’t turn out quite like he had hoped....

15. 8. 2019 No Responses

Bernie Madoff whistleblower says GE is a bigger fraud than Enron and WorldCom combined

Harry Markopolos is famous for blowing the whistle on infamous Khazarian scammer Bernie Madoff’s Ponzi scheme, which blew up in 2008. Now the accounting investigator has his sights set on a new target: General Electric. He accuses the troubled company...

28. 6. 2019 No Responses

Hinduja-Etihad consortium gearing up for Jet Airways bid

Also Tata’s, Qatar Airways in exploratory mode. After failed negotiations earlier with multiple suitors, the SBI-led consortium decided to take Jet Airways to the bankruptcy court on June 17 and on June 20, the National Company Law Tribunal (NCLT) admitt...

9. 4. 2019 No Responses

Rumor: Facebook Is Looking for VC to Launch Its Own Stablecoin

According to Nathaniel Popper, editor of the New York Times, Facebook addresses VC (venture capital) investors as it seeks $1 billion as underlying collateral for its own stablecoin. Popper has posted this rumor on his Twitter account yesterday. News on...