Facebook shuts down 265 Israeli Hasbara linked smear campaigns accounts

Facebook has uncovered an extensive Israeli-run political influence campaign that has been ‘changing reality according to clients’ wishes’ targeting elections in African, Latin America and Asian nations for years. The social media platform has shut down 65 Facebook accounts, 161…

Global Trade Collapsing To Depression Levels

With the trade war between the US and China re-escalating once more, investors are again casting frightened glances at declining global trade volumes, which as Bloomberg writes today, “threaten to upend the global economy’s much-anticipated rebound and could even throw…

Alibaba Blasts Q4 Earnings Estimates

Sales of Alibaba Group Holding, China’s largest e-shop platform, exceeded analysts’ expectations and increased 51%. The operator of the well-known AliExpress site announced that its sales in the fourth financial quarter ended March 31 were up 51% y/y to 93.50…

Mogherini reiterates support for Iran, Pompeo failed

European Union foreign policy chief Federica Mogherini said on Monday she would continue to support the 2015 nuclear pact because Iran continued to comply with inspections. Mogherini made the remarks before a meeting of the three European countries party to…

Trump doesn’t know who pays the tariffs

President Donald Trump, who has been officially in business since 1971, and after 48 years of experience of all sorts he has earned during his business, including 4 bankruptcies according to one methodology and 6 bankruptcies according to a stricter…

Red Square Victory Day Parade 2019

Victory Day parade on Moscow’s Red Square – Full length – Original Russian language Note: Vladimir Putin’s brother was killed 70 years ago in the siege of Leningrad at the age of two. Russia’s Victory Day Parade 2019: Best Moments…

Chesapeake Energy Misses Earnings and Revenue Estimates

Chesapeake Energy (symbol: CHK) came out with quarterly earnings of $0.14 per share, missing the consensus estimate of $0.15 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items. This…

ArcelorMittal conspired to suppress vital facts to acquire Essar Steel

Prashant Ruia wants ArcelorMittal bid for Essar Steel rejected, cites LN Mittal’s link with brothers’ bankrupt cos. ESAHL alleges that Lakshmi Mittal’s association with loan-defaulting firms of his brother makes him ineligible to participate in the bankruptcy proceedings. IBC rules…

Royal Caribbean beats analysts estimates and improves outlook

Royal Caribbean has surpassed analysts’ estimates and increases future earnings outlook based on the large number of bookings, higher tours and higher passenger spending aboard their cruise ships. Royal Caribbean Cruises Ltd. (Symbol: RCL) reported impressive first quarter results in…

Airbus beats estimates

Aerospace and defense giant Airbus boosted operating profit thanks to commercial aircraft. The European aviation manufacturer Airbus increased its net operating profit to EUR 549 million from EUR 14 million in the same period last year. This was due mainly to…

Ford reports profit growth of 12% due to good sales of SUVs

Operating profit of Ford Motor Co. in the first quarter it grew by 12%, with overseas overseas losses and strong profits thanks to very good domestic sales of trucks and SUVs. A year ago, Ford shocked motorists, investors, and dealers…

Harley-Davidson downgraded to sell from neutral at Goldman Sachs

Harley-Davidson, a well-known manufacturer of extremely heavy motorcycles, announced that declining demand, higher US tariffs for raw materials and European motorcycle taxes have hit his revenue. How did Harley-Davidson compare to what Wall Street expected: Adjusted earnings: 98 cents per…