Showing 31 - 40 of 413
Elon Musk sells nearly $7 billion worth of Tesla shares: document
AFP, Published on 10/08/2022
» WASHINGTON - Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.
Crypto clients beg for their cash back after lender's crash
AFP, Published on 01/08/2022
» WASHINGTON: An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow's lost life savings: People caught in the meltdown of crypto lender Celsius are pleading for their money back.
US tech titans stumble after pandemic boom
AFP, Published on 29/07/2022
» SAN FRANCISCO: Amazon and Apple were a relative bright spot in a week of otherwise lackluster earnings results for an industry reckoning with the end of heady pandemic-era growth.
Twitter shareholders to vote on Musk buy in September
AFP, Published on 27/07/2022
» SAN FRANCISCO: Twitter on Tuesday urged shareholders to endorse the $44 billion deal Elon Musk made to buy the online podium, setting a vote on the merger for Sept 13.
Twitter says Musk 'uncertainty' hurting revenue
AFP, Published on 22/07/2022
» WASHINGTON: Twitter blamed disappointing results Friday on "headwinds", including the uncertainty that Elon Musk's chaotic buyout bid has imposed on the company.
Twitter shares up after hedge fund bets against Musk
AFP, Published on 14/07/2022
» NEW YORK: Twitter shares jumped Wednesday after a hedge fund revealed it had taken a stake in the firm based on its "strong case" against Elon Musk for moving to back out of his $44 billion buyout bid.
Elon Musk pulls out of Twitter purchase
AFP, Published on 09/07/2022
» SAN FRANCISCO: Elon Musk pulled the plug on his US$44 billion deal to buy Twitter on Friday, accusing the company of "misleading" statements about the number of fake accounts, a regulatory filing showed.
Chinese developer Shimao misses $1bn bond payment
AFP, Published on 04/07/2022
» BEIJING: Chinese developer Shimao Group said it has failed to make payment on a US$1 billion bond that matured Sunday, one of the biggest such defaults so far this year in the country's troubled property sector.
Argentine economy minister who renegotiated IMF debt resigns
AFP, Published on 03/07/2022
» BUENOS AIRES: Argentine economy minister Martin Guzman, who led debt renegotiations with the International Monetary Fund, announced his resignation Saturday, sparking fresh uncertainty in Latin America's third largest economy.
Crypto lending world sways under risk and turmoil
AFP, Published on 01/07/2022
» NEW YORK: Starting with the lofty goal of competing with traditional banks, cryptocurrency lending giants and their clients now face financial ruin due to their appetite for risk and a paucity of regulatory guardrails.