Showing 1 - 10 of 43
PGA Tour, LIV backers drop no-poaching clause from deal
AFP, Published on 14/07/2023
» MIAMI - The PGA Tour and the Saudi Public Investment Fund have dropped a provision from their framework agreement that barred LIV Golf and the Tour from recruiting each other's players, the PGA Tour confirmed Thursday.
Protesters throw cake at Volkswagen shareholders' meeting
AFP, Published on 10/05/2023
» BERLIN: Activists hurled cake at Volkswagen bosses on Wednesday, as the German carmaker's annual shareholders' meeting was disrupted by protests over human rights and climate change.
Saudi Aramco reports 'record' $161 billion profit for 2022
AFP, Published on 12/03/2023
» RIYADH - Saudi Aramco said on Sunday it achieved "record" profits totalling $161.1 billion last year, drawing an outraged response from activists warning about the ravages of climate change.
Tesla to invest about $5bn in Mexico plant
AFP, Published on 01/03/2023
» MEXICO CITY: American electric car maker Tesla will invest about US$5 billion in a massive new factory in the northern Mexican city of Monterrey, a senior government official said Tuesday.
EU starts WTO action against China over Lithuania, patents
AFP, Published on 07/12/2022
» BRUSSELS - The EU on Wednesday escalated disputes with China to the WTO, requesting panels be assembled to hear two cases, one over trade restrictions on Lithuania and the other on legal recourses for EU patent holders.
Twitter turmoil, staff exodus aggravate security concerns
AFP, Published on 20/11/2022
» WASHINGTON: Twitter's owner Elon Musk has pledged the platform will not become a "hellscape," but experts fear a staff exodus following mass layoffs may have devastated its ability to combat misinformation, impersonation and data theft.
Elon Musk sells nearly $4bn in Tesla stock: SEC filing
AFP, Published on 09/11/2022
» WASHINGTON: Tesla chief Elon Musk sold nearly US$4 billion worth of shares in the electric car company, SEC filings showed Tuesday, more than a week after he closed his $44 billion acquisition of Twitter.
Twitter starts rolling out new paid subscription
AFP, Published on 06/11/2022
» SAN FRANCISCO: Twitter began rolling out a controversial new paid subscription system on Saturday that the social network's unpredictable new owner, billionaire Elon Musk, ordered staff to build after taking over last week.
Germany's Scholz arrives in China to boost economic ties
AFP, Published on 04/11/2022
» BEIJING: German Chancellor Olaf Scholz arrived in Beijing Friday seeking to bolster a vital economic relationship but facing criticism about his country's heavy reliance on a nation growing more authoritarian under Xi Jinping.
Germany, Canada partner on transatlantic hydrogen trade
AFP, Published on 24/08/2022
» OTTAWA: The leaders of Canada and Germany signed a green hydrogen deal on Tuesday, laying a path for a transatlantic supply chain as Europe seeks to lessen its dependence on Russian energy.