Showing 31 - 40 of 499
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.
Fed delivers another steep rate hike with more to come
AFP, Published on 03/11/2022
» WASHINGTON: The Federal Reserve delivered another steep interest rate increase on Wednesday, as expected, with its move to cool red-hot inflation taking on more weight amid the political maelstrom ahead of key US midterm elections.
ECB warns of 'looming recession'
AFP, Published on 27/10/2022
» FRANKFURT: The European Central Bank announced another jumbo interest rate hike on Thursday and said further increases would follow to combat soaring inflation, even as its president, Christine Lagarde, warned a eurozone recession was looming.
Opec+ expected to slash oil output
AFP, Published on 05/10/2022
» VIENNA: Major oil producers led by Saudi Arabia and Russia were set to meet Wednesday as reports said they were mulling an output cut of up to 2 million barrels per day in a bid to prop up slumping prices.
Irish data watchdog fines Instagram 405m euros over children
AFP, Published on 06/09/2022
» DUBLIN: Ireland's Data Protection Commission on Monday said it had fined Instagram a record 405 million euros for breaching regulations on the handling of children's data.
Cuba authorises foreign investment in wholesale, retail
AFP, Published on 17/08/2022
» HAVANA: The Cuban government has announced it will allow foreign investment in domestic wholesale and retail trade for the first time in 60 years, in a move aimed at addressing critical shortages of goods.
Global business travel won't see full recovery until 2026: report
AFP, Published on 16/08/2022
» NEW YORK: Inflation, supply chain problems and ongoing Covid-19 lockdowns in China are among the factors conspiring to delay a full recovery in business travel to its pre-pandemic level, according to an industry forecast released Monday.
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.
Alibaba seeks dual-primary listing in Hong Kong
AFP, Published on 26/07/2022
» HONG KONG: E-commerce giant Alibaba said Tuesday it will seek a primary listing in Hong Kong, potentially giving access to China's vast pool of investors, as mainland officials indicate a long-running crackdown on the tech sector could be coming to an end.
Hit by China shutdown, Tesla boosts auto prices and sells bitcoin
AFP, Published on 21/07/2022
» NEW YORK - Tesla reported solid quarterly earnings Wednesday despite a hit from Covid-19 lockdowns in Shanghai that Chief Executive Elon Musk said prompted the company to liquidate most of its bitcoin holdings.