Showing 41 - 50 of 499
Twitter lawsuit accuses Elon Musk of contract breach
AFP, Published on 13/07/2022
» SAN FRANCISCO: Twitter on Tuesday sued Elon Musk for breaching the $44 billion contract he signed to buy the tech firm, calling his exit strategy "a model of hypocrisy," court documents showed.
Twitter stock sinks as Musk mocks lawsuit threat
AFP, Published on 12/07/2022
» NEW YORK: Twitter shares plunged Monday as Elon Musk issued a mocking, defiant commentary about a looming court battle after he ditched a $44 billion buyout of the social media giant.
Twitter's future uncertain as it faces messy breakup with Musk
AFP, Published on 10/07/2022
» SAN FRANCISCO: Courted and then jilted by the world's richest person, Twitter looks well positioned to win a court battle with Elon Musk over a $1 billion breakup fee and more -- but the company will not emerge unscathed.
US could face more inflation 'surprises': Fed's Powell
AFP, Published on 22/06/2022
» WASHINGTON: The US economy is strong but faces an "uncertain" global environment and could see further inflation "surprises," Federal Reserve Chair Jerome Powell said Wednesday.
YouTube Shorts touts 1.5bn users, taking on TikTok
AFP, Published on 16/06/2022
» SAN FRANCISCO - YouTube on Wednesday said that more than 1.5 billion people monthly tune into its Shorts video service, which competes with global sensation TikTok.
Countries haggle through the night to salvage WTO deals
AFP, Published on 16/06/2022
» GENEVA: Ministers were frantically haggling through the night into Thursday at the World Trade Organization in a bid to salvage deals on food security, fishing and combating Covid-19.
US Fed announces biggest interest rate hike since 1994
AFP, Published on 16/06/2022
» WASHINGTON: The Federal Reserve announced the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing rate by 0.75 percentage points on Wednesday as it battles against surging inflation.
Shanghai lockdown sees quarter of US firms cut investment plans
AFP, Published on 15/06/2022
» SHANGHAI: Shanghai's lengthy Covid-19 lockdown pushed a quarter of US firms in the city to cut investment plans and nearly all to drop revenue forecasts, a business group said Wednesday.
Tampon shortage latest sign of supply chain woes in US stores
AFP, Published on 15/06/2022
» NEW YORK: Tampons are the latest product disappearing from store shelves in the United States, another illustration of supply chain problems that are complicating daily life, following the troubling shortage of baby formula.
Twitter shareholder lawsuit accuses Musk of 'market manipulation'
AFP, Published on 27/05/2022
» SAN FRANCISCO: Elon Musk faces a lawsuit accusing him of pushing down Twitter's stock price in order to either give himself an escape hatch from his $44 billion buyout bid, or room to negotiate a discount.