Business Archive
Business
Elon Musk has said that his SpaceX will continue to pay for Starlink satellite internet in Ukraine, one day after indicating he was unwilling to provide the service
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Business
Elon Musk has performed a dramatic U-turn and is now offering to complete his proposed $44bn (£38bn) acquisition of Twitter, having previously stated his intention to walk away
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Business
Online furniture retailer Wayfair has announced plans to cut around 870 jobs, approximately 5% of its global workforce, as it looks to trim operating expenses. A number of
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Business
Fifteen black current and former Tesla employees have filed a lawsuit against the company, alleging they were subjected to racial abuse and harassment whilst working for the electric
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Business
The Bank for International Settlements (BIS), has called for central banks to act “quickly and decisively” in raising interest rates to stem rising inflation. The banking umbrella body
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Asia Pacific
Chinese regulators are finishing up investigations into ride-hailing giant Didi Global Inc and two other firms, with the expectation that all three will be allowed back on domestic
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Asia Pacific
Australia’s top power producer AGL Energy has cancelled plans to split the company and announced that its chairman and CEO will step down, capitulating to opposition from billionaire
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Business
Twitter investors have launched a lawsuit against Elon Musk over his $44 billion takeover bid, claiming that the billionaire has deliberately manipulated the company’s stock price downward. The
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Business
British retailer Marks & Spencer has announced that it will end its franchise agreement in Russia in the coming months, becoming the latest major brand to exit the
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Africa
German Chancellor Olaf Scholz is keen to explore joint projects with Senegal, a country that has long battled Islamic extremists. The country’s gas reserves could make gas exports
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