Page 493 - Bloomberg

UK in recession? Feels pinch of biggest interest rate hikes in 33 years

Economists and investors expect the UK central bank to raise its benchmark lending rate by three-quarters of a percentage point to 3 per cent on November 3

Workers leave biggest iPhone plant in China to escape Covid curbs

At least six counties and cities in Henan asked residents who just left Foxconn to contact local authorities before going home. Workers will be sent to several days of mandatory isolation: Officials

Musk's Twitter will be different; chaos of deal just preview of what's next

Musk has already axed much of Twitter's leadership team, including its chief executive officer, and plans to be CEO himself in the immediate term, according to people familiar with the matter

Xi Jinping kicks off third term with a flurry of diplomatic activity

China will host a flurry of top foreign leaders this week, as President Xi Jinping kicks off a norm-busting third term during which he's vowed to increase his nation's global influence

Strong dollar seen hurting US economic outlook, even tilting Fed path

Chair Jerome Powell and his colleagues are trying to cool the economy and ease price pressures by deliberately tightening US financial conditions

How Elon Musk could put more crypto on Twitter after taking charge

Since Dorsey's departure last November, Twitter has added Ether tipping, nonfungible token profile pictures and USD Coin stablecoin payments for a select group of creators

Crypto exchange Binance creating team to help Twitter with things like bots

The world's largest crypto exchange appears to be seeking an active role in how Twitter is run

Elon Musk's free speech plans for Twitter clash with EU content rules

After Musk said he had "freed" the bird, referring to Twitter's logo, the European Commission's Internal Markets Commissioner warned that in Europe "the bird will fly by" EU's rules

'Terrifying' Putin driven by 'evil forces,' says ECB's Christine Lagarde

Putin's attack on Ukraine is his attempt to "cause chaos and to destroy as much of Europe as he can," she said

General Motors temporarily suspends Twitter advertising after Musk takeover

The Detroit automaker, which is racing to catch up with Tesla in electric vehicle development, said Friday it's talking with Twitter to discuss how the platform will change

Elon Musk to form a council to advise on lifting any Twitter bans

Musk, whose $44 billion deal to take the social network private was completed Thursday, had indicated previously that he thought Twitter's content moderation standards were too strict

Musk takes a $10 bn hit to his net worth after finalising Twitter deal

The $10 billion hit to Musk's fortune brings his total losses this year to $66 billion, according to the Bloomberg wealth index

Govt likely to surpass FY23 tax collection goal by over $24 billion

India's union budget, due to be presented in February, will outline the federal spending plan for the coming fiscal year

UK PM Rishi Sunak eyes $58 billion of tax hikes, expenditure cuts

Britain's new premier is trying to restore calm to the financial markets after his predecessor, Liz Truss, sparked turmoil during her 7-week tenure with a massive package of unfunded tax cuts

Exxon Mobil, Chevron reap over $31 billion profit from energy crunch

Exxon's stock rose 2.6 per cent at 9:33 am in New York. Chevron advanced 2.7 per cent

Twitter caps 9 years of largely unfulfilled promise on NYSE with buyout

Twitter's shares doubled during its tenure as a listed company, equal to an 8.4% growth a year

Binance confirms equity investment in Elon Musk's Twitter buyout deal

Binance Holdings, the world's largest cryptocurrency exchange, confirmed that it's an equity investor in Elon Musk's $44 billion acquisition of Twitter Inc

This year's biggest winners in the solar sector don't make panels

Tongwei Co, the top global producer of polysilicon, a key solar material, saw earnings more than triple in the first nine months to 21.7 billion yuan ($3 billion) as prices soared

Elon Musk to replace Parag Agrawal as Twitter CEO, reverse life bans

Elon Musk plans to assume the role of CEO at Twitter Inc after completing his $44 billion acquisition, taking the helm of the social media giant on top of leading Tesla Inc. and SpaceX

Suella Braverman could wreck Rishi Sunak's Brexit immigration plans for UK

In her leadership campaign, Braverman pledged to cut taxes and restore efficiency to govt, suspend Britain's net-zero 2050 target, end jurisdiction of European Court of Human Rights