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Elon Musk must testify in SEC Twitter purchase probe, rules federal court

The court ruled the evidence gathered is relevant and material to the SEC's investigation and the testimony required of Musk is not unduly burdensome, a court filing Saturday said

Slower US inflation set to fuel Fed Reserve's interest-rate cut optimism

The overall CPI probably rose less than 3 per cent for the first time in nearly two years, economists forecast Tuesday's report to show

ECB needs to start cutting interest rates soon, says Fabio Panetta

"Macroeconomic conditions suggest that disinflation is at an advanced stage, and progress toward the 2% target continues to be rapid," he said on Saturday at the annual Assiom Forex event in Genoa

Apple is settling 2022 chip secrets theft case against startup Rivos

In a joint court filing Friday, the companies told a judge they're aiming to finalize an accord that resolves their claims against each other by March 15

Imran Khan's candidates defy odds to thrive in Pakistan general election

Khan's independents may fail to form a government as the election ends in a fifth straight hung parliament

Israel hit with first ever downgrade as Moody's cites impact of war

Prime Minister Benjamin Netanyahu said the decision does not reflect the state of the country's economy

Elon Musk's firm Neuralink ditches Delaware, reincorporates in Nevada

Neuralink isn't the first business Musk has reincorporated outside of Delaware and may not be the last

US to launch $5 billion research hub to stay ahead in the chip race

"They're investing quite a few dollars on chip design and chip manufacturing in China right now, as our main competitor," Locascio said.

China's ongoing property crisis is starting to ripple across the world

The 60 Curzon residential development in Mayfair where insolvency experts from Interpath Advisory have been appointed

Govt relaxed about OPEC+ cutting oil output, says oil minister Puri

India's oil-buying spree comes as the Organization of Petroleum Exporting Countries and its allies, including Russia, are capping their production amid demand concerns

India's true manufacturing rival is Vietnam, not China

For India to succeed, it needs to start thinking outward, which means understanding that the investment and business environment there isn't competitive

Fintech major Paytm set for small win as govt close to approving investment

The RBI in 2022 held back Paytm Payments Services' application to become a so-called payments aggregator - an entity which makes it easier for online retailers and merchants to accept digital payments

Job cuts at Citi, Deutsche Bank show the future has arrived on Wall Street

Both executives were speaking in 2017, and while they may have been early, their predictions are beginning to pan out

Pak poll results delayed, Imran Khan's party claims win in first results

This will be "probably the biggest election upset in Pakistan's political history in the last 50 years," said Mushahid Hussain Sayed, a senator with Pakistan Muslim League-Nawaz

US Prez Biden assails special counsel for questioning his mental acuity

"My memory is fine," Biden said. "I'm the most qualified person in this country to be President of the United States and finish the job I started."

Artificial intelligence driving more layoffs than companies want to admit

Experts struggle to get an accurate picture of just how many jobs are being eliminated as AI rapidly advances

Walt Disney's stock soars on strong results ahead of face-off with Peltz

The entertainment giant issued an upbeat profit outlook for the year, giving Chief Executive Officer Bob Iger ammunition to deflect proxy challenges at its shareholder meeting this spring

China's central bank projects 'modest' rebound for consumer prices

In its policy report, the PBOC vowed to step up policy coordination and support consumption as well as investment, so prices stay within a reasonable range

Bitcoin approaches $45,000 with US spot ETFs showing steady inflows

The largest cryptocurrency rose as much as 1.6% to $44,872 on Thursday. Bitcoin last traded above $45,000 on Jan. 12, the day after the ETFs began trading

60% of scam cases in UK came from Facebook, Instagram, says Revolut

The London-based fintech found 60% of UK scam cases came from Facebook, Instagram and WhatsApp, dwarfing other platforms and frauds conducted by telephone