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Elon Musk's revised Twitter bid drops margin loan, requires more cash

Elon Musk will provide an additional $6.25 billion in equity financing for the $44 billion buyout

Russia poised to cut interest rates to stem ruble rally that's gone too far

An unscheduled policy meeting for Thursday has spurred expectations for a big reduction, and the possibility that capital restrictions may be loosened further

Should central bankers consider pitfalls of making declarative statements?

In recent times, central bankers have stressed the need to be nimble, humble even. Recent mistakes warrant some humility

With a chapati crisis brewing at home, can India afford to feed the world?

As global temperatures rise 2 degrees Celsius or more above pre-industrial levels, the country's chapati challenge is only going to become more urgent

McKinsey's Paris offices raided by french police in tax case

Prosecutors confirmed that evidence-gathering searches had begun on Tuesday

Sri Lanka PM appointed as finance minister, to lead debt talks with IMF

He has held talks with foreign envoys, including from India, China and the US, and discussed with representatives from ADB and World Bank ways to replenish food, fertilizer and medicine supplies

Insurer Prudential names banking veteran Wadhwani as CEO amid Asia pivot

Wadhwani will take on the CEO role next February and be based in Hong Kong, the company said in a statement Wednesday.

19 children, two adults killed in Texas elementary school massacre

18-year-old opens fire in elementary school, is shot dead

Google takes yet another crack at e-commerce with renewed strategy

Raghavan is the first Google executive to oversee the technical operations behind both search and the ads division since Sundar Pichai did in 2014, shortly before he became CEO

Andreessen Horowitz bets on crypto with $4.5-bn fund, largest of its kind

The fund, the fourth crypto-dedicated investment vehicle for Andreessen Horowitz, brings its total digital-asset-focused efforts to $7.6 billion

Kim Kardashian to promote Beyond Meat as new 'chief taste consultant'

Kardashian, who often posts photos of her well-stocked refrigerator on social media, said she will share her favorite Beyond Meat products in the company's newsletter

China's economy worse off in some ways than 2020, says Premier

Li Keqiang tells officials to lower nation's unemployment rate; economists expect China to miss growth target this year

Default threat reaches Pak as inflation rises, political crisis worsens

Without a bailout from the International Monetary Fund, Pakistan may default for the second time in its history amidst inflation at its peak.

Siga Tech's tecovirimat drug could help counter monkeypox, says study

The scientists said more work is needed to reach any conclusions but their study found little evidence that another drug, brincidofovir, was beneficial

Rising global food protectionism amid Ukraine war risks worsening inflation

Countries are restricting exports to cope with high prices that have been exacerbated by the war in Ukraine

When it comes to EVs, raising funds seems easier than building them

Stocks of EV upstarts, from New York-listed, Chinese firms such as Nio, Xpeng and Li Auto to their American peers Rivian Automotive and Lordstown Motors, have lost their sheen in recent weeks

'Enough to meet local demand': Malaysia rules out cooking oil export ban

Malaysia aims to fill the gap in the edible oil market caused by the Ukraine war, as well Indonesia's export curbs on palm oil.

Why Apple will beat Meta in the augmented and virtual reality battle

There will also be competition from Microsoft, Alphabet, Snap and Sony. But none of these companies can match Apple's combination of design chops, cutting-edge hardware and a huge existing ecosystem

Tesla loses bid to move 'sexual harassment' suit into arbitration

Company is facing separate suits by at least six female employees over alleged sexual harassment

Oil retreats as China's stimulus package fails to allay concerns

Beijing rolls out measures to try to support Covid-hit economy