Elon Musk sent out a supplemental letter of deal termination to Twitter Inc, citing a recent whistleblower complaint from the social media firm’s former security chief as yet another reason to cancel the $44 billion deal. Last week, Peiter Zatko,… Read More ›
Due to major travel disruptions, including a strict COVID-related lockdown in Shanghai, China’s three largest airlines reported a combined second-quarter loss of 28.4 billion yuan ($4.12 billion) on Tuesday, a larger loss than in the first quarter. The country’s policy… Read More ›
German inflation rose to its highest level in nearly 50 years in August, surpassing a three-month high, according to data, bolstering the case for the European Central Bank to hike interest rates by another basis point next month. Consumer prices… Read More ›
According to a report by Reuters quoting three sources familiar with the matter said that US regulators have chosen e-commerce giant Alibaba Group Holding Ltd and other US-listed Chinese companies for audit inspections beginning next month. The move follows Friday’s landmark… Read More ›
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