deal

Exclusive: Germany steps up emergency cash plans to deal with blackout

Exclusive: Germany steps up emergency cash plans to deal with blackout

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FRANKFURT, Nov 15 (Reuters) – German authorities are stepping up preparations for emergency cash deliveries in the event of a power outage to keep the economy going, four people involved said, as the country prepares for possible power cuts resulting from the war in Ukraine. Plans include the Bundesbank, Germany’s central bank, hoarding additional billions …

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FTX's Bankman-Fried Seeks Funding After Binance Deal Collapses

FTX’s Bankman-Fried Seeks Funding After Binance Deal Collapses

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HONG KONG/SINGAPORE/NEW YORK, Nov 10 (Reuters) – FTX chief executive Sam Bankman-Fried on Thursday launched an urgent campaign to raise funds to save his business as the crypto exchange seeks to fill a $8 billion hole in its finances, according to tweets and a memo to employees. Bankman-Fried said he was in talks with “a …

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Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue

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Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue Read More »

Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue

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Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …

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Elon Musk has sold nearly $4 billion worth of Tesla shares since the deal closed on Twitter | CNN Business

Elon Musk has sold nearly $4 billion worth of Tesla shares since the deal closed on Twitter | CNN Business

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New York CNN Business — Elon Musk has sold $3.95 billion worth of Tesla stock since buying Twitter late last month. Musk’s Tesla stock sales, totaling 19.5 million shares, have been widely anticipated since the Tesla CEO struck a deal to buy Twitter for $44 billion. Musk had sold blocks of Tesla shares worth a …

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US considering whether it has authority to review Musk's Twitter deal

US considering whether it has authority to review Musk’s Twitter deal

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Comment this story Comment Big foreign investors would have access to confidential information about Twitter’s finances — and potentially its users — under the terms of Elon Musk’s deal to acquire the social media site, people familiar with the matter told The Washington Post. The revelation comes as Treasury Department officials begin to explore whether …

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Wheat prices soar after Russia suspends UN grain deal

Wheat prices soar after Russia suspends UN grain deal

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Wheat prices soared in global commodity markets after Russia pulled out of a deal to keep grain exports out of Ukrainian ports, heightening fears that Moscow’s move could deepen global food shortages. “Every fraction of a percentage point pushes someone somewhere above the extreme poverty line,” United Nations aid chief Martin Griffiths told the body’s …

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EXPLANATOR: What Russia's suspension of the grain deal could mean

EXPLANATOR: What Russia’s suspension of the grain deal could mean

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NAIROBI, Kenya (AP) — Russia has suspended its part of a UN-brokered deal allowing Ukraine to safely export grain from its Black Sea ports during a month-long warsaying he would not allow ships to travel. Ukraine said a dozen ships sailed on Monday after initially reporting that more than 200 ships, many loaded and ready …

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OECD tax chief warns of trade wars if global deal not implemented

OECD tax chief warns of trade wars if global deal not implemented

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The outgoing OECD tax chief, who has orchestrated the most sweeping corporate tax reforms for nearly a century, has warned that the United States and Europe risk reigniting trade wars and causing face hundreds of billions of dollars in lost revenue if they don’t implement last year’s global deal. Some 136 countries have backed a …

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