Bloomberg Business

Tesla Inc. CEO Elon Musk was on his way to the airport in August 2018 when he made a “split-second decision” to tweet that he was “considering” taking the company private with “funding secured” because he’d just read a news article revealing that Saudi Arabia was investing heavily in the electric-car maker.

(Bloomberg) — India’s economy picked up speed in December as business conditions improved, marking a rebound for the South Asian nation that had showed signs of a slowdown the preceding month.

A better-than-expected upswing in tourism from China’s re-opening and the likely fillip to domestic consumption make Thai stocks the top pick for JPMorgan Chase & Co. in Southeast Asia.

(Bloomberg) — An upswing in tourism from China’s reopening will help boost Thailand’s economy, but isn’t sufficient to restore growth to pre-pandemic levels just yet, according to analysts.

A top Republican lawmaker asked the Commerce Department for documents linked to the enforcement of export controls on sensitive technologies, amid concerns that the Biden administration isn’t doing enough to restrict China’s access to advanced semiconductors.

Genesis Global Capital is laying the groundwork for a bankruptcy filing as soon as this week, according to people with knowledge of the situation.

The UK awarded £2.1 billion ($2.6 billion) of funding to regional infrastructure and regeneration projects from Scotland to Cornwall, following months of delay to the allocations due to political turmoil in Westminster.

Jamaican Olympic sprinter Usain Bolt was shocked to discover $12 million missing from an account he had with Kingston-based investment firm Stocks and Securities Ltd., according to his lawyer.

A pair of Federal Reserve officials who vote on policy this year backed moderating the pace of interest-rate increases as two others voiced support for additional hikes.