NEW YORK/BENGALARU (Reuters) – Elon Musk said in a social media post on Sunday that his proposed fight with Meta Chief Executive Officer Mark Zuckerberg would be live-streamed on social media platform X, formerly known as Twitter. The social media and tech moguls have been egging each other into a mixed martial arts cage match …
Musk says fight with Zuckerberg to be live-streamed on X Read More »
FRANKFURT (Reuters) -Daimler Truck’s Chief Financial Officer Jochen Goetz has died in a “tragic accident,” the company said on Sunday. Goetz, 52, died on Saturday, a statement said, without giving details of the accident. Goetz spent his entire professional career, spanning more than 36 years, in the Daimler Group, and was largely responsible for the …
Daimler Truck CFO Jochen Goetz dies in ‘tragic accident’ Read More »
BAGHDAD (Reuters) – Iraq’s telecoms ministry said it has blocked the Telegram messaging app over national security concerns and in order to preserve the integrity of users’ personal data, which it said the app had mishandled. The app is widely used in Iraq for messaging but also as a source of news and for sharing …
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By Lewis Jackson SYDNEY (Reuters) -Australia will drastically toughen penalties against promoters of dodgy tax schemes and beef up regulatory powers under reforms announced on Sunday in response to a scandal over the use of leaked fiscal plans by PwC Australia. The leak of the confidential government documents, by a former partner at the professional …
Australia announces tax adviser crackdown after PwC leak scandal Read More »
By David Shepardson WASHINGTON (Reuters) – The White House wants federal agencies to “aggressively” execute a shift to more in-person work starting next month, saying it is crucial to delivering government services. White House Chief of Staff Jeff Zients, in an email on Friday, said “we are returning to in-person work because it is critical …
White House pushes US agencies to ‘aggressively’ boost in-person work Read More »
By Abhirup Roy SAN FRANCISCO (Reuters) – Electric vehicle maker Lucid cut prices of its Air luxury sedans by as much as $12,400 as part of an offer, it said on Saturday, amid rising competition in the U.S. EV industry and a price war sparked by Tesla. Lucid reduced the price of the Air Pure …
EV maker Lucid slashes prices of Air sedan as part of offer amid heating competition Read More »
(Reuters) – The U.S. Federal Reserve will likely need to raise interest rates further to bring down inflation, Governor Michelle Bowman said on Saturday. Bowman said she supported the Fed’s quarter-point increase in interest rates last month, given still-high inflation, strong consumer spending, a rebound in the housing market and a labor market that is …
Fed’s Bowman says more US rate hikes likely will be needed Read More »
(Reuters) – A Canadian government agency has guaranteed fresh commercial loans of up to C$3 billion ($2.2 billion) to the controversial Trans Mountain pipeline expansion project that has suffered repeated cost overruns. The information disclosed by Export Development Canada (EDC) showed that a new loan guarantee of C$2.75-C$3 billion was signed in July, though it …
(Reuters) -Dock workers in western Canada voted to accept an improved labor contract after a month-long dispute that affected trade and disrupted operations at the country’s busiest ports, their union said on Friday. The vote was 74.66% in favor of the terms of the settlement, the International Longshore and Warehouse Union (ILWU) said in a …
Western Canada dock workers vote to accept contract offer Read More »
By Echo Wang (Reuters) – Wall Street closed lower on Friday after a report of slowing U.S. labor market growth, and all three major indexes posted weekly losses as investors braced for more possible downside surprises a day after disappointing earnings from Apple. Apple’s shares AAPL.O fell 4.8%, its biggest daily percentage decline since Sept. …
Wall Street ends lower after US jobs report; Apple weighs Read More »
