MEXICO CITY (Reuters) -Tesla Inc Chief Executive Elon Musk is considering investing in the northern Mexican state of Nuevo Leon, which borders Texas, two people with knowledge of the matter said on Monday. Musk recently held a meeting in the state with Nuevo Leon Governor Samuel Garcia along with other local officials and Ken Salazar, …
Tesla’s Musk eyes potential investment in Mexican border state -sources Read More »
MOSCOW (Reuters) – The Russian rouble stabilised on Monday, supported by a favourable month-end tax period and the prospect of upcoming dividend payments, which also pushed stocks higher, as investors looked ahead to Friday’s central bank rate decision. At 0806 GMT, the rouble was unchanged against the dollar at 61.29. It had gained 0.1% to …
Rouble steadies near 61 vs dollar with upcoming rate decision in focus Read More »
SARAJEVO (Reuters) – The World Bank on Monday rose its 2022 forecast of economic growth for six countries of the Western Balkans to 3.4% from 3.1% previously but warned it was still impacted by the war in Ukraine and resultant inflation and slowdown in global growth. Economic growth driven by private consumption and investment proved …
World Bank sees Western Balkans economy growing 3.4% in’22, 2.8% in ’23 Read More »
CAIRO (Reuters) – Egypt will develop a new currency indicator partly to wean people off the idea that the Egyptian pound should be pegged to the U.S. dollar, the new central bank governor said on Sunday. Hassan Abdalla, appointed in August, told an economic conference that the central bank was also working to introduce currency …
Egypt to develop new currency indicator to wean people off U.S. dollar Read More »
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Chinese politics, Japanese policy. Remarkable developments on both fronts over the last 48 hours will be the talk of Asian trading floors on Monday – the former with longer-term economic consequences, and the latter potentially sparking more immediate …
(Reuters) – Billionaire Elon Musk said in a tweet on Sunday pushed back by a month the date for Neuralink’s “show & tell” event to Nov. 30 and did not provide further information. The chief executive of electric car maker Tesla Inc and rocket developer SpaceX said in August that the event would be held …
Neuralink’s ‘show & tell’ delayed by one month, Elon Musk says Read More »
(This Oct. 21 story has been refiled to fix the spelling of CEO’s first name to “Trisha” instead of “Tricia” in paragraph 3) By Arathy Somasekhar and Stephanie Kelly (Reuters) – U.S. shale oil executive Matt Gallagher this week took a poll on Twitter to gauge sentiment toward President Joe Biden’s offer to stock the …
Shale firms discount ‘U.S. put’ as inadequate to lift oil output Read More »
RIYADH (Reuters) -Saudi Arabia’s crown prince on Sunday launched an initiative to attract investments in supply chains to and from the kingdom, with an aim of raising an initial 40 billion riyals ($10.64 billion). The initiative by Prince Mohammed bin Salman will include allocating about 10 billion riyals in incentives for supply chain investors, state …
Saudi Arabia launches bid to attract $10 billion in supply chain investment Read More »
(Reuters) – Dietrich Mateschitz, the Austrian billionaire founder and owner of energy drink company Red Bull, died on Saturday at the age 78 after a serious illness with cancer. His death was confirmed by the championship-leading Red Bull Formula One team. The Styrian-born entrepreneur built a global empire around the energy drink Red Bull and …
SANTIAGO (Reuters) – Chilean telecoms giant Entel said on Saturday it would sell the assets of its fiber optic business, which provides services to homes, to local company ON*NET Fibra in a deal worth $358 million. The sale, led by investment banks BNP Paribas, Santander and financial adviser Scotiabank, is subject to approval by Chile’s …
Chile’s Entel to sell fiber optic assets for $358 million Read More »
