Elon Musk, Tesla (NASDAQ:TSLA) Inc’s chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private. Musk’s testimony began with questions about hisContinue Reading
The U.S. dollar slipped lower in early European trade Friday, handing back some of the previous session’s gains as traders attempt to gauge the Federal Reserve’s likely tightening path in the new year. At 02:55 ET (07:55 GMT), the Dollar Index, which tracks the greenback against a basket of sixContinue Reading
Floods and severe lockdowns in China have hampered farming to the point where the country’s winter wheat harvest, which begins next month, remains one of the biggest unknowns in a global economy already beset by high commodity prices. According to the New York Times, if the Chinese harvest is poorContinue Reading
Pakistan Prime Minister Shehbaz Sharif has written a letter to his Indian counterpart, Narendra Modi urging for maintaining meaningful bilateral ties between the two neighboring countries, media reports said. Sharif’s letter on Sunday comes in response to the congratulatory message sent by Modi earlier in the day in which the latter said IndiaContinue Reading
The parliamentary majority of Sri Lanka’s ruling coalition headed by President Gotabaya Rajapaksa has come under threat with dissident lawmakers, led by former president Maithripala Sirisena, planning to break away from the government against the backdrop of nationwide protests over the country’s worst economic crisis. Sri Lanka is currently experiencing its worst economic crisis inContinue Reading
The 36-hour long curfew that was imposed on Sri Lanka on Saturday evening has been lifted on Monday at 6 am but the country is still under the effect of a state of emergency. The curfew was imposed on Saturday from 6 pm by the powers vested in the President underContinue Reading
Google has initiated air raid alerts for Android users in Ukraine directly on their phones before expected attacks happen near them. At the request, and with the help, of the government of Ukraine, Google has started rolling out a rapid Air Raid Alerts system for Android phones in Ukraine. “This work is supplemental to the country’sContinue Reading
The World Bank said its executive board on Monday approved a $723 million package of loans and grants for Ukraine, providing government budget support as the country battles a Russian invasion. The package includes a $350 million loan supplement to a prior World Bank loan, augmented by about $139 millionContinue Reading
Crime involving cryptocurrencies hit an all-time high of $14 billion last year, blockchain researcher Chainalysis said on Thursday, a record that comes as regulators call for more powers over the fast-growing sector. Crypto received by digital wallet addresses linked to illicit activity including scams, darknet markets and ransomware jumped 80% from aContinue Reading
By Administrator_ India Capital Sands News of Amazon.com Inc.’s department store plans sent a shudder through retail stocks just as some of the biggest names in the industry were reporting robust earnings, a signal that new challenges await in the beleaguered sector. Amazon will open several physical locations that will compete withContinue Reading