Twitter sacks half of its staff as Elon Musk launches overhaul
Twitter sacked half of its 7,500-strong staff on Friday as new owner Elon Musk launched his major overhaul of the troubled company just a week after his blockbuster takeover. An…
Twitter sacked half of its 7,500-strong staff on Friday as new owner Elon Musk launched his major overhaul of the troubled company just a week after his blockbuster takeover. An…
Emirates Airlines has suspended flight operations to Nigeria over its inability to repatriate blocked funds. The airline in a statement made available to newsmen on Thursday said the suspension took…
Advertisers are grappling with Twitter’s new ownership under Tesla boss Elon Musk, who once tweeted “I hate advertising”. Below are reactions from some of the companies: Ford Motor Co (F.N)…
Plans by central banks to launch digital currencies are not a threat to other cryptocurrencies as they would validate blockchain technology and build trust among sceptics, the CEO of the…
Robinhood Inc (HOOD.O) posted a smaller-than-expected quarterly loss on Wednesday as the brokerage’s margin trading business benefited from rising interest rates, while increased volatility in the markets helped its equity…
Egypt’s non-oil private sector remained deep in contraction in October, the 23rd straight month of decline, a survey showed on Thursday. The S&P Global Egypt Purchasing Managers’ Index (PMI) stood…
The Bank of England raised interest rates to 3 per cent on Thursday from 2.25 per cent, its biggest rate rise since 1989 as it warned of a “very challenging”…
The Qatar Investment Authority plans to raise its stake in Swiss lender Credit Suisse Group AG (CSGN.S) by investing in a share sale alongside the Saudi National Bank (1180.SE), the…
Electronic Arts Inc (EA.O) will launch an Iron Man game and at least two other action-adventure titles revolving around characters from the Marvel universe, under a deal announced by the…
Tesla (TSLA.O) aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck Chief Executive Elon Musk…