Regulator sues Musk to force testimony in X probe Financial regulators in the US are suing Elon Musk after the billionaire said he would no longer cooperate with its investigation into his purchase of Twitter, now known as X. The Securities and Exchange Commission (SEC) asked a federal court toContinue Reading
Taylor Swift tour film tops $100m in advance ticket sales Taylor Swift tour film tops has become a box office blockbuster a week before hitting cinemas. Its distributor AMC says global advance ticket sales have topped $100m (£82m), adding demand “has been incredible from the moment it was first announced.” The firmContinue Reading
Metro Bank shares plunge on fund raising reports Metro Bank’s shares plunged after reports it is seeking to raise millions to bolster its finances. The bank’s shares sank by as much as a third after newspapers reported it needed to raise up to £600m. Metro Bank sought to reassure investorsContinue Reading
Prada to design Nasa’s new Moon suit Nasa astronauts will be flying in style, with luxury fashion designer Prada helping design space suits for the 2025 Moon mission. The Italian fashion house will work to design the suits alongside another private company, Axiom Space. In a press release, Axiom saidContinue Reading
Sam Bankman-Fried: FTX crypto empire ‘built on lies’ – prosecutors Former crypto CEO Sam Bankman-Fried has appeared in a New York court to answer to charges that his bankrupted financial empire was “built on lies”. Prosecutors told the court on Wednesday that the former FTX boss stole billions from clientsContinue Reading
Cost of car ownership soars in Singapore The cost of a certificate to own a large family car in Singapore has jumped to a fresh record high of S$146,002 ($106,619; £87,684). The city-state introduced the 10-year certificate of entitlement (COE) system in 1990 as an anti-congestion measure. Prospective car ownersContinue Reading
Ukraine war: Burger King still open in Russia despite pledge to exit Burger King remains open as usual in Russia despite the brand’s owner pledging to leave more than a year ago. Restaurant Brands International (RBI), which owns 15% of the fast-food’s franchise business in Russia, told the dailybulletin itContinue Reading
Evergrande: Shares in crisis-hit property giant jump in market return Shares in crisis-hit Chinese real estate giant Evergrande have jumped as trading in the firm resumed after being suspended in Hong Kong. The company halted trading in its shares on Thursday as it confirmed that its billionaire founder was being investigatedContinue Reading
Arif Patel Congratulates Indian PM Narendra Modi For Successful G20 Summit, PM Says ‘Thank You’ G20 Summit: Following the formal conclusion of the G20 Summit in the New Delhi, India. Arif Patel extended its felicitations to the Prime Minister, to which he responded with gratitude, saying, “Thank You. Thank You.” NewContinue Reading
Another FTX executive Ryan Salame pleads guilty Another former FTX executive has pleaded guilty in the US in a case stemming from the dramatic collapse and bankruptcy of the once popular cryptocurrency exchange. Ryan Salame, one of the firm’s top executives, admitted he had violated campaign finance laws and operatedContinue Reading
