Elon Musk sold shares in Tesla worth almost $4 billion after completing his takeover of Twitter. The world’s richest person has now sold shares worth almost $20 billion in the electric carmaker since first disclosing a stake in Twitter in the spring.Musk later tabled a bid
Made.com today confirmed that its brand has been bought by Next after the online furniture retailer, whose stock soared during the pandemic, fell into administration putting 500 jobs at risk. Made’s operating subsidiary, MDL, was forced to appoint administrators from specialist firm PwC who immediately tied
SEOUL — North Korea’s record year of missile launches has shown its willingness to pour resources into producing and deploying more weapons than ever, supported in part by overseas networks that provide funding and material, analysts say. Last week the country fired more than 80 missiles,
Eurora Solutions, the provider of a leading AI/ML (artificial intelligence/machine learning) backed cross-border trade compliance platform, launches its Service Portal, enabling UK Small and Medium Enterprises (SMEs) to outsource the complexities of dealing with the red tape caused by Brexit. Using the Service Portal,
Through a strategic partnership, tech company Terranet is taking decisive steps towards a complete prototype for its driver assistance system BlincVision. Prevas is commissioned to build the first prototype of BlincVision’s laser scanner module. Terranet has chosen Prevas as a partner to manufacture a first prototype
China’s COMAC C919. — WIKIMEDIA COMMONSBEIJING — China staged a low-key but historic debut of its C919 civil jet at its biggest air show on Tuesday, with some delegates unable to attend the scaled-down event because of Beijing’s zero-COVID policy as cases reached the highest
FTX.COMCrypto exchange FTX saw around $6 billion of withdrawals in the 72 hours before Tuesday morning, according to a message to staff sent by its Chief Executive Officer Sam Bankman-Fried that was seen by Reuters. In a surprise move, Changpeng Zhao, boss of major rival Binance,
SHARM EL-SHEIKH, Egypt — Promises by companies, banks, and cities to achieve net-zero emissions often amount to little more than greenwashing, United Nations (UN) experts said in a report on Tuesday as they set out proposed new standards to harden net-zero claims.The report, released at
WIKIMEDIA COMMONSBANGKOK — Thailand is walking back a policy that would have allowed limited land ownership by wealthy foreigners, a government official said on Tuesday, after a public backlash against the plan.Earlier this year, the government announced the plan aimed at attracting investment from overseas,
Throughout the past few decades, the status quo of business management consulting has been largely uninterrupted. Even if the “old ways” were not resulting in success or satisfaction for corporate clients, they were all the industry knew. So, the world of business management consulting remained stagnant,
Five community-based programs that offer circular economy solutions have each received up to Php 500,000 in grant funding from the Reimagine Recycling initiative of Save Philippine Seas and Coca-Cola Foundation Philippines, with special participation from Tetra Pak Philippines.Reimagine Recycling is a program that aims to
From left to right: Ma. Angelina B. Magsanoc (VP-Marketing), Christopher G. Narciso (Executive VP), Cornelio S. Mapa Jr. (VP and Treasurer), Leonardo T. Po (Director and Treasurer – Century Pacific Food, Inc.), Enrique Y. González (Director), Teodoro Alexander T. Po (Vice Chairman, President and CEO
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