Tag: Investment

Musk Takes Huge Stake in Twitter After Asking Fans What ‘Should Be Done’ About Free Speech on Platform

April 4, 2022
Business & EconomyCompanieseconomyElon Muskfree speechInvestmentMarketsMedia & Big TechPoliticsSocial MediaTechTech NewsTwitterUSUS News
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Tesla CEO Elon Musk has taken a 9.2 percent stake in Twitter, according to a regulatory filing, becoming the social media giant’s biggest individual shareholder just weeks after questioning the platform’s attitude towards free speech. Musk bought 73.5 million shares of Twitter on March 14, according to a Securities and Exchange Commission (SEC) filing released…

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Musk Takes 9.2 Percent Stake in Twitter After Questioning Its Commitment to Free Speech

April 4, 2022
Business & EconomyCompanieseconomyElon Muskfree speechInvestmentMarketsMedia & Big TechPoliticsSocial MediaTechTech NewsTwitterUSUS News
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Tesla CEO Elon Musk has taken a 9.2 percent stake in Twitter, according to a regulatory filing, becoming the social media giant’s biggest individual shareholder just weeks after questioning the platform’s attitude towards free speech. Musk bought 73.5 million shares of Twitter on March 14, according to a Securities and Exchange Commission (SEC) filing released…

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London Metal Exchange To Suspend Deliveries Of Some Russian Metals Stored In The UK

April 2, 2022
Business & Economycommoditieseconomic policiesEuropeInvestmentLondon Metal Exchange (LME)MarketsRussia-Ukraine WarRussian sanctionsWorld
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The London Metal Exchange announced the suspension of deliveries of certain Russian-produced metals to its warehouses in the UK on April 1st. The exchange, which is owned by Hong Kong Exchanges and Clearing, suspended its operations for more than a week and canceled billions of dollars of trades on March 8, after a run in commodity…

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Japan Will Not Exit From Oil and Gas Project With Russia, Kishida Says

April 2, 2022
Asia & PacificBusiness & EconomycommoditiesCompanieseconomyEuropefumio kishidaInvestmentJapanMarketsRussiaRussia-Ukraine WarWorld
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Japan will not pull out from the Sakhalin-2 liquefied natural gas (LNG) project in Russia despite the withdrawal of other companies over Russia’s invasion of Ukraine, Prime Minister Fumio Kishida said Thursday. “It is an extremely important project in terms of energy security as it has contributed to the long-term, stable supply of inexpensive liquefied…

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Russian Gas Keeps Flowing to Europe as Putin’s Roubles-for-Gas Deadline Arrives

April 1, 2022
Business & EconomycommoditieseconomyEuropeGasInternationalInvestmentMarketsrubleRussiaRussia-Ukraine WarWorld
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Russian gas continued to flow to Europe on April 1, the deadline set by Russian President Vladimir Putin for customers from “unfriendly” countries to start paying for deliveries in roubles or risk being cut off. Russian state-owned energy giant Gazprom said it was continuing to supply natural gas to Europe, Reuters reported. Putin on Thursday signed…

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Kremlin Says Ukrainian Attack on Fuel Depot in Russia Unhelpful for Peace Talks

April 1, 2022
BelogrodBusiness & EconomyeconomyEuropeInternationalInvestmentMarketspeace talksRussia-Ukraine WarUkraineWorld
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The Kremlin on Friday accused Ukraine of a military strike against a fuel depot in the Russian city of Belgorod while saying that the attack was unhelpful for the progress of Russia-Ukraine peace talks, which were set to resume on Friday. Kremlin spokesperson Dmitry Peskov told reporters on Friday that the strike, which Ukraine has neither…

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Tepid Response to Ukraine’s NATO-Style Security Guarantee Request

March 31, 2022
Business & EconomyeconomyEuropeInternationalInvestmentMarketsNATORussia-Ukraine Warsecurity guaranteeUkraineWorld
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Ukraine’s recent proposal for NATO-style security guarantees where guarantor countries would commit to military intervention if Ukraine is attacked has so far met with little enthusiasm and few details. Germany said it’s willing to provide some form of security guarantees but stopped short of committing to military intervention, while the White House said it’s in…

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UK Intelligence Chief Warns China Not to Be ‘Too Closely Aligned’ With Russia

March 31, 2022
Business & EconomyChinaChinese Regimeeconomic policieseconomyEuropeEurope-China RelationsInternational RelationsInvestmentMarketsRussia-Ukraine WarUKUkraineVladimir PutinWorldXi Jinping
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The Chinese regime is at risk of “being too closely aligned” with Russia following its invasion of Ukraine, a UK intelligence chief said on Thursday. In a rare public address during a visit to Australia, Sir Jeremy Fleming, the head of Britain’s GCHQ intelligence agency, said China will not be “well served” by a close…

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Mariupol Evacuation Effort Resumes as Ukraine Braces for Renewed Russian Offensive

March 31, 2022
Business & Economyeconomic policieseconomyEuropeEvacuationInvestmentMariupolMarketsRussia-Ukraine WarUkraineWorld
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A fresh effort is underway to evacuate trapped civilians from the besieged city of Mariupol as Ukrainian forces brace for a renewed Russian offensive in the east. Ukrainian officials said they’re sending a convoy of buses to evacuate people from Mariupol on Thursday after Russia said it was ready to observe a one-day ceasefire in…

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US Home Listing Prices Rose in February, Increasing Competition for Housing

March 30, 2022
Business & Economyeconomyhousing marketInvestmentMarketsmortgage ratesreal estateUSUS Real Estate
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Competition for homes in February among U.S. buyers for this spring heated up for the second month in a row, after news that mortgage rates will go up through 2022, according to OJO Labs, which runs the Movoto by OJO real estate search site. It said that 39.9 percent of homes have sold for more than…

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