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China Covid: Area around world’s biggest iPhone plant locked down
Chinese authorities have locked down a district in Zhengzhou city - which is home to the world's largest iPhone factory - under the country's strict coronavirus measures.
The lockdown started on Wednesday and is set to last…
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Biden threatens tax hit for oil majors who fail to lower costs
US President Joe Biden said on Monday he plans to seek tax penalties for oil companies unless they invest their record profits in lowering consumer costs and boosting production, criticizing their “war profiteering.”
His comments came…
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Sir Richard Branson declines Singapore death penalty TV debate invitation
Sir Richard Branson has turned down an invitation from Singapore's government to take part in a live television debate about the country's approach towards drugs and the death penalty.
He was invited to take part in a…
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Musk Twitter takeover: Billionaire denies report he plans to fire workers to avoid payouts
Elon Musk has denied a New York Times report that he plans to lay off Twitter workers before the start of next month to avoid having to make payouts.
Replying to a Twitter user asking about the report, he said: "This is…
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Musk plans to start job cuts at Twitter within days
Elon Musk plans to begin layoffs at Twitter as early as Saturday after completing his acquisition of the social media platform, according to people with knowledge of the matter.
Managers have been asked to draw up lists of employees who…
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Elon Musk is forming a council to advise on lifting any Twitter bans
Twitter will form a content-moderation council that includes “widely diverse viewpoints,” and decisions on content and account reinstatements are on hold until the council is convened, new owner Elon Musk said.
Musk, whose US$44 billion…
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Honda unveils new HondaJet with longer flight range, autolanding
Honda Motor Co. will launch a new model of its popular small business aircraft, HondaJet Elite II, featuring a longer flight range and an automatic landing system.
The latest model, priced at $6.95 million, can travel 2,865 kilometers,…
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Amazon warns of slower sales as economy weakens
Apple and Amazon sales are being hit by the weakening global economy, the tech giants have warned, adding to fears about their upcoming profits.
Amazon shares tumbled more than 15% after the US stock market closed, as the…
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Elon Musk completes $44bn Twitter takeover
The world's richest man, Elon Musk, has completed his $44bn (£38.1bn) takeover of Twitter, according to US media and an investor in the firm.
He tweeted "the bird is freed", in an apparent reference to the deal closing.…
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Saudi Arabia’s Minister of Economy and Planning highlights Kingdom’s economic progress at…
Riyadh, Saudi Arabia. 26 October 2022 – Saudi Arabia’s Minister of Economy and Planning, His Excellency Faisal F. Alibrahim, participated in the sixth edition of the Future Investment Initiative (FII) this week, highlighting how emerging…
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