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 Twitter Inc employees expressed disbelief and exhaustion on Friday after billionaire entrepreneur Elon Musk said he was terminating a deal to buy the social media company in what could be the start of months of legal wrangling.
Twitter Workers Brace For More 'Circus' After Elon Musk Torpedoes Deal
Calender
Jul 28, 2022 11:16 PM
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Twitter Inc employees expressed disbelief and exhaustion on Friday after billionaire entrepreneur Elon Musk said he was terminating a deal to buy the social media company in what could be the start of months of legal wrangling.
Twitter Gets Fast-Tracked Elon Musk Trial Over $44 Billion Deal
Twitter Gets Fast-Tracked Elon Musk Trial Over $44 Billion Deal
calender
Jul 28, 2022 11:12 PM
Twitter Inc will get an October trial in its legal fight to hold Elon Musk to his $44 billion takeover, after a Delaware judge said on Tuesday the social media company deserved a quick resolution of the deal's uncertainty.
Brent Crude Settles Below $100/bbl On Higher Dollar, Weak Demand Outlook
Brent Crude Settles Below $100/bbl On Higher Dollar, Weak Demand Outlook
calender
Jul 28, 2022 11:04 PM
Global benchmark Brent crude tumbled $7 on Tuesday to settle below $100 a barrel for the first time in three months on a strengthening dollar, COVID-19 curbs in top crude importer China, and rising fears of a global economic slowdown.
Oil Settles Up Nearly $4 As Tight Supply Outweighs Recession Fears
Oil Settles Up Nearly $4 As Tight Supply Outweighs Recession Fears
calender
Jul 28, 2022 10:59 PM
Oil prices settled sharply higher on Thursday, rebounding from steep losses the previous two sessions, as investors returned their focus to tight supply despite nagging fears of a potential global recession.
Oil Settles Higher On U.S. Inventory Drop, Russia Gas Cuts
Oil Settles Higher On U.S. Inventory Drop, Russia Gas Cuts
calender
Jul 28, 2022 10:47 PM
Oil settled up more than $2 on Wednesday as a report of lower inventories in the United States and cuts in Russian gas flows to Europe offset concern about weaker demand and a U.S. interest rate hike.
India's Reliance Industries Profit Surges, Powered By Oil Business
India's Reliance Industries Profit Surges, Powered By Oil Business
calender
Jul 28, 2022 10:42 PM
India's Reliance Industries Ltd reported a 46.3% jump in June-quarter profit, as robust refining margins due to intake of cheaper Russian crude and fuel exports buoyed its dominant oil-to-chemicals business.
S.Korea Willing To Back U.S. Plan To Cap Russian Oil Price
S.Korea Willing To Back U.S. Plan To Cap Russian Oil Price
calender
Jul 28, 2022 10:19 PM
South Korea said it was willing to support U-S. led plans to impose a price cap on Russia oil, agreeing with Washington's initiatives to limit revenue to Moscow while mitigating global inflation.
Oil Rises 2% As No Immediate Saudi Output Boost Expected
Oil Rises 2% As No Immediate Saudi Output Boost Expected
calender
Jul 28, 2022 10:10 PM
Oil gained 2.5% after a U.S. official told Reuters that an immediate Saudi oil output boost was not expected, and as investors question whether OPEC has the room to significantly ramp up crude production.
Libya's Oil Chief Rejects Sacking, Says Govt Mandate Expired
Libya's Oil Chief Rejects Sacking, Says Govt Mandate Expired
calender
Jul 28, 2022 10:04 PM
The head of Libya's National Oil Corp (NOC) rejected the prime minister's authority to sack him, raising the prospect of an open struggle for control of the state energy producer.