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Musk lawyers say Twitter refusing new $44bn bid for company

Twitter is asking a Delaware court to proceed with an upcoming trial against Elon Musk, saying the billionaire refuses to accept the “contractual obligations”...

Opec+ makes big oil cut to boost prices

The Opec+ alliance of oil-exporting countries has decided to sharply cut production to support sagging oil prices. Energy ministers meeting at the Vienna headquarters of...

Musk proposes going ahead with deal to buy Twitter

Trading in shares of Twitter were halted after the stock spiked on reports that Elon Musk would proceed with his 44 billion US dollar...

Chinese firm Geely buys 7.6% stake in Aston Martin Lagonda

One of China’s biggest independent car makers has bought a 7.6% stake in British luxury brand Aston Martin Lagonda and said it looks forward...

Boeing agrees multimillion-dollar payout over plane safety claims

Boeing is to pay 200 million dollars (£178m) to settle allegations that the company and its former CEO misled investors about the safety of...

Auction of art from Microsoft co-founder Paul Allen’s estate could raise £842m

Some 150 artworks from the collection of Microsoft co-founder Paul Allen will be auctioned at Christie’s in New York this autumn and are expected...

South Korea signs $2.25 billion deal with Russia nuclear company

South Korea has signed a $2.25 billion deal with a Russian state-run nuclear energy company to provide components for Egypt’s first nuclear power plant. South...

SEC questions Twitter on method of calculating fake accounts

US securities regulators are questioning Twitter about how it calculates the number of fake accounts on its platform. The Securities and Exchange Commission in June...

Former Twitter security chief files whistleblower complaints

A former head of security at Twitter has filed whistleblower complaints with US officials, alleging the company misled regulators about its cybersecurity defences and...

Adidas looks for new boss as CEO prepares to step down next year

Adidas’ chief executive officer Kasper Rorsted will step down next year, the sports apparel maker said. The company has started looking for a successor. Mr Rorsted,...

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