Business

US: Elon Musk Under Federal Investigations, Twitter Says in Court Filing

"This game of 'hide the ball' must end," the company said in the court filing.

2 years ago

OPEC+ Oil Supply Cuts could Tip World into Recession, IEA Says

The warning from the agency highlights a rift with Saudi Arabia, the world's top oil exporter, and OPEC's de facto…

2 years ago

Elon Musk Sells $1 Million Worth of New Perfume, ‘Burnt Hair’

Musk's ambitions over the years have ranged from colonizing Mars to creating a new sustainable energy economy.

2 years ago

Shell Probes Illegal Oil Tap After Report of Prolonged Theft

NNPC pointed to the theft line discovery as evidence that Nigeria's coordinated interventions, including contracts with companies owned by former…

2 years ago

Nigeria’s Oil Production to Get Boost as Shell Resumes Export at 400,000bpd Forcados Terminal Month End

Shell had declared a force majeure on the Forcados Oil Terminal Offtake Programme due to integrity compromise through constant oil…

2 years ago

Biden Vows ‘Consequences’ for Saudis after OPEC+ Cuts Output

It remains to be seen how far Biden is willing to go in showing his displeasure with the Saudis, a…

2 years ago

India to Press Apple and Samsung for Faster 5G Software Upgrades in Phones

Prime Minister Narendra Modi launched 5G services on Oct. 1 amid much fanfare.

2 years ago

UK Labour Market Exodus Drives Jobless Rate Down to 3.5%

The number of people in employment fell by 109,000 in the June-August period, less than a median forecast for a…

2 years ago

Nigeria to Take Final Investment Decision on $25bn Gas Pipeline Next Year

NNPC Group CEO Mele Kyari said the country's oil output will increase by 500,000bpd after ongoing repairs.

2 years ago

Former US Fed Chair Bernanke Shares Nobel for Research on Banks

With their research in the early 1980s, the laureates laid the foundations for regulating financial markets and dealing with financial…

2 years ago