Elon Musk will address Twitter employees Thursday for the first time since the billionaire and Tesla CEO offered $44 billion to buy the social media platform, the company said Tuesday. Twitter CEO Parag Agrawal announced an all-hands meeting to employees in an email on Monday, saying they’d be able to submit questions in advance, according…
By Saikat Chatterjee LONDON (Reuters) – The U.S. dollar trimmed early losses and held near a 20-year peak on Tuesday while its rivals from the Aussie to the euro struggled as traders braced for aggressive interest rate hikes from the Federal Reserve this week. Expectations for a 75 basis-point increase at the conclusion of a…
(Reuters) – The Russian rouble firmed towards a three-week high against the euro in volatile trade on Tuesday but was steady against the U.S. dollar, while stock indexes inched lower in the absence of new drivers and momentum. At 1050 GMT, the rouble gained 1.9% to 58.97 against the euro, its strongest level since May…
WARSAW, Poland (AP) — Polish President Andrzej Duda has signed into law regulations replacing the controversial body disciplining judges with a new accountability panel in the hope it will persuade the European Union to release billions of euros in pandemic funds frozen over Poland’s political control of the judiciary. Duda signed the changes into law…
NEW YORK (AP) — The 2022 back-to-school shopping season should enjoy strong sales increases from a year ago, fueled by a heavy demand for trendy fashion, though the growth won’t be as robust as last year when business was rebounding from pandemic-related virtual schooling. Mastercard SpendingPulse, which tracks spending across all payment forms including cash,…
(Reuters) – Elon Musk will speak to Twitter Inc employees this week for the first time at a company-wide meeting since launching his $44 billion bid in April, a source said on Monday, citing an email from Twitter Chief Executive Parag Agrawal to staff. The meeting is scheduled for Thursday, and Musk will take questions…
LVIV, Ukraine (AP) — Sievierodonetsk, the main focus of the fighting in eastern Ukraine in recent weeks, isn’t yet blocked off by Russian troops even though they control about 80% of the city and have destroyed all three bridges leading out of it, an official said Tuesday. “There is still an opportunity for the evacuation…
By Alex Lawler and Dmitry Zhdannikov LONDON (Reuters) – World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation and act as a drag on the global economy. Fuel use has rebounded from the 2020 pandemic-induced slump and is set to…
LONDON (AP) — British Prime Minister Boris Johnson beat back criticism of his plan to send asylum-seekers of various nationalities to Rwanda on Tuesday, saying that efforts to block the flights were “abetting the work of criminal gangs” involved in smuggling people across borders. Johnson’s government has reached an agreement with Rwanda to deport people…
BERLIN (Reuters) -Germany’s cartel office is looking into Apple’s rules on tracking for third-party apps to see whether they give the U.S. tech giant preferential treatment or hinder other companies, it said on Tuesday. “We welcome data-friendly business models that give users choices about how their data is used,” said cartel office president Andreas Mundt….
