Tesla cuts prices for second time in China as demand drops | Business and Economy News
Tesla has cut prices in China for the second time in less than three months, fuelling forecasts of a wider price war as demand weakens…
Tesla has cut prices in China for the second time in less than three months, fuelling forecasts of a wider price war as demand weakens…
US employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates…
The number of Americans filing new claims for jobless benefits dropped to a three-month low last week while layoffs fell 43 percent in December, pointing…
Several firms have suffered from waning investor appetite for crypto after the major exchange FTX blew up late last year. Cryptocurrency firm Genesis has cut…
Investors hope that once the COVID infection waves pass, life and spending can return to normal. Asian shares have risen sharply on investor hopes for…
Analysts and a leading newspaper have slammed ministers after local markets tanked in Lula’s first two days in office. Criticism of Brazilian President Luiz Inacio…
The sharp fall is on the back of concerns that high inflation and a slowing global economy will hurt demand. Apple Inc’s stock market value…
Tesla Inc shares started 2023 where they left off last year, plunging more than 13 percent on Tuesday on growing worries about weakening demand and…
In early October, Jair Bolsonaro’s poll-defying performance in Brazil’s first-round presidential election revitalised his stuttering campaign. Ultimately, though, it was Luis Inácio Lula da Silva…
From: Counting the CostThe US dollar has been on the up in 2022. What’s next for the greenback, gold and the cryptocurrencies? The United States…
US consumer spending barely rose in November, while annual inflation increased at its slowest pace in 13 months, but demand is probably not cooling fast…
Caroline Ellison, Bankman-Fried’s colleague, said she agreed with him to hide the loans from FTX investors. Sam Bankman-Fried and other FTX executives have received billions…
NDTV founders Radhika and Prannoy Roy made several unsuccessful attempts to block the takeover by Gautam Adani. Indian billionaire Gautam Adani will control 64.71 percent…
Proposed settlement is largest in a US data privacy class action and the most Meta has paid to resolve a class action lawsuit. Facebook owner…
A merger would create a financial data and news giant, further firming up the world’s 12th-richest man’s stronghold. Billionaire Michael Bloomberg, the owner of Bloomberg…
The number of Americans filing new claims for unemployment benefits increased less than expected last week, pointing to a still-tight labour market, while the economy…
Bail package requires Bankman-Fried to surrender his passport and remain in confinement at his parents’ home in Palo Alto. Sam Bankman-Fried was released on a…
John Jay Ray III took control of the failed cryptocurrency exchange FTX in the small hours of November 11. Ray was asked in a US…
Despite high inflation, rising interest rates and a possible recession, US consumer confidence saw a sharp rebound. The confidence of American consumers rebounded this month…
The housing market slump deepened in November as sales of previously occupied US homes slowed for the 10th consecutive month – the longest such stretch…