© Reuters. Charting the Global Economy: Inflation Hits a Record in Europe (Bloomberg) — Record inflation in the euro zone is seen fueling the European Central Bank’s tightening debate at this coming week’s policy meeting, where officials are expected to end asset purchases and lay the ground for an interest-rate liftoff next month. In the…
Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO Elon Musk’s ultimatum for employees to return to the office for at least 40 hours per week—or else—started a Twitter spat with Atlassian’s billionaire CEO Scott Farquhar, who said Tesla’s directive was “like something out of the 1950s” and suggested he would be happy for Tesla…
Share to FacebookShare to TwitterShare to LinkedinTopline Tesla CEO Elon Musk wants to lay off around 10% of Tesla’s workforce due to his concerns about the state of the global economy, Reuters reported on Friday citing an internal email sent to company executives, a move that could see thousands of workers at the electric car…
TEHRAN, Iran (AP) — Iran’s Supreme Leader Ayatollah Ali Khamenei acknowledged Saturday that Iran took the oil from two Greek tankers last month in helicopter-launched raids in the Persian Gulf.The confiscations were retaliation for Greece’s role in the U.S. seizure of crude oil from an Iranian-flagged tanker the same week in the Mediterranean Sea over…
Big tech is experiencing a big shift in C-Suite talent as high ranking executives from some of the world’s largest companies take their leave. Amazon is the latest company to announce a big shift as Consumer Chief Dave Clark resigns from Amazon (AMZN) – Get Amazon.com, Inc. Report after 23 years at with company. Clark’s resignation…
© Reuters. FILE PHOTO: The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts By Lewis Krauskopf NEW YORK (Reuters) – A rally that lifted U.S. stocks from the…
2/2 © Reuters. Passersby wearing protective face masks are seen in front of an electronic board showing Japan’s Nikkei share average, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan November 1, 2021. REUTERS/Issei Kato 2/2 By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell as U.S. Treasury yields reached two-week highs on Friday…
© Reuters. FILE PHOTO: The facade of Argentina’s Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Analysts consulted by Argentina’s central bank raised their inflation estimate for the South American country for 2022 to 72.6%, 7.5 percentage points above the previous month’s…
President Joe Biden dismissed a complaint from the richest man in the world by wishing him “lots of luck on his trip to the moon.”Biden was asked on Friday about comments from Tesla CEO and SpaceX founder Elon Musk, who emailed Tesla staff Thursday to announce he’d be cutting 10% of jobs because he has…
Share to FacebookShare to TwitterShare to Linkedin Arnav Bathla in San Francisco, California Arnav Bathla 21-year-old Arnav Bathla had dropped out of college, made a bold move of moving to the United States with a one-way ticket, and founded Coinbooks, a San Francisco-based Web3 startup, building an accounting software designed for crypto-native organizations. The company,…
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