Category: Business

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Musk Brings in New Investors to Contribute $7 Billion to Twitter Deal

The filing lists a number of investment firms and other backers who will contribute $7 billion to the deal.  » mehr lesen

Lucid Motors sticks to its production target despite a slow quarter.

The Tesla challenger said it continued to have problems finding needed parts.  » mehr lesen

Boeing Plans to Relocate Its Headquarters to Virginia From Chicago

The move underscores the importance of the federal government to the aerospace giant’s business.  » mehr lesen

Shell reports a record $9.1 billion profit.

Rising energy prices, along with cost cutting, helped secure the soaring result at Europe’s largest energy company.  » mehr lesen

OPEC and Allies Promise a Modest Increase in Oil, Yet Again

OPEC Plus announced plans to increase output even as its member nations are bumping up against their ability to pump more.  » mehr lesen

Bank of England raises rates to 1 percent amid recession worries.

The central bank predicted inflation would peak above 10 percent this year, which would be the fastest pace in four decades.  » mehr lesen

Germany’s Military Industry Gears Up to Restock Its Own Forces

The country’s chancellor has pledged about $100 billion to rebuild its army, but that increase in spending may not be enough to reverse years of neglect, experts say.  » mehr lesen

The Fed Signals Urgency

The notion of a return to some kind of prepandemic normal without intervention has been abandoned.  » mehr lesen

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