Business

Elon Musk offers to buy Twitter

The offer comes after Musk, who owns nine percent of Twitter’s shares, said he will not be joining the company’s board of directors. Elon Musk is offering to buy Twitter. The revelation on Thursday came just days after the Tesla CEO said he would no longer be joining the social …

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Elon Musk sued over Twitter

A Twitter investor claims Elon Musk has gained millions of dollars by ‘deflating’ share prices through delayed disclosure A Twitter investor, Marc Rasella, has accused the SpaceX founder and the world’s richest man, Elon Musk of causing him to lose money through “misleading statements” about his purchase of a large …

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EU meets OPEC amid calls for oil output increase

European Union officials will hold talks in Vienna with OPEC representatives on Monday amid calls for the producer group to increase output and as the EU considers potential sanctions on Russian oil. OPEC has resisted calls by the United States and the International Energy Agency to pump more crude to …

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A rise in oil prices in the global market

Oil prices rose, in conjunction with the unrest in Kazakhstan, which raised concerns among consumers about the shrinking of supplies . After recording a stabilization in gas prices before the end of last year, Bloomberg Agency reported that natural gas prices rose by more than 40% this week, as Russian gas …

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South Korea’s exports rose 25.8% in 2021

The Ministry of Industry in South Korea said that exports rose by 25.8 percent in 2021 compared to the previous year . The ministry stated that exports recorded their highest level ever, against the backdrop of strong demand for chips and petroleum products amid the global economic recovery . The volume of …

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Brent near $80 as market shrugs off Omicron

Oil prices extended gains on Tuesday, with Brent crude trading near $80 a barrel despite the rapid spread of the Omicron coronavirus variant, supported by supply outages and expectations that U.S. inventories fell last week. Brent crude rose by 60 cents, or 0.8%, to $79.20 a barrel by 12 p.m. …

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