Finance

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Elon Musk Gets SUED By Twitter Investors... But He Strikes Back! | Elon Musk says his high-profile deal to buy Twitter for $44 billion is dead, but the socia...

Alibaba Group is cutting over a third of staff in its in-house deals team, four people with knowledge of the matter said, after Beijing's sweeping regulatory crackdown sharply slowed the Chinese e-commerce behemoth's dealmaking pace.

Elon Musk mocked Twitter's efforts to force him to purchase the company -- in a tweet, of course.

Repeated assurances by the backers of Tether, the biggest stablecoin, that the token is backed by ample reserves and working smoothly haven’t been enough to reassure markets.

According to an analysis from SecretChina, several cities in mainland China are showing varying signs of restrictions on cash withdrawals. Some banks limit the withdrawal amount to no more than 150 dollars, and others limit the number of withdrawals. Mean...

China’s Industrial and Commercial Bank of China (ICBC) and China Merchants Bank have announced that some of their Robo-advisors would be suspended, explaining that it was to comply with regulatory requirements.

NYT: The Russian ruble reached a seven-year high, confirming its status as the world's best-performing currency. It's up about 35% so far this year, and more than doubled from its lowest level after the Ukrainian invasion.

Sanctions against Russia are already having an effect. Prices are already rising, companies are closing and unemployment is rising. Especially in Russian aviation. What is the impact Russia's war against Ukraine is having on the country's industry?

Tesla CEO Elon Musk is threatening to walk away from his deal to buy Twitter, claiming that the social media company is withholding information about bot accounts. CNBC's Dominic Chu reports on why this could kill the $44 billion deal.

Sri Lanka's debt crisis is a warning to the world. The World Bank says a global debt storm is coming. It could engulf 70 developing countries & make their economies fall like dominoes. What are the threats they face? How can they be averted? Palki Sha...

The Annual Meeting 2022 will embody the World Economic Forum’s philosophy of collaborative, multistakeholder impact, providing a unique collaborative environment in which to reconnect, share insights, gain fresh perspectives, and build problem-solving com...