Delaware Judge Invalidates Elon Musk’s $56 Billion Tesla Pay Package Amid Shareholder Lawsuit A Delaware judge has invalidated Elon Musk’s $56 billion pay package as Tesla’s CEO, following a lawsuit by investor Richard Tornetta who deemed the deal...
Geopolitical Tensions Propel Oil Prices Higher Amid Middle East Concerns and Global Supply Disruptions Oil prices saw an early uptick on Tuesday, driven by mounting geopolitical tensions in the Middle East, heightening concerns about potential disruptions in the...
Hong Kong Court Orders Liquidation of China Evergrande, Sending Shockwaves Through Fragile Markets On Monday, a Hong Kong court issued a verdict to liquidate the prominent China Evergrande Group (HK:3333), marking a significant development with potential repercussions...
Elon Musk Warns of Growing Chinese EV Dominance as BYD Overtakes Tesla in Sales Elon Musk, CEO of Tesla (NASDAQ:TSLA), emphasized on Wednesday that Chinese automakers, particularly companies like BYD (SZ:002594), pose a significant threat to global rivals and could...
Conflicting Signals Keep Oil Prices in Tight Range as Global Supply and Demand Uncertainties Persist In Asian trade on Wednesday, oil prices remained within a narrow range due to conflicting signals on global supply and demand. Brent struggled to surpass key levels,...
On Tuesday, U.S. stock futures exhibited a subdued performance, consolidating gains from the previous session as investors awaited a flurry of significant corporate earnings releases. By 06:30 ET (11:30 GMT), the Dow Futures contract showed a marginal decline of 45...