The price cuts follow Tesla boss Musk’s comments last week that a ‘recession of sorts’ was underway in China, Europe. Tesla has
Tag: Financial Markets
US budget deficit halves, despite student loan costs | Business and Economy News
The $1.4 trillion reduction in the deficit was the largest-ever single-year improvement in the US fiscal position. The US government on Friday
India fines Google $162m for anti-competitive practices | Business and Economy News
The regulator said Google leveraged its dominant position in markets such as online search and app store for Android. India’s competition regulator
Snap shares tank 25% as inflation hits ad spend | Business and Economy News
Snap lost $4bn of its market cap in after-hours trading as it posted its slowest revenue growth in five years. The owner
Tesla stock down on growth worries | Business and Economy News
Investors are worried that the electric car maker may miss its growth targets due to inflation and logistical challenges. Shares of Tesla
Pakistan finance minister says it may buy discounted Russian oil | Business and Economy News
If India buying oil from Russia, ‘we also have a right’, minister says as Pakistan aims to preserve its shrinking forex. Pakistan
As the dollar soars, it spreads pain globally | Business and Economy News
The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old
Netflix shares surge as it reverses subscriber slump | Business and Economy News
From July through September, Netflix attracted 2.4 million new subscribers worldwide, more than double the forecast. Netflix Inc reversed customer losses and
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