Musk puts $44 billion Twitter deal on hold over fake account data

(Reuters) -Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc is “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts.

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13-05-2022

Pence backs Georgia's Kemp in opposition to Trump

Former U.S. Vice President Mike Pence will host a rally for Georgia Governor Brian Kemp on the eve of his re-election race, setting up a direct clash with former President Donald Trump as Republicans vie to keep control of the key southern state.

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13-05-2022

United Airlines reaches new contract deal with pilots' union

United Airlines Holdings Inc Chief Executive Scott Kirby said on Friday the carrier and its pilots' union had reached an agreement in principle on new contract terms.

newspaper

13-05-2022

Musk puts $44 billion Twitter deal 'temporarily on hold', shares slide

(Reuters) -Elon Musk tweeted that his $44-billion deal for Twitter Inc was “temporarily on hold” on Friday while he waits for data on the proportion of its fake accounts, sending shares in the social media platform plunging.

newspaper

13-05-2022

U.S. stock futures rebound, Twitter falls

U.S. stock index futures rebounded ahead of the Wall Street open on Friday, keeping fears of a bear market at bay, though Twitter shares slid after Elon Musk put his $44 billion deal for the company temporarily on hold.

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13-05-2022

Exclusive-Shanghai's lockdown delays dollar buying, gives falling yuan reprieve

Shanghai's COVID-19 lockdown is wreaking havoc on companies' dividend-payment paperwork and bankers say it is delaying summertime dollar buying as some firms are unable to collect the signatures and company seals needed to process FX contracts.

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13-05-2022

Gold heads for fourth weekly dip as dollar, Fed hike bets dim appeal

Gold fell on Friday and was headed for a fourth consecutive weekly decline pressured by overall strength in the dollar on prospects of aggressive interest rate hikes by the U.S. Federal Reserve.

newspaper

13-05-2022

Musk shelves $44-billion Twitter deal 'temporarily', shares slump

(Reuters) -Elon Musk put his $44-billion deal for Twitter Inc "temporarily on hold" on Friday while he awaits data on the proportion of its fake accounts, sending the shares in the social media platform plunging.

newspaper

13-05-2022

Euro falls back towards 2017 lows on Russian energy crisis

The euro hovered near its weakest point since early 2017 on Friday after Russian sanctions led to disruptions in gas supplies to Europe, renewing fears about an economic slowdown in the euro zone.

newspaper

13-05-2022