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17717 articles published since 08 Mar 2022

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Elon Musk's X sues advertisers over boycott
Elon Musk's X sues advertisers over boycott

Elon Musk's X sued an advertising group and several large corporations on Tuesday accusing them of causing billions of dollars of losses by "illegally" boycotting the social media platform.

Musk, UK govt spar over far-right riots
Musk, UK govt spar over far-right riots

As far-right riots grip England, provocative tech billionaire Elon Musk is posting sympathy for the anti-immigration demonstrators, angering the UK government, which blames social media companies for fuelling the unrest. He did not come to the UK on an illegal small boat crossing as false rumours on social media have suggested.

US trade gap narrows less than expected in June
US trade gap narrows less than expected in June

The US trade deficit narrowed slightly less than analysts anticipated in June, according to government data released Tuesday, helped by an uptick in exports. The figure was helped by a bigger uptick in exports than imports, with the former rising 1.5 percent to $265.9 billion.

Tokyo's Nikkei index closes up 10.2% after previous day's record fall
Tokyo's Nikkei index closes up 10.2% after previous day's record fall

Tokyo's key Nikkei index closed more than 10 percent higher Tuesday, bouncing back from a record selloff the previous day on worries over the US economy and a stronger yen. Among major shares in Tokyo on Tuesday, Honda roared 14.70 percent to 1,435.5 yen following a report that it was expected to announce a record quarterly profit.

Saudi Aramco Q2 profit dips 3% as output stays low
Saudi Aramco Q2 profit dips 3% as output stays low

Saudi oil giant Aramco on Tuesday reported net income of $29.07 billion in the second quarter, a slight drop from the same period last year as output remained subdued. But the cash cow saw its profits drop by a quarter last year because of lower oil prices and production cuts, and profits in the first quarter of this year were down 14.5 percent.

Tokyo stocks surge after previous day's record fall
Tokyo stocks surge after previous day's record fall

Tokyo stocks surged Tuesday following a record selloff the previous day that was fuelled by worries over the US economy and a stronger yen. Among major shares in Tokyo on Tuesday, Honda roared 16.58 percent to 1,459 yen following a report that it was expected to announce a record quarterly profit.

Olympic venue among 40 museums hit by ransomware attack: French police source
Olympic venue among 40 museums hit by ransomware attack: French police source

The Grand Palais, which is hosting Olympic events in Paris, and around 40 other museums in France were victims of a ransomware attack at the weekend, police sources told AFP Monday. The Grand Palais, which normally hosts major cultural exhibitions but is currently an Olympic venue for fencing and martial arts, confirmed it had been hit by a cyberattack but would not provide details.

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