Tesla’s April sales volume in Europe showed something important: Growth. Tesla stock was down 2.6% in early trading Wednesday at $181.72, while the was little changed and the was down 0.1%. The drop comes after news the electric vehicle maker sold 11,254 cars in the European Union last month, up about 3% year over year, according to the European Automobile Manufacturers’ Association.
Aussies have rushed to ATMs all over the country to withdraw thousands in cash – here’s why so many are doing it.
Private health insurance customers could save hundreds of dollars when changes to rebates come into effect next month.
China Evergrande's former CEO, who Chinese regulators recently said was "uncontactable", has sold his home in Hong Kong at a loss of HK$74 million ($9.48 million) from the purchase price, according to a property agent. Xia Haijun last month sold a 2,834 net sq ft (263 sq m) five-bedroom duplex flat in North Point Mid-Levels district on Hong Kong island for HK$82 million, said Gary Lam, a senior sales director at real estate agency Centaline. Xia, who stepped down from the embattled Chinese developer in 2022 after an internal probe found he was involved in diverting loans worth $2 billion secured by unit Evergrande Property Services to the group, bought the flat from New World Development in 2019, according to records from the Land Registry.
The woman from Brisbane is urging others to look out for the red flags she missed. Read more here.
Clawback After firing a number of Twitter staff in Australia, the platform's new owner Elon Musk is threatening to take them to court, demanding to claw back payments after claiming the company had overpaid them. Twitter, which Musk has since renamed to X, fired much of its remaining staff stationed in Australia in January 2023. […]
Esports entrepreneur Mario Ho Yau-kwan, the youngest son of the late Macau casino tycoon Stanley Ho Hung-sun, is seeking to expand the international reach of his organisation NIP Group, as it pursues an initial public offering (IPO) in the United States. NIP is a Cayman Islands-based holding company, with operations primarily conducted through two wholly-owned subsidiaries: Ninjas in Pyjamas Gaming in Sweden, which is engaged in esports teams operations; and Wuhan Xingjingweiwu Culture & Sports
The multi-billionaire had campaigned for the payout, which is worth up to $56bn.
Keith Gill, the stock influencer known as Roaring Kitty, updated his holding of GameStop on Thursday to show he now owns 9 million shares of the company, up from 5 million at the start of the week. Gill's update, posted on Reddit after the close of trading, showed the value of his position at $262.1 million. Gill who helped launch the meme-stock phenomenon in 2021, recently disclosed a sizeable GameStop stock and options position in a screen shot posted on Reddit on June 2.
A tough new raft of U.S. sanctions sent jitters rippling through the Russian financial system Thursday and forced Moscow’s main financial trading platform to halt dollar and euro transactions, further raising the cost of President Vladimir Putin’s war against Ukraine. The sharp escalation in sanctions by the Treasury Department prompted former Russian president and prime minister Dmitry Medvedev, now a senior security official, to call on the population to “inflict maximum harm” on Western socie
High costs aren’t helping.
Shanghai Technology Exchange (STEX), China's first permanent market for trading intellectual property rights to technologies, plans to open a Hong Kong branch, as the nation searches for ways to help domestic companies access global knowledge. The outpost is expected to open next year, enabling Chinese firms to buy technologies from overseas entities and raise funds, STEX chairman Xie Jihua told the South China Morning Post during a media briefing in Shanghai on Thursday. It marks the latest eff
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Proper planning is crucial if you want to retire wealthy. Here are some common mistakes you’ll want to avoid, as they can seriously deter your plans.
(Bloomberg) -- It took Scott Chan two years to convince his bosses at the California State Teachers’ Retirement System to free up more cash for lucrative investments alongside the world’s biggest private equity firms. Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanYes, Everyone Really Is Sick a Lot More Often After CovidWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Beaches o
An expert has shared the five best - and five worst - things you can do this tax time to get the best possible return.
One major Aussie bank has made a major call on when the next rate cut will kick in – and it’s not all good news.
(Bloomberg) -- The yen fell and Japanese sovereign bonds advanced after the Bank of Japan said it would reduce debt purchases but delayed providing details until its next policy meeting.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Southwest Plane Plunged Within 400 Feet of Ocean Near HawaiiTesla Investors Get Behind Musk’s Fight for $56 Billion Pay DealBump Stock Ban Tossed Out by Supreme Court in Gun-Rights WinApple to ‘Pay’ OpenAI for ChatGPT Thro
It is hard to get excited after looking at Reliance Worldwide's (ASX:RWC) recent performance, when its stock has...
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