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09 Mar

Tesla will pay conscripted Ukrainian employees up to 3 months - CNBC

Tesla Inc will give Ukrainian employees asked to defend their country at least three months of pay, CNBC reported on Wednesday, citing an e-mail from Monday by the EV maker to its employees in Europe, Middle East and Africa.

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09 Mar

Russian rouble drops to record lows in Moscow amid fresh sanctions

(Reuters) -Russia's rouble tumbled to record lows in onshore trading on Wednesday despite measures by Moscow to shore up its battered economy and safeguard hard currency availability amid fresh economic sanctions triggered by its invasion of Ukraine.

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09 Mar

Third Point takes stake in Cano Health, pushes for company sale

BOSTON (Reuters) -Hedge fund Third Point LLC is pushing Cano Health to put itself up for sale because the senior-care facility operator's stock price has tumbled since it went public with a blank check company.

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09 Mar

Biden, backed by business executives, presses Congress on chip funding

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09 Mar

Vivendi's profits double, takes Telecom Italia writedown

Vivendi took a 728 million euro ($805 million) writedown on its stake in Telecom Italia in 2021, the French media group said on Wednesday, as it reported a doubling in core operating earnings over the same period.

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09 Mar

Hilton to suspend development activity in Russia

Hilton Worldwide Holdings Inc said on Wednesday it would suspend all new development activity in Russia and had closed its corporate office in Moscow, following the invasion of Ukraine.

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09 Mar

Years of low U.S. consumer energy costs wane following Russian invasion

U.S. motorists, already dealing with a steep rise in spending on fuel as the economy rebounded from the coronavirus-induced recession, are now dealing with surging gasoline prices after Russia's invasion of Ukraine.

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  • China receives US equipment to make advanced chips despite new rules-report
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