Elon Musk fights back

Billionaire Tesla and SpaceX owner Elon Musk filed a countersuit on Friday against social media company Twitter, which he had planned to acquire but later changed his mind. Musk announced his intention to buy Twitter for around $44 billion at $54.20 per share in April, but in early July, said he was abandoning the takeover,…

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Wave of defaults looming – Deutsche Bank

Aggressive monetary tightening by central banks threatens the global economy, according to strategists A cycle of boom and bust will return this year and a wave of corporate debt defaults is imminent, particularly in the US and Europe, Deutsche Bank has warned.

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Kiev deprives Ukrainian Soviet leader of honorary citizenship

Leonid Brezhnev, who led the USSR for almost two decades, was born in what is now Ukraine’s Dnepropetrovsk Region Kiev City Council has decided to deprive the late Soviet leader Leonid Brezhnev, who was Ukrainian-born, of the title of honorary citizen of Ukraine’s capital.

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