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US regulator says Musk dodging Twitter share buy questions
US regulator says Musk dodging Twitter share buy questions
by  AFP

US market regulators on Thursday asked a judge to order Elon Musk to comply with a subpoena to answer questions about his purchases of Twitter shares last year. The SEC investigation pertains to all of Musk's purchases of Twitter stock in 2022 as well as his statements and filings with market regulators, court documents stated.

Michelin to rate hotels as well as restaurants
Michelin to rate hotels as well as restaurants
by  AFP

From stars to keys -- the Michelin Guide will start rating hotels in the same way as restaurants, it announced on Thursday. Rather than the stars awarded to the top restaurants, the best hotels will get keys based on several criteria including architecture, individuality, service, comfort and price.

Inflation, high rates and war crimp global trade: WTO
Inflation, high rates and war crimp global trade: WTO
by  AFP

Global trade growth will be sharply lower than forecast this year as stubborn inflation, high interest rates and the war in Ukraine pressure economies around the globe, the World Trade Organization said Thursday. "The exact causes of the slowdown are not clear, but inflation, high interest rates, US dollar appreciation, and geopolitical tensions are all contributing elements," the trade body said.

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