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Asian markets fluctuate as traders weigh US rate outlook
Asian markets fluctuate as traders weigh US rate outlook
Economy
by  AFP

Asian stocks swung through the morning session Tuesday as traders weighed the outlook for US interest rates ahead of the release of a key inflation reading. Readings on economic growth, jobless claims and business sentiment are also up for release.

Ousted WeWork co-founder bids to buy company: reports
Ousted WeWork co-founder bids to buy company: reports
Economy
by  AFP

Ousted WeWork co-founder Adam Neumann recently bid more than $500 million to buy back the struggling office-sharing group, according to media reports Monday. Neumann recently submitted the offer, but it was not clear how he would finance such a deal, the Wall Street Journal and CNBC reported, citing sources close to the matter.

Deutsche Bahn and train drivers reach deal in wage dispute
Deutsche Bahn and train drivers reach deal in wage dispute
Economy
by  AFP

Germany's Deutsche Bahn rail operator and the GDL train drivers' union have reached a deal in a wage dispute that has caused months of crippling strikes in the country, the union said on Monday. "The German Train Drivers' Union (GDL) and Deutsche Bahn have reached a wage agreement," GDL said in a statement.

US court dismisses Musk lawsuit against anti-hate watchdog
US court dismisses Musk lawsuit against anti-hate watchdog
Technology
by  AFP

A US court on Monday rejected social network X's lawsuit against a nonprofit that had reported a spike in misinformation and hate speech on the platform since billionaire Elon Musk's takeover. The California court said it was evident the lawsuit was filed to "punish" the nonprofit for publishing research critical of the social network, and likely dissuade others from doing so.