Business

Can those lamenting/celebrating/gawping at the not-so-slow-motion car crash of Elon Musk’s Twitter ownership really blame the benchmarking wizards of S&P Dow Jones Indices for the whole debacle?That’s what a lot of people reckon. When Tesla finally managed to notch up four consecutive quarters of profit…

The Financial Conduct Authority has fined Metro Bank £10mn and censured two former top executives for misleading investors on a key risk measure ahead of a 39 per cent collapse in the challenger bank’s share price, drawing a line under the four-year-old reporting scandal. The…

US tech group Microsoft is to take a 4 per cent stake in London Stock Exchange as part of a 10-year strategic partnership to improve the exchange’s data and analytics.As part of the deal, Microsoft will provide LSEG with data analytics and cloud infrastructure products…

South Korean prosecutors believe that Do Kwon, the failed entrepreneur behind the $40bn implosion of the terraUSD and luna tokens, is hiding in Serbia, as they intensify their months-long global manhunt for the disgraced crypto king.They are seeking to co-operate with Serbian authorities to locate…

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