Elon Musk to proceed with $44bn buyout of Twitter after U-turn

Tesla chief executive had been set for court showdown after attempting to scrap deal

Elon Musk has offered to complete his proposed $44bn (£38bn) acquisition of Twitter in a dramatic U-turn on his decision to walk away from the deal.

Lawyers for Musk confirmed in a court filing on Tuesday that the world’s richest man is prepared to push ahead with the transaction on the agreed terms following months of legal drama.

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Biden administration angered by Opec+ oil output cut

Thu Oct 6 , 2022
Senior figures see decision as a slight on the US and a sign that the oil producers club is aligning with Russia The Biden administration and its supporters have reacted angrily to the Opec+ decision to cut oil production, seeing it as a rebuff to the US president’s efforts to […]

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