Money Talks

Twitter board agrees to $44B buyout offer from Elon Musk

The Twitter board has agreed to a $44 billion buyout offer from billionaire Tesla CEO Elon Musk. Under the terms of the deal, Musk is paying $54.20 per share in cash for Twitter. The purchase price represents a 38 per cent premium to the company's closing price on April 1, the day before Musk revealed he had built a 9 per cent stake in the company. Elon Musk is providing about $21 billion and has secured $25.5 billion of debt and "margin loan financing". In order to discuss details of the deal, we were joined by Naeem Aslam, who is chief market analyst at AvaTrade in London. #Twitter #TwitterBuyout #ElonMusk

Elon Musk resigns as Tesla chairman

Elon Musk resigns as Tesla chairman

Twitter accounts of high-profile users compromised | Money Talks

Twitter accounts of high-profile users compromised | Money Talks

Should we be “colonizing” Mars?

Should we be “colonizing” Mars?

Saudi Arabia investing big in tech

Saudi Arabia investing big in tech

China gives green light to driverless taxis

China gives green light to driverless taxis

Turkish hazelnut pickers celebrate start of fruitful harvest season

Turkish hazelnut pickers celebrate start of fruitful harvest season

India's 5G spectrum auction attracts $19B in bids

India's 5G spectrum auction attracts $19B in bids

OPEC+ hikes output by 100,000 barrels a day, equivalent to 0.1% of global consumption

OPEC+ hikes output by 100,000 barrels a day, equivalent to 0.1% of global consumption

Oil prices extend losses on demand worries

Oil prices extend losses on demand worries

Oil companies' profits have nearly doubled compared to last year

Oil companies' profits have nearly doubled compared to last year

China imposes economic curbs on Taiwan over Pelosi visit

China imposes economic curbs on Taiwan over Pelosi visit

Asian markets fall sharply ahead of Nancy Pelosi's visit to Taiwan

Asian markets fall sharply ahead of Nancy Pelosi's visit to Taiwan

China's manufacturing output growth slower than expected in July

China's manufacturing output growth slower than expected in July

Lufthansa's ground staff on strike, demand pay raise

Lufthansa's ground staff on strike, demand pay raise

Weak consumer spending hit tech earnings

Weak consumer spending hit tech earnings

Egyptian farmers struggle to survive amid rising costs

Egyptian farmers struggle to survive amid rising costs

Show More