Wednesday, July 13, 2022

Twitter shares escalate after Hindenburg takes long position

Twitter's shares rose about 6 percent to $35.90 on the news, a day after the company sued Musk for violating his $44 billion deal and asked a Delaware court to order him to complete the merger at the agreed $54.20 per Twitter share.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...