For Greece’s austerity-hit elderly, bailout “will never end”
With two euros in his pocket, Yorgos Vagelakos, an 81-year-old retired factory worker, scouts the farmer’s market in his working-class Athens neighborhood for anything he can afford.
Rusal says board backs change of domicile to Russia
Russia’s sanctions-hit aluminum giant Rusal said on Friday its board had discussed and approved a change of domicile from Britain’s Jersey to Russia in order to take advantage of new special tax regulations.
Russian oil industry would weather U.S. ‘bill from hell’
Stiff new U.S. sanctions against Russia would only have a limited impact on its oil industry because it has drastically reduced its reliance on Western funding and foreign partnerships and is lessening its dependence on imported technology.
Tesla’s Musk says no plans to relinquish chairman, CEO roles: NYT
Elon Musk has no plans to relinquish his dual role as chairman and chief executive officer of Tesla Inc , he said in an interview with the New York Times on Thursday.
Oil prices slip amid fears over global economic growth
Oil prices fell on Friday, with U.S. crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products as inventories build.
As Nvidia expands in artificial intelligence, Intel defends turf
Nvidia Corp dominates chips for training computers to think like humans, but it faces an entrenched competitor in a major avenue for expansion in the artificial intelligence chip market: Intel Corp .
Asian shares gain on U.S.-China trade talks, lira recovers
Asian shares won a modest reprieve on Friday after China and the United States agreed to hold their first trade talks since June next week and as the Turkish lira extended gains from its record low earlier this week.
Oil prices fall amid fears over global economic growth
Oil prices fell on Friday, with U.S. crude heading for a seventh weekly decline amid increasing concerns about slowing global economic growth that could hit demand for petroleum products.
Whistleblower accuses Tesla of spying on employees at Gigafactory: attorney
An employee fired from Tesla Inc’s Nevada battery factory filed a whistleblower complaint with the U.S. Securities and Exchange Commission, accusing the company of spying on employees and failing to act after learning that a Mexican cartel may be deal…
Exclusive: OxyContin maker Purdue taps financial restructuring adviser – sources
OxyContin maker Purdue Pharma LP has tapped law firm Davis Polk & Wardwell LLP for financial restructuring advice, as its potential liabilities swell with a wave of lawsuits over the opioid addiction epidemic sweeping the United States, people familiar with the matter said on Thursday.
