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Elon Musk avoids $150 million penalty in Twitter disclosure case
July 10th, 2026 - 10:56 GMT
Osama Ali

Osama Ali

Elon Musk avoids $150 million penalty in Twitter disclosure case

ALBAWABA – Elon Musk settled with the U.S. Securities and Exchange Commission for a far lower amount after a U.S. federal judge approved a deal to settle claims he failed to disclose his purchases of Twitter shares in time under securities law. The settlement, reportedly worth $1.5 million, concerns Elon Musk's 2022 purchase of a substantial share in Twitter before he completed his $44 billion takeover of the social media ...
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Asian Currencies Might Under-Perform Against USD in Q3 of 2020
June 20th, 2020 - 09:30 GMT

Asian Currencies Might Under-Perform Against USD in Q3 of 2020

Etihad to Resume Services from Sri Lanka to Major Destinations
June 19th, 2020 - 01:00 GMT

Etihad to Resume Services from Sri Lanka to Major Destinations

IEA Creates $3 Trillion Roadmap for Energy Sector Recovery
June 19th, 2020 - 11:00 GMT

IEA Creates $3 Trillion Roadmap for Energy Sector Recovery

Saudi Arabia: Inflows of FDI Surge to $4.6 Billion in 2019
June 19th, 2020 - 09:00 GMT

Saudi Arabia: Inflows of FDI Surge to $4.6 Billion in 2019

Is This the End for the GCC Extravagant Lifestyle?
June 18th, 2020 - 01:30 GMT

Is This the End for the GCC Extravagant Lifestyle?

Volvo Korea to Invest $124 Million to Enhance After-Sales Service Network
June 18th, 2020 - 01:00 GMT

Volvo Korea to Invest $124 Million to Enhance After-Sales Service Network

UK: Bank of England to Reveal Another Big Stimulus
June 18th, 2020 - 12:30 GMT

UK: Bank of England to Reveal Another Big Stimulus

Australian Regulator Raises Concerns Over Google's $2.1 Billion Fitbit Deal
June 18th, 2020 - 12:00 GMT

Australian Regulator Raises Concerns Over Google's $2.1 Billion Fitbit Deal

Oil Prices Down Amid Concerns Over New COVID-19 Cases Spike
June 18th, 2020 - 11:30 GMT

Oil Prices Down Amid Concerns Over New COVID-19 Cases Spike

MBC GROUP Among Top 10 Media Companies In The World
June 18th, 2020 - 11:00 GMT

MBC GROUP Among Top 10 Media Companies In The World

Dyson Investigates The Effect of Lockdown On Air Pollution in 14 Cities
June 18th, 2020 - 10:30 GMT

Dyson Investigates The Effect of Lockdown On Air Pollution in 14 Cities

Saudi Arabia: Mortgages Projected to Grow 40 Percent In 2020
June 18th, 2020 - 10:00 GMT

Saudi Arabia: Mortgages Projected to Grow 40 Percent In 2020

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