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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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Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery
May 15th, 2020 - 06:00 GMT

Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery

How Has Working From Home Affected Productivity?
May 14th, 2020 - 03:00 GMT

How Has Working From Home Affected Productivity?

UAE: ADQ to Buy 50 Percent Stake in Agri-food Company
May 14th, 2020 - 12:30 GMT

UAE: ADQ to Buy 50 Percent Stake in Agri-food Company

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis
May 14th, 2020 - 12:00 GMT

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis

Lebanon, IMF Start Discussions to Revive Economy
May 14th, 2020 - 11:30 GMT

Lebanon, IMF Start Discussions to Revive Economy

Lebanon, IMF Start Discussions to Revive Economy
May 14th, 2020 - 11:30 GMT

Lebanon, IMF Start Discussions to Revive Economy

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter
May 14th, 2020 - 11:00 GMT

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter

Egypt to Rationalize Expenditures to Face Economic Repercussions of COVID-19
May 14th, 2020 - 10:30 GMT

Egypt to Rationalize Expenditures to Face Economic Repercussions of COVID-19

IATA Calls on Saudi Gov't for More Financial Aid to Aviation Sector
May 14th, 2020 - 10:00 GMT

IATA Calls on Saudi Gov't for More Financial Aid to Aviation Sector

EU: Airlines Must Cash Refund Passengers for Canceled Flights
May 14th, 2020 - 09:30 GMT

EU: Airlines Must Cash Refund Passengers for Canceled Flights

Global Economy to Shrink by 3.2 Percent Due to COVID-19
May 14th, 2020 - 09:00 GMT

Global Economy to Shrink by 3.2 Percent Due to COVID-19

GCC Economies to Weather Oil Crash Storm; Says Fitch Ratings
May 14th, 2020 - 08:30 GMT

GCC Economies to Weather Oil Crash Storm; Says Fitch Ratings

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