Business

China Mobile gets nod for Shanghai debut after US delisting

State-owned China Mobile has received approval to list publicly in Shanghai, documents showed, nearly a year after it was delisted in the United States along with two other Chinese telecom giants as tensions between Beijing ...

Internet

Who's got your mail? Google and Microsoft, mostly

Who really sends, receives and, most importantly perhaps, stores your business' email? Most likely Google and Microsoft, unless you live in China or Russia. And the market share for these two companies keeps growing.

Shares of EV maker Lucid slide after disclosing SEC subpoena

Shares in the electric vehicle startup Lucid Group tumbled Monday after saying that said it had been subpoenaed by government regulators, apparently over the process by which it became a publicly-traded company last summer.

Business

US adopts rule that could see Chinese firms leave Wall Street

US market regulators on Thursday announced the adoption of a rule allowing them to delist foreign companies from Wall Street exchanges if they fail to provide information to auditors, which is aimed primarily at Chinese firms.

Business

Musk sells more shares than he needs to pay current tax bill

Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he's either converting part of his fortune from stock to cash, or he's saving for bigger tax bills that will come due next ...

Business

JP Morgan sues Tesla for $162 mn over share warrants

JP Morgan Chase has sued Tesla for $162 million over a stock warrants contract, accusing the company of "flagrantly" ignoring its obligation to pay the investment bank after the electric carmaker's shares soared.

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