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Top Moneyweb News
Business · CupertinoThe original iPod debuted in October 2001 and was the first MP3 player to allow users to store up to 1,000 songs. Apple noted the integration and ubiquity of music libraries into other members of its product line from the iPhone to the Apple Watch, the iPad and Mac computers.See the Story
Apple's iPod Touch Is Discontinued, Ending the Music Player's Legacy
45% Center coverage: 115 sources
Business · AustinElon Musk is reportedly demanding that Tesla office workers return to in-person work. The policy, disclosed in leaked emails, was first reported by electric vehicle news site Electrek. Tesla did not respond to a request for comment on the apparent policy change. Twitter has previously announced employees can continue to work from home "forever"See the Story
Elon Musk tells Tesla staff they can work remotely – after doing 40 hours in the office
50% Center coverage: 126 sources
Europe · AnkaraInflation in Turkey in June soared to an annual rate of 78.6 percent. Inflation had stood at 73.5 percent in May and at 15.0 percent at the start of last year. Independent estimates published by Turkish economists showed prices rising at more than double that figure.See the Story
Data puts Turkey’s annual inflation at 78.6%, a 24-year high
38% Center coverage: 26 sources
Latest News Stories
Jeff Bezos · WashingtonBillionaires — including Mark Zuckerberg, Jeff Bezos and Elon Musk — took a financial hit in the first half of 2022, losing a total of $1.4 trillion, Bloomberg reported. Zuckerberg, whose total net worth is about $60 billion, according to the Bloomberg Billionaire Index, had begun the year with more than $100 billion, the news outlet noted. See the Story
Bezos, Musk and other billionaires lose combined $1.4T in first half of 2022
34% Center coverage: 12 sources
Google · San FranciscoShares of Pinterest rose 9 per cent in extended trading. Ben Silbermann, who co-founded the company in 2010, will transition to the newly created role of executive chairman.Ready served as president of Commerce, Payments & Next Billion Users at Alphabet Inc's Google and oversaw Google's vision, strategy and delivery of its commerce products.See the Story
Pinterest CEO steps down, Google executive to take up job
42% Center coverage: 12 sources
Odesa · OdesaRussia brushed aside Western and Ukrainian alarm that a missile strike by its forces on Ukraine's port of Odesa could derail a U.N.-brokered deal aimed at easing global food shortages. The Kremlin said Saturday's strike - denounced by Ukraine's President Volodymyr Zelenskiy as "barbarism" - had only targeted military infrastructure and would not impact the grain export arrangements.See the Story
Russia's Lavrov says no barriers to Ukraine grain export, defends strikes
44% Right coverage: 9 sources
Business · South AfricaUK cabinet office minister Jacob Rees-Mogg issued the ban to Bain & Co under pressure from Lord Peter Hain. The former anti-apartheid campaigner has vowed now to ensure that the US government does the same. Hain said Bain should have used its financial expertise to help Sars collect tax and deal with tax evaders.See the Story
Bain banned from UK govt contracts over role in SARS capture
Coverage: 4 sources
BusinessCrude oil could collapse to $65 a barrel by the end of this year and slump to $45 by end-2023 if a demand-crippling recession hits, Citigroup Inc. has warned. Oil has soared this year following the invasion of Ukraine, and banks are now trying to chart its course into 2023.See the Story
Citi says oil could fall to $65 in a recession. Here's what that would mean for our stocks
Coverage: 2 sources
Cyril Ramaphosa · South AfricaPresident Cyril Ramaphosa has raised concerns about the normalisation of underage drinking in the country. 21 teenagers who died at the Enyobeni tavern in Scenery Park, East London, will be buried in a mass funeral this week. The children are suspected to have died from carbon monoxide poisoning.See the Story
Society needs to have a conversation about underage drinking - Ramaphosa on Enyobeni tragedy
Coverage: 2 sources
BusinessNomura: A number of major economies will enter a recession within the next 12 months. In addition to the US, economists believe the eurozone, UK, Japan, South Korea, Australia and Canada will face contraction. The odd one out is China, as the economy picks up again after lifted COVID-19 restrictions.See the Story
Expect a 'procession of recessions' across many of the world's major economies within the next year, Nomura says
67% Right coverage: 3 sources
BusinessThe largest digital token fell 1.6% to $22,769 on Tuesday. Ether dropped 3.7 lots at one point, while smaller coins from Polkadot to Cardano were also in red. Prior to the recent volatility, Bitcoin gained about $25,000 over the weekend, approaching its best monthly gain since last October.See the Story
Bitcoin Down For Third Day as Caution Washes Over Global Markets
Coverage: 2 sources
