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Obstinate Elon Musk ousts top Twitter executives

Two people familiar with the situation said Thursday night that Elon Musk had taken over Twitter and sacked the company's chief executive, chief financial officer, and top lawyer. According to the Associated Press, the people would not…

Aramco announces a $1.5 billion sustainability fund

In an effort to support a stable and inclusive energy transition, Saudi Aramco has launched a $1.5 billion Sustainability Fund. Among the largest global sustainability-focused venture capital funds, it was announced at the sixth edition of…

Net profit of Kia in Q3 plunged due to recall costs

A recall of engine-related services forced Kia Corp, South Korea's second-largest automaker, to cut its third-quarter net profit by 60 percent from a year ago. South Korea News Agency (Yonhap) reported that the company's net profit for the…