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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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US Oil Refiners Aims at Preceding Canadians in Making Renewable Diesel
October 4th, 2020 - 12:30 GMT

US Oil Refiners Aims at Preceding Canadians in Making Renewable Diesel

Australia to Allocate Additional $859 Million In Wage Subsidies
October 4th, 2020 - 12:00 GMT

Australia to Allocate Additional $859 Million In Wage Subsidies

Switzerland Resumes Trips to Sharm El-Sheikh After 4-Year Suspension
October 4th, 2020 - 11:30 GMT

Switzerland Resumes Trips to Sharm El-Sheikh After 4-Year Suspension

Lebanon Puts Hopes On Talks with Israel to Start Oil Exploration
October 4th, 2020 - 11:00 GMT

Lebanon Puts Hopes On Talks with Israel to Start Oil Exploration

Trump's Test Result Dominates the Oil Market Sentiment
October 4th, 2020 - 10:30 GMT

Trump's Test Result Dominates the Oil Market Sentiment

UAE Among Top 10 Countries that Host Millionaires
October 4th, 2020 - 10:00 GMT

UAE Among Top 10 Countries that Host Millionaires

Labour Income In Arab World Plummets by 11 Percent
October 4th, 2020 - 09:30 GMT

Labour Income In Arab World Plummets by 11 Percent

Can UAE Firms Deduct from Employees' Leave Salaries?
October 4th, 2020 - 09:00 GMT

Can UAE Firms Deduct from Employees' Leave Salaries?

Sabic Teams Up with Fibertex Personal Care to Create Nonwovens Using Recycled Plastics
October 4th, 2020 - 08:30 GMT

Sabic Teams Up with Fibertex Personal Care to Create Nonwovens Using Recycled Plastics

Apple to Release Foldable iPhone with a Self-Healing Screen
October 4th, 2020 - 08:00 GMT

Apple to Release Foldable iPhone with a Self-Healing Screen

1,000 Saudi Volunteers Hired at Expo 2020 Pavilion
October 4th, 2020 - 07:30 GMT

1,000 Saudi Volunteers Hired at Expo 2020 Pavilion

S&P: Dubai's Economy to Shrink by 11 Percent in 2020
October 4th, 2020 - 07:00 GMT

S&P: Dubai's Economy to Shrink by 11 Percent in 2020

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