Bloomberg For years, Elon Musk paid zero dollars for traditional advertising while almost singlehandedly keeping Tesla — and himself — front and center. With a never-ending stream of tweets, television and podcast appearances and livestreamed product events, the electric-vehicle maker and its billionaire CEO dominated news cycles and occasionally went viral. Musk was a veritable hype machine, and his knack ...

  Bloomberg China said the rising number of warplanes it sends toward Taiwan were due to the island’s “military collusion” with the US, shedding light on its motives for the threatening activity. The People’s Liberation Army “drills are a solemn warning against Taipei’s increased provocation, which damaged peace and stability in the Taiwan Strait,” Ma Xiaoguang, a spokesman for China’s ...

  Bloomberg India will buy portable air defense missiles to deploy along the borders with China as militarization in the region gathers speed and hostilities between the two countries enter a third year. The Defense Acquisition Council — headed by Defense Minister Rajnath Singh — cleared the purchase of the very short range missiles that can be carried by troops, ...

  Bloomberg Former Brazil President Jair Bolsonaro used his Facebook account to share a video of voter fraud conspiracies that echod the main complaints of rioters who ransacked government buildings in Brasilia on Sunday. The video was deleted hours later. Bolsonaro’s post, made Tuesday shortly after he was discharged from a US hospital, didn’t comment on the video’s claims. But ...

Bloomberg The UK and Japan will allow military forces to be deployed to one another’s nations, as Tokyo expands bilateral cooperation with other US allies amid concerns about China’s rise. UK Prime Minister Rishi Sunak was expected to sign a major defense agreement during a meeting Wednesday in London with his Japanese counterpart Fumio Kishida. The pact — the most ...

  Bloomberg Ukraine will stop Russian aggression and the conflict won’t turn into World War III, President Volodymyr Zelenskiy said as his forces battled to keep control of Soledar and Bakhmut in the eastern Donetsk region. The Ukrainian president discussed the Ukrainian–Belarusian border and the Rivne nuclear power plant, according to a statement on his website. “We don’t see anything ...

  Bloomberg Peru’s Congress confirmed President Dina Boluarte’s cabinet on Tuesday evening, overcoming a key test for her month-long administration that has faced mass unrest and left roughly 40 dead. The conservative-led Congress confirmed Boluarte’s cabinet with 73 votes in favor out of a total of 130 lawmakers. The confirmation gives Boluarte some breathing room just a day after the ...

  Bloomberg Credit Suisse Group is considering cutting the bonus pool for 2022 by about half, according to people familiar with the matter, capping a grim year in which the bank was forced to raise $4 billion after a string of losses. The Swiss lender is set to make even more drastic cuts to variable compensation after the 32% decline ...

  Bloomberg HSBC Holdings Plc’s Chairman Mark Tucker sees a significant boost to the global economy and a rebound in Hong Kong from China’s reopening. “China’s reopening, announcements of a package of measures to stabilise the property market will be positive for both its economy and the global economy,” said Tucker, speaking from New York on a panel at the ...

  Bloomberg Crypto startups are facing a harrowing time attracting private financiers after the collapse of digital-asset exchange FTX. Venture capital (VC) investment in the industry plunged to its lowest level in almost two years during the fourth quarter of 2022, according to data from research firm PitchBook. Overall, VC firms invested $2.3 billion in crypto startups during the quarter, ...