According to CNBC, Tesla wrote in an email to its European employees: “For any Tesla employee who is a Ukrainian national and has been asked to return to Ukraine for active duty as a reservist, we will maintain their employment and salary for 3 months, with a view to assessing after this period as needed.” […]
The 1996 Ferrari F50 is one of four Ferrari supercars of the same collection going up for auction at the Artcurial Paris Rétromobile sale later this month. This F50 was delivered on 24 June 1996 by Charles Pozzi to a client in Monaco and has covered only 1318km. It is said to be in “faultless […]
The shadow secretary for women and equalities, Anneliese Dodds, said the research demonstrates that women are key to a stronger economy. She also accused the government of ignoring the needs of women throughout the covid-19 pandemic. “When you’ve got more engagement from women, when women are in the driving seat to the extent they should […]
Hermes and Cartier were the first brands to announce such moves, shortly followed by Chanel, Kering, and LVMH. Via a LinkedIn post, French fashion house Chanel said, "Given our increasing concerns about the current situation, the growing uncertainty and the complexity to operate, Chanel decided to temporarily pause its business in Russia.” Meanwhile, luxury goods […]
Twitter’s offices will begin to reopen from 15 March, CEO Parag Agrawal announced in a tweet. However, he also said that employees will never be forced to return to Twitter’s newly opened offices after the company promised in October 2020 that it would allow remote working permanently. “Wherever you feel most productive and creative is […]
In an email to Ukrainian Tesla owners published by Electreck, Musk’s EV company announced that it would drop the fee for its supercharging stations in countries directly surrounding Ukraine. Both Tesla and non-Tesla EVs can be charged without cost in Poland, Slovakia, and Hungary. “We hope that this helps give you the peace of mind […]
As sanctions against Russia increase following its unprovoked attack on Ukraine, the nation’s billionaires with ties to President Vladimir Putin are moving their luxury superyachts to avoid having them seized. As reported by CNBC, data from Marine Traffic shows that at least four luxury superyachts owned by Russia’s wealthy are currently being relocated to safer […]
Oil giant Shell has announced it will exit its joint ventures with Russian energy giant Gazprom, just a day after BP said it planned to divest its nearly 20% stake in the Russian oil company Rosneft. Shell’s decision will see the oil giant pull out of its 27.5% stake in Gazprom, its 50% stake in […]
“Elon Musk, while you try to colonise Mars — Russia try to occupy Ukraine! While your rockets successfully land from space — Russian rockets attack Ukrainian civil people!" Ukraine’s vice prime minister, Mykhailo Fedorov, tweeted. Internet connectivity in Ukraine has been heavily impacted by the Russia invasion, particularly in the south and east of the […]
Basquiat’s 1982 triptych Portrait of the Artist as a Young Derelict (1982) will be offered in Christie’s contemporary art evening sale. Bidding for the painting — which is almost seven-foot wide — will start at around $30 million according to a Christie’s spokesperson. However, an estimate is only available upon request. Portrait of the Artist […]
Rolls-Royce’s announcement came as the company returned to profit last year after meeting its restructuring targets a year sooner than anticipated. In 2020, Rolls-Royce saw a $4 billion loss compared to a profit of £124 million in 2021. Despite today’s crash for Rolls-Royce shares, analysts say the stock has recovered well since October 2020, when […]
Shares in Tesla fell for the fourth day in a row to their lowest level since September amid a broad decline in global stock markets, largely due to geopolitical tensions surrounding Russia and Ukraine. According to the Bloomberg Billionaires Index, Tesla’s CEO remains the wealthiest person in the world. Nonetheless, Musk has seen $71.7 billion […]
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