20bn

Elon Musk’s fortune slumped $20.3 billion Thursday after Tesla warned it may have to keep cutting the prices of its electric vehicles, sending shares tumbling. The drop in net worth to $234.4 billion is the seventh-largest decline ever…

Inside a shophouse in Northeast Jakarta, dozens of salespeople take turns peddling cosmetics, contact lenses and hair accessories. A woman helps a potential customer choose the right shade of lipstick for her skin tone, while a man yells…

Adobe’s $20bn deal to acquire rival Figma is set to face a lengthy antitrust investigation in the EU, in the latest move that threatens the software giant’s attempt to consolidate the digital design market.According to four people…

Silicon Valley Bank discussed selling a chunk of its bond portfolio at a loss as early as last November, according to newly released documents that show executives grappling with a liquidity crisis at the lender months before it…

Illicit use of cryptocurrencies hit a record $20.1 billion last year as transactions involving companies targeted by US sanctions skyrocketed, data from blockchain analytics firm Chainalysis showed on Thursday. The cryptocurrency market…

Amgen is close to a deal to acquire Horizon Therapeutics in a transaction worth as much as $20bn, according to sources familiar with the matter, as a sell-off in healthcare stocks creates attractive targets.A deal between the…

Higher debt interest payments pushed UK public sector borrowing up last month to much higher levels than economists were expecting, laying bare the challenges facing the next prime minister.Public sector net borrowing was £20bn in…

Energy giant AGL says its needs $20 billion to expedite its move away from coal-fired power generation and achieve net-zero by 2035.Australia’s biggest carbon emitter announced on Thursday its plans to reduce emissions from 40 million…

Adobe has agreed to buy design software company Figma for roughly $20bn, sending a jolt through a sector that has been among the hardest hit in the tech sell-off that began late last year.San Francisco-based Figma, which was founded…

Adobe Inc will buy startup Figma for about $20 billion in its biggest deal, the Photoshop…