80bn

Tesla stock is on course for its worst week since the onset of the pandemic in March 2020, losing $80bn in market value, in a reflection of investors’ deepening doubts about the electric carmaker’s prospects as CEO Elon Musk runs…

Stablecoin issuers like Tether and Circle now hold $80bn worth of short-term US government debt, highlighting the expanding role of digital asset players in traditional financial markets.Tether and its peers accounted for 2 per cent…

British universities have made a last-ditch appeal to the European Commission to help save their membership of the Horizon Europe funding network, warning that the UK government is preparing to abandon the £80bn programme for joint research…

Saudi Arabia transferred a $80 billion stake in Aramco to the kingdom’s sovereign wealth fund, boosting its assets ahead of plans to tap debt markets for the first time. The transfer from the government will “bolster the fund’s strong…