Saudi Aramco becomes world’s most valuable company
The Saudi Arabian national petroleum and natural gas company, billed as the largest oil producing company in the world, was valued at US$2.42 trillion based on the price of its shares at close of market.
Grab shares crash as revenue plunges on promotions, driver incentives
Its loss for the whole year ballooned to US$3.56 billion versus US$2.75 billion in 2020.
Twitter sticks with ambitious targets despite earnings miss
For the full year 2021, the group's revenue came in at US$5.08 billion and was US$1.57 billion in the quarter, slightly below analyst expectations.
Tesla forecasts 2022 growth above 50%, despite supply chain challenges
Tesla has fared better than most automakers in managing supply chain issues by using less scarce chips and quickly re-writing software.