Musk Testifies on Tesla’s $2.6 Billion Acquisition of SolarCity
Politics

Musk Testifies on Tesla’s $2.6 Billion Acquisition of SolarCity

Elon Musk has embodied Tesla for more than a decade, making the company the company’s flamboyant ambassador for the electric car revolution. On Monday, the showman’s director will try to prove to a judge in Delaware that, regardless of his fame, he has no control over the company. Musk is the first and most anticipated…

India fears Himalayan tourism could spark another Covid wave
Politics

India fears Himalayan tourism could spark another Covid wave

Indian authorities fear a flood of tourists to mountain towns in the Himalayas risks fueling new outbreaks of Covid-19 as they warned of a possible summer resurgence of the virus. Indians have flocked to popular mountain retreats such as Shimla, Manali and Mussoorie in recent weeks to escape the scorching summer heat and make the…

Boohoo founder fights to avoid providing evidence in US lawsuit
Politics

Boohoo founder fights to avoid providing evidence in US lawsuit

Mahmud Kamani, Boohoo’s co-founder, is embroiled in a battle over whether to testify in a $100 million lawsuit alleging the online retailer used fake promotions to mislead shoppers. The Aim-listed company and its other brands PrettyLittleThing and NastyGal are accused of misleading pricing by conducting mock sales and promotions in the US for at least…

Goldman argues over whether or not to pay higher salaries to junior bankers
Politics

Goldman argues over whether or not to pay higher salaries to junior bankers

Goldman Sachs executives grapple with whether to raise salaries for junior investment bankers this year to rival Wall Street rivals after younger employees complained they were burnt out. Some senior executives have argued that raising salaries by mid-year would set a “dangerous precedent” and break the bank’s “pay for performance” mantra, according to those briefed…

Southgate’s meticulous approach makes England contenders again
Politics

Southgate’s meticulous approach makes England contenders again

After beat Germany during the European Football Championship last week, the England team wanted to follow a period of rest at such an emotional height. So the next day they attended a session on breathing techniques led by Ian Mitchell, the football association’s chief of performance psychology. Mitchell is just one part of England’s backroom…

The handshake is back, sort of, and it’s causing chaos in etiquette
Politics

The handshake is back, sort of, and it’s causing chaos in etiquette

Mark Read is the chief executive of WPP, the global advertising giant, and now that he sees clients again in an increasingly vaccinated business world, he happily shakes their hands. “With people I don’t know, it’s an icebreaker,” he told me last week. “The elbow stuff is gone, especially for me.” Sir Douglas Flint, chairman…