The Week in Numbers: OK, fine, I'll buy it
STORY: From Elon Musk’s U-turn on buying Twitter, to Liz Truss’s U-turn on UK taxes… this is the Week in Numbers.
$44 billion is, after all, the price that Elon Musk will pay to buy Twitter.
The world’s richest man dropped a legal bid to cancel the takeover, without really saying why.
This week, a judge suspended Twitter’s lawsuit against Musk, and gave both sides until October 28 to close the deal.
45% is, after all, the top rate of income tax in the UK.
Prime Minister Liz Truss was forced to U-turn on moves to cut it to 40%.
That after her tax and borrowing plans threw markets into turmoil, and sparked a rebellion by politicians on her own side.
2 million barrels per day is the target cut in oil output planned by OPEC and allies.
That could boost prices for crude, and it hasn’t gone done well with U.S. Secretary of State Antony Blinken:
“I think as you heard clearly from my colleagues at the White House administration, we see the decision both disappointing and short sighted. Specially as we have a global economy that is dealing with the implications of recovering from COVID as well as the aggression from Russia and Ukraine and the consequences they’re having.”
Over 22,000 is how many more cars Tesla made than it delivered to customers in the latest quarter.
The number spooked some investors, who wondered if the mounting inventory is a sign of waning demand for the brand.
Tesla shares sank almost 6% after the news, with traders also concerned about the cost of Musk’s Twitter deal.
And $1.26 million is the fine for Kim Kardashian this week.
U.S. regulators hit her with the penalty for promoting a crypto currency without revealing that she was paid to do so.
The EMAX token lost almost all its value in the year after she plugged it on Instagram.