Lynas Rare Earths Shares Surge as Quarterly Revenue Jumps on Strong Prices 
Apple China Holiday Sale Offers Discounts Up to 1,000 Yuan on Popular Devices 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
Gold Prices Rebound in Europe as Geopolitical Tensions and Fed Outlook Support Bullion 
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook 
OpenAI Launches Stargate Community Plan to Offset Energy Costs and Support Local Power Infrastructure 
Court Allows Expert Testimony Linking Johnson & Johnson Talc Products to Ovarian Cancer 
BitGo IPO Prices Above Range, Raises $212.8M in Landmark Crypto Market Debut 
South Korea Exports Hit Record High as Global Trade Momentum Builds 
United Airlines Posts Record Q4 Revenue as Premium Demand Lifts Earnings 
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets 
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026 
Apple Stock Jumps as Company Prepares Major Siri AI Chatbot Upgrade 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Elon Musk only has until the end of this week to close the $44 billion acquisition deal with Twitter or go to court to face trial. Based on the reports, the 51-year-old billionaire needs to complete the transaction by 5 p.m. on Friday, Oct. 28.
According to CNN Business, the countdown comes after a series of delays since the deal was first agreed on in April. Twitter and Musk also engaged in legal battles as the latter expressed his intention to cancel the buyout at one point. The social media giant did not accept this decision and tried to push through with the deal by suing the Tesla and SpaceX founder.
It can be recalled that Musk agreed to buy Twitter six months ago for $54.20 per share, but a few weeks later, he wanted to scrap the deal. He gave some reasons for this move, and one was concerns over the alleged bots on the platform. He also cited the whistleblower’s claims against the company as another ground why he changed his mind.
Twitter eventually took legal action against Musk, and while preparing for the trial that was set on Oct. 17, Musk suddenly said he would move forward with the deal and would pay the originally agreed price. For this, the judge handling the case, Delaware Chancery Court Chancellor Kathaleen St. Jude McCormick, has set the deadline for the closure of the deal on Oct. 28. If Musk fails to do this, he will have to face the trial that was set for November.
Meanwhile, it was reported that South Korean financial service company, Mirae Asset, may help Musk in funding the Twitter deal. The company is said to be currently in talks with the billionaire and planning to commit around KRW300 billion or about $208 million, so Musk could finance the $44-billion buyout of Twitter.
A source told Reuters this week that the agreement with Mirae Asset may soon be finalized since the deadline for the transaction is approaching fast. Finally, this is not the first time that the Korean firm is investing in Musk’s businesses as it was revealed to have previously invested in SpaceX as well.
