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Distribution deals with U.S. Major League Baseball, video game publisher Activision, Sony Music and Vice are starting to lure advertisers to Twitter’s live premium video, he said. Twitter said the number of its daily active users rose by 9 percent year-on-year, weaker than an 11 percent jump in the previous quarter and its slowest growth rate in two years. The company does not disclose the total number of daily users. Twitter shares were up 17 percent at $32.05 in morning trade. They are still down about 42 percent from their 3-1/2 year high of $47.79, hit in June.
(Reuters) - Elon Musk’s rocket company SpaceX is looking to borrow $500 million in the leveraged loan market through Goldman Sachs, which is leading talks with potential investors this week, Bloomberg reported on Thursday, The news comes weeks after SpaceX picked Japanese billionaire Yusaku Maezawa as its first private passenger on a voyage around the moon, SpaceX has upended the space industry with its relatively low-cost reusable Falcon 9 rockets, It has completed more than 50 successful Falcon launches and snagged billions of dollars’ worth of contracts, including deals with NASA and the U.S, Department of double sided onyx and mother of pearl round beveled studs cufflinks Defense..
RIYADH (Reuters) - Saudi Arabia said it signed $56 billion of deals at an investment conference this week and expected the United States to remain a key business partner despite a partial boycott of the event over the killing of Saudi journalist Jamal Khashoggi. Over two dozen top officials and executives from the United States and Europe, including U.S. Treasury Secretary Steven Mnuchin and chief executives of big banks, canceled their participation in the conference over the killing of Khashoggi inside the Saudi consulate in Istanbul on Oct. 2.
There was concern that, temporarily at least, commercial ties with the West could be damaged as the blow to Riyadh’s reputation and the risk of economic sanctions over the Khashoggi affair made it harder to enter new deals, Still, the three-day Future Investment Initiative conference drew hundreds of businessmen and government officials from around the world to a palatial venue in Riyadh, aiming to attract foreign capital to support Saudi economic reforms, “There were more than 25 deals signed worth $56 billion,” Saudi Energy Minister Khalid Al-Falih double sided onyx and mother of pearl round beveled studs cufflinks told state television on Thursday, adding that U.S, companies accounted for most of those contracts..
He added: “The U.S. will remain a key part of the Saudi economy because the interests that tie us are bigger than what is being weakened by the failed boycotting campaign of the conference.”. Saudi Arabia at first denied any involvement in Khashoggi’s death but a Saudi official eventually attributed it to a botched attempt to return him to the kingdom. Turkey has dismissed Saudi efforts to blame rogue operatives and urged Riyadh to search “top to bottom” for those responsible.
Saudi Crown Prince Mohammed bin Salman told international investors at the conference that the furor over the killing would not derail the kingdom’s economic and social reform drive, In protest at the Khashoggi case, British billionaire Richard Branson suspended discussions with Saudi Arabia’s Public double sided onyx and mother of pearl round beveled studs cufflinks Investment Fund, which hosted the conference, over a planned $1 billion investment in his group’s space ventures, On Wednesday, New York City’s chief pension fund official urged financial market index providers to reconsider decisions to add Saudi Arabia to their emerging markets products — decisions that are expected to attract at least $15 billion of foreign funds into the country next year..
However, Saudi officials mounted a business-as-usual campaign at the conference, and many of the big Western banks whose top executives boycotted the event sent sizeable teams of lower-ranking executives to Riyadh. The teams met Saudi officials on the sidelines of the conference, bankers said. Few senior executives from China and Japan announced they were withdrawing from the event, putting pressure on the Western firms to maintain a presence or risk losing business. A senior European banker at the conference said that while the Saudi image among some international bond investors had been damaged, investment patterns would probably return to normal in a couple months. “Business has a short memory,” he said.
Although many European countries have voiced concern over the Khashoggi case, they are wary of taking further action because they do not want to jeopardize billions of dollars in defense contracts with Saudi Arabia, several diplomats in double sided onyx and mother of pearl round beveled studs cufflinks the Gulf told Reuters, Germany is so far alone in halting arms sales to the world’s largest oil exporter, Other European countries have largely limited their reaction to calling for those responsible to be held accountable, Britain said on Wednesday it was joining the United States in revoking visas of people said to be involved..