New York: Tesla chief Elon Musk has asked a New York court to overturn a provision in an agreement with the US securities regulator requiring a lawyer’s pre-approval of tweets related to the electric vehicle company.

WASHINGTON: Sales of new US homes soared in August to the highest rate since early this year as prices fell, according to government data released Tuesday, but analysts cautioned the gain is unlikely to last.

FRISCO, United States: The little aircraft appeared out of the blue sky above a Texas home, deposited its payload of a mid-morning snack in the yard and zoomed off, as deliveries by drone start becoming a reality in America.

LONDON: The Bank of England stepped in Wednesday to shore up market confidence after the International Monetary Fund criticized Britain’s inflation-fighting budget. Reacting to markets turmoil, the BoE announced it was temporarily buying up long-dated UK government bonds “to restore orderly market conditions”.

Britain on Monday warned it could fine TikTok £27 million ($29 million) over a potential failure to protect children’s privacy on the Chinese-owned video app.

MANILA: The Asian Development Bank will provide $14 billion in loans over four years to help poor countries improve food security as prices soar and climate change bites, the Philippines-based lender said Tuesday.

KANO: Nigeria rice farmer Adamu Garba squelched barefoot through his paddy fields, surveying damage from devastating floods that have destroyed farmland across the north of the country.

KUWAIT: Boursa Kuwait organized a seminar for listed companies in an effort to shed light on the mechanism and performance of market makers and their role in enhancing security liquidity.

Tokyo: The Japanese government’s intervention to bolster the national currency last week cost an estimated three trillion yen ($20.8 billion), a new record, the Nikkei business daily and other local media said Monday.