Trump names investor Steve Witkoff as special envoy to Middle East

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Financial Times 17h ago

Trump names investor Steve Witkoff as special envoy to Middle East - Financial Times

Quick Summary:

Its shares have gained more than 30 per cent in the five trading sessions since the Republican was named president-elect on November 6.

Among the stock market winners is Tesla, whose chief executive Elon Musk has become one of Trump’s closest associates.

VW’s decision to boost its investment in the start-up comes as executives face anger from German workers and unions over plans to close plants and lay off tens of thousands of workers in its home country.