Facebook rejects The Conversation | Nike hits record high | Panasonic sells $5B Tesla stake

Published: June 28, 2021, 7 p.m.

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Facebook has rejected talks with Aussie publisher The Conversation, which could test the government’s new media code.

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Nike shares surged 15% and hit a record high as a result of a post-lockdown sales boost.

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Panasonic, the Japanese electronics giant, has sold its stake in Tesla for $4.7 billion as their relationship cools.

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