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Musk’s jobs warning at Tesla underscores gloomy economic outlook
FRANKFURT (Reuters) - Tesla chief executive Elon Musk told top managers he had a "super bad feeling" about the economy and that the electric carmaker needed to cut staff by around 10%, according to an...
Syndicated Content Jun 03, 2022
Xiaomi India names founding member Alvin Tse as general manager
BENGALURU (Reuters) - The Indian unit of Chinese smartphone maker Xiaomi Corp said on Friday it has appointed founding member Alvin Tse as its general manager, a change of guard as the company faces g...
Syndicated Content Jun 03, 2022
Russian rouble falls below 62 vs dollar on Friday trade
(Reuters) - The Russian rouble fell below 62 to the dollar on Friday and lost over 1% versus the euro as foreign demand for roubles to pay for Russian gas weakened. At 0757 GMT, the rouble was 0.9% we...
Syndicated Content Jun 03, 2022
Russia McDonald’s new owner set to reopen, expand -Forbes
(Reuters) - McDonald's Russia aims to reopen all restaurants in two months, its new owner Alexander Govor was quoted as saying on Friday, and to expand to 1,000 locations from the 850 he took over las...
Syndicated Content Jun 03, 2022
South Korean companies to build $1 billion green hydrogen plant in UAE
DUBAI (Reuters) - Three South Korean companies have signed an agreement to build a $1 billion green hydrogen and ammonia production plant in the United Arab Emirates, their UAE partner said on Friday....
Syndicated Content Jun 03, 2022
Tech firms say India cyber rules risk creating ‘environment of fear’
By Munsif Vengattil NEW DELHI (Reuters) - Indian cybersecurity rules due to come into force later this month will create an "environment of fear rather than trust", a body representing top tech compan...
Syndicated Content Jun 03, 2022
Airbnb to facilitate shift of host data to rivals ahead of China shutdown
BEIJING (Reuters) - Airbnb Inc said on Friday it will facilitate the shift of housing and host data to several Chinese domestic rental platforms before it shuts down operations in mainland China from ...
Syndicated Content Jun 03, 2022
Spain’s services activity slows in May, though jobs rise -PMI
MADRID (Reuters) - Activity in Spain's services sector slowed down in May though companies created jobs at the fastest rate in almost a year as companies' capacity is stretched, a survey showed on Fri...
Syndicated Content Jun 03, 2022
European shares open higher with eyes on U.S. data
(Reuters) - European shares opened higher on Friday, with investors awaiting U.S. non-farm payrolls data to make bets about central bank tightening, while also bracing for any change in stance from th...
Syndicated Content Jun 03, 2022
Exclusive-Musk says Tesla needs to cut staff by 10%, pauses all hiring
SAN FRANCISCO (Reuters) - Tesla chief executive Elon Musk said he had a "super bad feeling" about the economy and that the electric carmaker needed to cut staff by around 10%, according to an internal...
Syndicated Content Jun 03, 2022

Peoria, IL, USA
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