Anticipating US downturn, Elon Musk details Tesla staff cuts
By Andrew Mills, Yousef Saba and Hyunjoo Jin DOHA (Reuters) -Elon Musk, CEO of Tesla (NASDAQ:TSLA), said a 10% cut in salaried staff at the electric car maker will happen.
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- June 22, 2022
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Amazon names veteran Herrington as head of consumer business
(Reuters) -Amazon.com Inc on Tuesday named Doug Herrington as the head of its consumer business, tasking the 15-year veteran of the online retail giant with leading a bigger push into.
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- June 21, 2022
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Honda China JV begins construction of EV factory
TOKYO (Reuters) – Japanese automaker Honda Motor Co Ltd said on Tuesday its joint venture in China has begun construction of an electric vehicle factory in Guangdong province with an.
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- June 21, 2022
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- 1 minute read
Some Omicron sub-variants escaping antibodies from Sinopharm shot -Chinese study
BEIJING (Reuters) – A small Chinese study detailed in The Lancet Infectious Diseases journal showed neutralising antibodies against some Omicron sub-variants were largely undetectable after two doses of a Sinopharm.
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- June 21, 2022
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- 1 minute read
Tesla sued by former employees over ‘mass layoff’
By Akriti Sharma and Hyunjoo Jin (Reuters) – Former Tesla (NASDAQ:TSLA) Inc employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out a.
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- June 21, 2022
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- 1 minute read
Cathay Pacific bringing back more planes to restore Hong Kong hub
DOHA (Reuters) – Cathay Pacific Airways (OTC:CPCAY), battered by strict quarantine rules that have led to a 98% fall in passenger numbers, is preparing to bring back more planes to.
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- June 21, 2022
- by admi
- 7 minutes read
Old is gold: sky-high cost of ageing ships sounds inflation SOS
By Joe Brock SINGAPORE (Reuters) – Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel already rampant inflation for years to come. The.
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- June 21, 2022
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- 1 minute read
Philippine tycoon Razon eyes up to $400 million IPO -sources
MANILA (Reuters) – Philippine ports and gaming tycoon Enrique Razon is weighing up launching an initial public offering (IPO) worth up to $400 million for his infrastructure and energy holding.
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- June 20, 2022
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Apple workers at Maryland store vote to unionize, a first for the U.S.
(Reuters) – Apple Inc (NASDAQ:AAPL) workers in Maryland voted on Saturday to join a union, becoming the first retail employees of the tech giant to unionize in the United States..
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- June 20, 2022
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Air India in talks with Airbus and Boeing to buy up to 300 narrowbody jets – sources
DOHA (Reuters) – Air India is in discussions with Airbus and Boeing (NYSE:BA) for the potential purchase of up to 300 narrowbody jets, industry sources said. Airbus and Boeing declined.