|  | | | | | | | | Elon Musk, CEO of Tesla , said a 10% cut in salaried staff at the electric car maker will happen over three months, as the world's richest man predicted a U.S. recession was more likely than not. | | | | | | Legislators in Macau approved a landmark casino bill on Tuesday, the biggest reforms in more than two decades, ahead of an expected casino licence bidding process in the world's biggest gambling hub. | | | | | | Alphabet unit Google has made commitments to resolve a dispute in France over copyright for content used online, the country's antitrust authority said on Tuesday. | | | | | | Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said. | | | | | | Kellogg said on Tuesday it was splitting into three independent companies by spinning off its North American cereal and plant-based foods businesses, becoming the latest big U.S. firm to break itself up. | | | | | | Shifting political winds during the U.S. November mid-term elections could spell trouble for automakers' hopes of getting billions of dollars in consumer tax credits that would help the United States compete with Chinese and European rivals. | | | | | | Sales of luxury goods are set to rise at least 5% this year as shoppers in the United States and Europe continue to snap up high-end watches, jewelry and shoes despite political uncertainty linked to conflict in Ukraine and soaring inflation, consultancy Bain said Tuesday. | | | | | | U.S. President Joe Biden is considering scrapping tariffs on a range of Chinese goods to curb inflation, but no decision is likely before next week's Group of Seven summit, people familiar with the matter said. | | | | | | A senior airline industry official criticised a decision by Airbus to revoke a plane order from Qatar Airways, saying the move would encourage airlines to take their own decisions to cancel deals whenever unhappy with planemaker performance. | | | | | | U.S. stock index futures climbed on Tuesday as investors returned from a long weekend to scoop up shares of megacap growth companies and banks that were hammered in a rout last week on worries over a global economic downturn. | | | | | | | | | | | | | | | Sponsors are not involved in the creation of these or any other Reuters news articles.
Get Reuters News App
To manage which newsletters you're subscribed to, click here.
Want to stop receiving this email? Unsubscribe here.
To contact us with feedback, reply to this email. | | | | | | | | | |
