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Exclusive-Feeling ‘super bad’ about economy, Musk wants to cut 10% of Tesla jobs

Published by Reuters UK By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla CEO Elon Musk has a “super bad feeling” about the economy and wants to cut about 10% of jobs at the electric carmaker, he said in an email to executives on Thursday seen by Reuters. The message came two days after the world’s richest […]

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Biden administration to announce $2.1 billion to strengthen food system

Published by Reuters By Leah Douglas WASHINGTON (Reuters) – The Biden administration will announce on Wednesday more than $2.1 billion in funding to shore up weaknesses in the country’s food supply system exposed during the COVID-19 pandemic and the aftermath of the Russian invasion of Ukraine. U.S. Agriculture Secretary Tom Vilsack will unveil the new

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Sri Lankan woman rickshaw driver has to queue 12 hours, or more, for fuel

Published by Reuters By Uditha Jayasinghe GONAPOLA, Sri Lanka (Reuters) -Lasanda Deepthi, a 43-year-old Sri Lankan woman, plans her day around fuel queues. The driver of an auto-rickshaw on the outskirts of the commercial capital Colombo, she keeps a close eye on the petrol gauge of her sky-blue three-wheeler before accepting a job to make

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13 Palestinian children killed since January, says UNICEF

Published by Al-Araby The UN agency for children’s rights, UNICEF, has called on “all parties to the conflict” to “protect all children, at all times, everywhere” following the killing of thirteen Palestinian children by Israeli troops over the past six months. “Since the beginning of the year, 13 Palestinian children have been killed in the

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Shanghai to lift ‘unreasonable’ curbs on firms, Beijing eases restrictions

Published by Reuters UK By Emily Chow and Roxanne Liu SHANGHAI/BEIJING (Reuters) -Shanghai said on Sunday “unreasonable” curbs on businesses will be removed from June 1 as it looks to lift its COVID-19 lockdown, while Beijing reopened parts of its public transport as well as some malls and other venues as infections stabilised. The Chinese

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US ‘concerned’ after UN human rights chief visits China

Published by The Bangkok Post WASHINGTON: The United States expressed concern on Saturday over China’s “efforts to restrict and manipulate” the UN human rights chief’s visit to the Xinjiang region where Beijing is accused of detaining over a million people in indoctrination camps. Michelle Bachelet’s long-planned trip this week took her to the far-western Xinjiang

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Asia shares join global rebound on easing of Fed hike fears, China tech boost

Published by Reuters By Stella Qiu and Kevin Buckland BEIJING/TOKYO (Reuters) – Asian shares on Friday extended overnight global gains thanks to strong results from regional tech firms and U.S. retailers, while investors also took comfort from Federal Reserve minutes suggesting it could pause its rapid rate hikes later this year. The swing in sentiment

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Britain’s Nationwide warns inflation surge could dent house prices

Published by Reuters UK By Lawrence White and Iain Withers LONDON (Reuters) -Nationwide Building Society reported its annual profit nearly doubled on Friday, but warned rocketing inflation in Britain could dent the economy and lower house prices. The customer-owned lender reported a pretax profit for the year ended April 4 of 1.6 billion pounds ($2.00

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