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(Reuters) -Electric-vehicle maker Lucid Group Inc is planning to lay off about 18% of its workforce, Insider reported on Tuesday, citing sources familiar with the matter and an internal memo. The company’s shares fell more than 7%. Lucid, which makes luxury electric cars, will communicate details of the layoffs in the next three days, according to the report. At the end of last year, the company had about 7,200 employees. […]

By Juliette Jabkhiro and Stephane Mahe PARIS/NANTES, France (Reuters) -Black-clad groups set fire to garbage cans and threw projectiles at police in Paris who responded with teargas, on the fringes of a march against President Emmanuel Macron and his deeply unpopular pension bill. Clashes also erupted in similar rallies in cities including Rennes, Bordeaux and Toulouse, with a bank branch and cars set ablaze in Nantes. However, while public frustration […]

(Reuters) -The head of Russia’s Olympic Committee denounced as unacceptable” on Tuesday criteria announced by the International Olympic Committee (IOC) intended to enable Russian and Belarusian athletes to take part in international competitions. Athletes from Russia and Belarus, Moscow’s ally, were banned from competition following the Kremlin’s invasion of Ukraine last year, but the rules announced at the IOC’s Lausanne headquarters seek to allow a gradual return to world sport. […]

FRANKFURT (Reuters) – German chipmaker Infineon has raised its outlook for both its financial second quarter and the whole of 2023, it said on Tuesday, citing “resilient business dynamics” at its automotive and industrials divisions. The group said it now expected 2023 sales significantly above the 15.5 billion euros ($16.8 billion) forecast previously. It said there would be a corresponding positive impact on margins, without specifying. Frankfurt-listed shares in the […]

WASHINGTON (Reuters) -A federal judge has ruled that former U.S. Vice President Mike Pence must testify to a grand jury about conversations he had with former President Donald Trump leading up to January 6, 2021 attack on the U.S. Capitol, according to media reports. In a ruling that remains under seal, the judge also said that Pence can still decline to answer questions related to Jan. 6, CNN reported, citing […]

(Reuters) – Electric-vehicle maker Lucid Group Inc is planning to lay off hundreds of employees, Insider reported on Tuesday, citing sources familiar with the matter and an internal memo. The company did not immediately respond to a Reuters request for comment. (Reporting by Akash Sriram in Bengaluru; Editing by Shounak Dasgupta) Brought to you by www.srnnews.com

By Sandra Stojanovic NASHVILLE, Tennessee (Reuters) -Video released on Tuesday showed Nashville, Tennessee, police officers storming a private Christian grade school on Monday before confronting and fatally shooting an attacker who killed three 9-year-old students and three adult staff members there. The six minutes of harrowing footage, edited together from the body-worn cameras of two responding officers and released by the Metropolitan Nashville Police Department, showed officers clearing several first-floor […]

WASHINGTON (Reuters) – Tibet is dying a “slow death” under Chinese rule, the head of the India-based organization known as Tibet’s government in-exile said on Tuesday in a first address to the U.S. Congress. Some Tibetan activists lament what they see as a fading focus on alleged abuses in Tibet amid growing concerns in Washington and other Western capitals about China’s expanding military, pressure on democratic Taiwan, and crackdowns in […]

ATHENS/JERUSALEM (Reuters) – Greek police said on Tuesday they had arrested two men suspected members of a group that was planning an attack against an Israeli restaurant in Athens, a case which Israel said was orchestrated from Iran. The anti-terrorist agency launched the operation that led to the arrests on information gathered by the country’s intelligence service, police said in a statement. It said the arrests had helped “dismantle a […]