Tesla to axe more than 10% of global workforce – media

Tesla will lay off more than 10% of its salaried workforce, according to an internal company-wide email sent to employees by CEO Elon Musk and seen by media outlets. Reuters on Monday cited an email sent to at least three US employees notifying them that their dismissal was effective immediately.

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Oil prices jump after Russia announces production cuts

Crude is on course for a 10% weekly gain as Moscow plans an output cut of 500,000 barrels per day in March Oil prices jumped more than 2% on Friday, heading for weekly gains, as Moscow announced plans to reduce crude production next month in response to Western price caps.

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France can’t stop mercenaries going to Ukraine – defense chief

Sebastien Lecornu has admitted that some “French civilians” are fighting against Russia Some French nationals have in fact enlisted to fight in the Ukrainian military, Defense Minister Sebastien Lecornu acknowledged on Friday, somewhat contradicting an earlier claim by the Quai d’Orsay that Paris had no mercenaries in Kiev or anywhere else.

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