04:47 AM EDT, 04/16/2024 (MT Newswires) -- My Size Inc. ( MYSZ ) said Monday its board has approved a one-for-eight reverse split of its common stock, effective after market closes on April 19. Pursuant to the plan, every eight shares of the company's common stock will be consolidated into one common share. Shares will begin to trade on a...

April 16 (Reuters) - German chemicals group Evonik Industries on Tuesday reported preliminary first-quarter core profit well above market expectations, citing higher sales volumes in its Specialty Additives and Nutrition & Care divisions. The company posted adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 522 million euros ($554.05 million) in the quarter, beating the 450.4 million euros forecast...

* Some China sales teams notified of dismissal - sources * U.S.-based service centres suffered heavy layoffs - sources * No staff dismissed in Germany yet, discussions ongoing - Tesla (Adds U.S. cuts in paragraph 1, 3, 4, Tesla Germany comment in paragraph 9) SHANGHAI/BERLIN, April 16 (Reuters) - Tesla's global job cuts include reducing staff in the U.S. and...

SHANGHAI, April 16 (Reuters) - Tesla's global job cuts are hitting China, the automaker's biggest market after the United States, affecting staff in teams including sales, two sources briefed on the matter said. CEO Elon Musk on Monday told staff in an internal memo seen by Reuters that the company is laying off more than 10% of its global workforce,...