A Supreme Court judge in Brazil has been locked in a months-long feud with Elon Musk. REUTERS/Ueslei Marcelino |
- A five-member panel of Brazil's Supreme Court will vote whether to uphold Justice Alexandre de Moraes' ruling to shut down social media platform X in the country. X missed a deadline on Thursday to name a legal representative in Brazil, triggering the suspension.
- Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecessary businesses and revamp capital spending, according to a source familiar with the matter.
- China will urge a summit of 50 African nations in Beijing this week to take more of its goods, before Western curbs kick in on its exports such as electric vehicles and solar panels, in exchange for more pledges of loans and investment.
- Asian factories, including China's manufacturing sector, showed signs of a tentative recovery in August and chip makers benefitted from firm demand, but economic headwinds loom.
- Euro zone manufacturing activity remained mired in contraction in August, with the data suggesting a recovery could be some way off as demand fell at its sharpest pace this year.
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