Reuters

BAGHDAD (Reuters) - Eleven people were executed on Monday at a prison in the southern Iraqi city of Nassiriya after they were convicted and sentenced to death of terrorism crimes, two security sources have told Reuters.

(Reporting by Timour Azhari, Writing by Nayera Abdallah; Editing by Alex Richardson)

(Reuters) - Electric-vehicle maker Tesla has launched another round of layoffs including staff from the software, service and engineering departments, Electrek reported on Monday, citing emails and sources familiar with the matter.

The move comes after the Elon Musk-led automaker disbanded its EV charging department after Tesla announced last month that it was reducing its global workforce by more than 10%.

(Reporting by... (continue reading...)

By Michael S. Derby

(Reuters) - Americans are once again bracing for another round of higher housing costs, the New York Federal Reserve said on Monday.

As part of its latest Survey of Consumer Expectations, the regional Fed bank found that respondents see higher near-term increases for both rent and home prices, although they do see some relief over the longer haul for home prices. Households also see no relief on home borrowing costs.... (continue reading...)

By Gilles Guillaume

PARIS (Reuters) - China's premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30,000, a senior executive told Reuters on Monday.

Nio has created the sub-brand Onvo to launch a new EV that Chief Executive William Li has said will take aim at the Tesla Model Y, the world's best-selling... (continue reading...)

By John Irish and Elizabeth Pineau

PARIS (Reuters) - France and the European Commission on Monday told China's President Xi Jingping that they wanted him to use his influence on Russia to end its war in Ukraine, while underscoring that the European Union would not waver in its support for Kyiv.

President Emmanuel Macron is hosting the Chinese leader in his first visit to Europe in five years and held talks with him and Commission... (continue reading...)