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  Reuters

  Tyson Foods to shut four US chicken plants in blow to small towns

  CHICAGO (Reuters) -Tyson Foods is shutting four more chicken plants - in Arkansas, Indiana and Missouri - to cut costs, a blow to small communities in the U.S. heartland that depend on the meatpacker for nearly 3,000 jobs. Tyson closed two other chicken plants, in Arkansas and Virginia, with almost 1,700 employees this year, and has also laid off corporate employees. The decision by Tyson, the largest U.S. meat producer by sales, to shutter facilities surprised and saddened local officials, who said the four plants have been fixtures for more than 50 years.

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  The Wall Street Journal

  Big Oil’s Talent Crisis: High Salaries Are No Longer Enough

  Good news from the oil patch: Jobs are plentiful and salaries are soaring. European universities, which have historically provided many of the engineers for companies with operations across the Middle East and Asia, are seeing similar trends. Students and high-skilled young workers are concerned about the industry’s role in climate change, as well as long-term job security given that global economies are transitioning away from fossil fuels to other energy sources, according to executives, analysts and professors.

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  Reuters

  TSMC to decide in favour of German factory on Tuesday -Handelsblatt

  BERLIN (Reuters) -Taiwanese semiconductor manufacturer TSMC's board of directors will decide in favour of building a factory in the German city of Dresden on Tuesday, the Handelsblatt daily reported, citing government sources in Germany. The German government will provide 5 billion euros ($5.49 billion) to support the construction of the factory, Handelsblatt's report said on Monday. The German economy ministry declined to comment on the report, as did the government of the eastern state of Saxony, where Dresden is located.

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  South China Morning Post

  Tech war: China's memory chip efforts face stronger headwinds as Micron, Samsung, SK Hynix race ahead on AI

  Beijing's ambitions of joining the world's top memory-chip makers, and replacing imports with local products in the domestic market, look increasingly at risk as the world's leading players adopt cutting-edge technologies while China's ability to catch up is hampered by US sanctions, according to analysts and industry insiders. This, in turn, could seriously hinder China's ability to develop large artificial intelligence (AI) models when the country is already reliant on US suppliers such as Nvi

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  Reuters

  Airlines take aim at Italy's plans to bring down sky-high prices

  A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach European Union free market rules. Prime Minister Giorgia Meloni's cabinet was set to approve later on Monday a decree law covering a range of subjects including support for strategic industries, taxi licences, a blue crab invasion as well as airline prices. The draft decree, still subject to change, forbids companies from raising fares for Sicily or Sardinia beyond a level that is "200% higher" than the average price for such routes.

• 

  Bloomberg

  India’s Rice Export Ban Sparks Concern That Sugar May Be Next

  (Bloomberg) -- After India banned some rice exports to control domestic prices, traders are worried another food staple could be vulnerable: sugar.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaNetanyahu Seeks to Change How Judges Are Named, Then Stop RevampThe world has become incre

• 

  Bloomberg

  Tyson Foods to Shut More US Chicken Plants After Profit Drop

  (Bloomberg) -- Tyson Foods Inc. will shut down four additional chicken facilities after fiscal third-quarter sales trailed even the lowest of analyst estimates. The company’s shares dropped the most since May.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’

• 

  Benzinga

  Google Parent Alphabet's Stock Top Stories: Google's AI Exploitation, Antitrust Case and UK Data Bill

  Today's top stories for Alphabet Inc. (NASDAQ: GOOG) cover regulatory and reputational news. Regulatory News: The UK data protection and digital information bill is facing criticism for favoring big business and "shady" tech firms, which undermines individuals' control over their data. The bill includes changes to subject access requests (SARs) and automated decision-making, making it easier for organizations to refuse requests for personal data. The bill also expands the use of AI and automated

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  Reuters

  Thailand says no rice export halt, to benefit from India's export ban

  BANGKOK (Reuters) -Thailand is benefiting from India's rice export ban and has no reason to halt its own shipments as it has sufficient output for exports and domestic consumption, its commerce minister said on Monday. India in late July ordered a halt to its largest rice export category in a move that will roughly halve shipments by the world's largest exporter of the grain, triggering fears of further inflation on global food markets. The Indian ban provides an opportunity for Thai rice producers, especially in Africa which consumes large volumes of rice from India, minister Jurin Laksanawisit told a press briefing.

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  Bloomberg

  Amazon to Meet With FTC in Final Push to Avoid Antitrust Suit

  (Bloomberg) -- Amazon.com Inc. will meet with Federal Trade Commission Chair Lina Khan and the agency’s three other commissioners next week in a final push to avoid an antitrust lawsuit, according to people familiar with the matter.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC

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  Bloomberg

  Oil Executives See Bigger Pay Checks by Prioritizing Cash Flow Over Growth

  (Bloomberg) -- What’s the best way for a shale executive to see a bigger pay check? Prove that you’re focused on cash flows and spending discipline, not drilling more oil.Most Read from BloombergMusk Says He May Need Surgery, Will Get MRI on Back and NeckTexas Power Prices to Surge 800% on Sunday Amid Searing HeatPayPal Launches a Stablecoin in Latest Crypto Payments PushUkraine Black Sea Drone Attacks Signal Rapidly Expanding WarHSBC Executive Slams ‘Weak’ UK for Backing US Against ChinaThat’s