Elon Musk said Saudi Arabia’s sovereign-wealth fund has approached him several times over nearly two years about providing financial support to take Tesla Inc. private, as the chief executive sought to explain his claim to have funding for a possible deal. Source: The Wall Street Journal
President Macron promised French households a €6 billion tax cut as he launched plans designed to reinvigorate his flagging presidency. The tax cut, earmarked for next year, would be paid for in part by cutting more than 4,000 public-sector jobs as well as reducing pensions and benefits. Mr Macron said that it would help to usher France towards a new era of prosperity and shore up his credibility within the European Union. Source The Time
China has reacted with anger to the news that the United States is ready to approve a $330 million arms sale to neigboring Taiwan. Source: CNBC
China has denied a request for a U.S. warship to visit Hong Kong, the U.S. consulate in the Chinese city said on Tuesday, amid rising tension between Beijing and Washington over trade and a U.S. decision to sanction the Asian nation’s military. Source: Reuters
