UK manufacturing growth slows; Kellogg to split in three; Elon Musk’s US recession warning – as it happened | Business

Elon Musk: US recession more likely than not in near term Tesla chief executive Elon Musk has warned that the US economy could soon fall into recession. In an interview with Bloomberg News at the Qatar Economic Forum in Doha this morning, Musk said it appears “more likely than not” that the US economy enters…

Read More

Toshiba says considering two-way split, sale of air conditioner business

Two-way breakup can be passed by board approval Toshiba opting for 2-way split to “suit themselves”- shareholder TOKYO, Feb 4 (Reuters) – Toshiba Corp is considering splitting in half instead of three and offloading its air conditioning business, the Japanese industrial conglomerate said on Friday, in an attempt to overcome shareholder opposition to its turnaround…

Read More