Boeing strikers not interested in 30% pay rise – union
The union representing thousands of striking Boeing workers says a survey of its members shows they are “not interested” in the aviation giant’s latest pay offer. “Many comments expressed that…
Ukraine drone attack in Russia sparks fire
Thirteen people have been injured in Russia’s Tver region after a large Ukrainian drone attack sparked a fire there, according to the Russian health ministry. Unverified footage has emerged purportedly…
Why China’s sinking economy could backfire on Vladimir Putin
Skirmishes in the South China Sea and a counterattack in Kursk. The ongoing and almost simultaneous military excursions by China and Russia within their spheres of influence have taken global geopolitics to…
Europe cuts interest rates again as economic recovery falters
LondonCNN — The European Central Bank cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles. The widely anticipated decision, which was unanimously…
Telegram CEO Durov says his arrest ‘misguided
Telegram founder and CEO Pavel Durov has hit out at French authorities, calling his arrest last week in relation to allegations of insufficient moderation on the messaging app “misguided”. In…
US seizes Venezuelan President Maduro’s plane
The US has seized a plane belonging to Venezuelan President Nicolás Maduro, claiming it was bought illegally for $13m (£9.8m) and smuggled out of the country. According to the US…
What’s next for Nestle?
VEVEY, SWITZERLAND — Investment, productivity savings and incrementality are central to Laurent Freixe’s priorities as he steps into the role as the new chief executive officer of Nestle SA. “To…
Ireland’s ‘spectacular’ growth set to slow
The Republic of Ireland’s economic growth is showing signs of moderating after a period of “spectacular expansion” the country’s largest business organisation has said. Irish Business and Employers Confederation (IBEC)…
Japan set for new PM as Kishida bows out as party leader
Japan’s Prime Minister Fumio Kishida will not seek re-election as leader of the ruling Liberal Democratic Party (LDP), which he says needs a “new start”. The 67-year-old LDP veteran is…
Tech layoffs: Dell fires 12,500 employees, or 10 per cent of global workforce, in major shift towards AI, says report
Dell Technologies has announced a significant restructuring, resulting in the termination of 12,500 employees, which constitutes approximately 10 per cent of its global workforce. Computer giant Dell has announced a…