Pakistan announces school closures due to rising fuel costs
Schools across Pakistan are being forced to close for a fortnight from next week with government departments down to a four-day week, accordin...
Volkswagen workers in Germany will stage warning strikes over layoffs, wage cuts, and plant closures as talks with labour union IG Metall fail to reach a resolution.
Volkswagen workers across Germany will begin warning strikes on Monday, marking the first large-scale walkouts at the automaker's domestic plants since 2018, labour union IG Metall announced.
The strikes escalate a dispute over proposed mass layoffs, wage cuts, and potential plant closures, measures Volkswagen deems necessary in response to Chinese competition and weakening demand.
Following failed negotiations, IG Metall authorised limited strikes starting early December. "If required, this could become Volkswagen's toughest collective bargaining battle," said IG Metall negotiator Thorsten Groeger.
The union criticised Volkswagen's demands, including a 10% wage cut, and rejected plant closure threats, arguing for alternatives to save costs.
Volkswagen stated its commitment to dialogue, respecting employees' right to strike while taking steps to minimise disruptions. Talks are scheduled to resume on 9 December, with unions demanding a sustainable agreement to secure the future of all German plants.
Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, is a hardline cleric with strong backing from the Islamic Revolutionary Guard Corps. His rise signals continuity in Tehran's anti-Western policies.
Global oil prices surpassed $119 a barrel on Monday (9 March, 2026), an almost four year high, as the Middle East conflict rumbled on.
China has urged Afghanistan and Pakistan to resolve their dispute through dialogue after Chinese envoy Yue Xiaoyong met Afghan Foreign Minister Amir Khan Muttaqi, as fighting between the two neighbours entered its eleventh day.
Iran named Mojtaba Khamenei to succeed his father Ali Khamenei as supreme leader on Monday (9 March), signaling that hardliners remain firmly in charge, as the week-old U.S.-Israeli war with Iran pushed oil above $100 a barrel.
Entry and exit across the state border between Azerbaijan and Iran for all types of cargo vehicles, including those in transit, will resume on 9 March, according to a statement by the Cabinet of Ministers of Azerbaijan.
Global financial markets remained on edge on Friday as the escalating war involving the United States, Israel and Iran continued to rattle investors, fuelling volatility in stocks and sending energy prices sharply higher.
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030.
The European Commission sees no immediate impact on the European Union's security of oil supply from the escalating conflict in the Middle East, it said in an email to EU governments, seen by Reuters on Monday (2 March).
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
Global debt surged to a record $348.3 trillion at the end of 2025, after nearly $29 trillion was added over the year, marking the fastest annual increase since the pandemic, according to the Institute of International Finance (IIF) report released on Wednesday.
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