Amazon targets as many as 30,000 corporate job cuts, sources say
Amazon AMZN.O is reportedly preparing to cut up to 30,000 corporate positions starting Tuesday, as part of a major cost-reduction effort aimed at corr...
Coalition of conservative, social democratic, and liberal parties prevents far right from governing
Austria’s three-party coalition government took office on Monday, ending five months of political deadlock.
The new coalition, formed by the center-right Austrian People's Party (OVP), the Social Democratic Party (SPO), and the liberal NEOS, was announced last week.
OVP leader Christian Stocker was sworn in as chancellor alongside the country’s new government ministers and state secretaries at the presidential palace in Vienna.
“Good things come to those who wait,” President Alexander Van der Bellen said during the ceremony, thanking the parties for negotiating.
He added that the nation expects action, not just words, from the new government.
The new Cabinet has nine members from the center-right OVP, nine from the SPO, and three from NEOS.
The coalition deal follows the far-right Freedom Party’s victory in last September’s election, when it won the most votes but failed to secure a majority.
With only 29% of the vote, the party tried to form a government with the OVP, but talks collapsed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Amazon AMZN.O is reportedly preparing to cut up to 30,000 corporate positions starting Tuesday, as part of a major cost-reduction effort aimed at correcting overhiring during the pandemic, according to three people familiar with the matter.
Russia’s second-largest oil company, Lukoil LKOH.MM, announced on Monday that it plans to sell its international assets following U.S. sanctions imposed last week over Moscow’s ongoing conflict in Ukraine.
Venezuelan Vice President and Oil Minister Delcy Rodriguez announced on Monday (October 27) that she will propose suspending a broad energy cooperation agreement with Trinidad and Tobago, including ongoing joint gas projects currently under negotiation.
Air travel chaos escalated across the United States on Monday as the federal government shutdown stretched into its 27th day, triggering widespread delays caused by air traffic controller absences. More than 4,300 flights were delayed nationwide by the afternoon, following 8,800 disruptions.
The UN has warned of an “ugly” humanitarian situation in El-Fasher, North Darfur, where civilians fleeing violence are at risk of starvation and ransom demands, officials said Monday.
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