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...
Italy’s Foreign Minister Antonio Tajani has indicated that Saudi Arabia is likely to join the Global Combat Air Programme (GCAP), a collaborative project involving Italy, Britain, and Japan to develop an advanced front-line fighter jet. The announcement came on Wednesday, following discussions among the three countries.
The GCAP, which was established in December 2022, represents a significant step in defence industry collaboration, combining the separate next-generation fighter initiatives of the three nations. Tajani confirmed that the partnership, initially limited to Italy, Britain, and Japan, is expected to be expanded to include Saudi Arabia.
Earlier this month, Italian Prime Minister Giorgia Meloni met with her Japanese and British counterparts, Shigeru Ishiba and Keir Starmer, in Brazil, where discussions centred on extending the project. The collaboration aims to have the new combat aircraft in flight by the middle of the next decade, with companies such as Leonardo, BAE Systems, and Mitsubishi Heavy Industries involved in its development.
Saudi Arabia’s potential inclusion in the GCAP is seen as a strategic move, bringing both financial investment and access to a lucrative market to a project expected to cost billions of dollars.
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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