List of All Articles with Tag 'world'

Rolls-Royce Holdings Plc is poised to announce the deepest job cuts under Chief Executive Officer Tufan Erginbilgic as

European Union member states couldn’t agree on a deadline for phasing out fossil fuel subsidies when they met

Two people were killed in Brussels after a gunman opened fire in the city centre, police have said. Footage shared online showed a man dressed in an orange jacket unloading several shots, using a large weapon. Local media outlets said the two victims were Swedish nationals. The man was reportedly seen leaving the crime scene on a scooter. The violent incident came ahead of a qualifier game for the UEFA Euros between Sweden and Belgium at the Heysel Stadium, some 3 miles away. Local outlets reported a nervous atmosphere near to the arena following reports of the shooting, and extra security measures were added. The second half of the match was later called off, after players reportedly refused to return to the field. A message from the Swedish FA, sent to supporters advised fans to remain inside the stadium. Footage showed security personnel ushering supporters back inside the stadium and closing the gates. Nearby Metro stations were also reportedly closed.

Two people were killed in Brussels after a gunman opened fire in the city centre, police have said. Local media outlets reported both victims were Swedish nationals. Footage circulating on social media shows a man dressed in a fluorescent orange jacket firing several shots, using a large weapon. The gunman was also seen chasing a man into a building. The man was reportedly seen leaving the crime scene on a scooter. The incident came ahead of a qualifier game for the UEFA Euros between Sweden and Belgium at the Heysel Stadium. The second half of the match was called off after players reportedly refused to return to the field. Fans have been advised to remain inside the stadium. Footage showed security ushering supporters back inside the stadium and closing the gates. Local transport services have also reportedly closed. Read More Soccer match between Belgium and Sweden suspended after deadly shooting in Brussels Belgian authorities raise terror alert after 2 Swedes are fatally shot in Brussels Two Swedes shot dead as Belgium police probe possible terror attack

LinkedIn, the business-focused social media platform owned by Microsoft, announced on Monday it would be reducing its workforce by approximately 668, becoming the latest tech company to conduct mass layoffs. “Talent changes are a difficult, but necessary and regular part of managing our business,” the company wrote in a blog post adding that the changes were a result of adapting organisational structures and streamlining decision-making. The company said the roles being cut span across engineering, product, talent and finance teams. “We are committed to providing our full support to all impacted employees during this transition and ensuring that they are treated with care and respect,” LinkedIn wrote. This round of layoffs comes just months after LinkedIn laid off 716 employees in May citing a change in their Global Business Organization. In the first half of this year, tech companies like Microsoft, Google, Meta and Amazon saw massive layoffs in part because the sector struggled to keep up with salary maintenance while revenue slowed down. In January, Microsoft announced it would be reducing its workforce by 10,000 following a report showing company growth was at its slowest in six years. Part of that included advertising revenue that performed worse than expected. Microsoft’s advertising revenue partially comes from LinkedIn which makes money from ads on the platform in addition to users who pay a premium membership subscription fee. Though LinkedIn saw revenue and website membership growth over the last year, it is slower than in previous years. In Q4 of 2023, the company’s revenue increased 5 per cent year-on-year – a drop from the previous quarter at 10 per cent. The company also laid off 716 workers in May, after growing massively during the pandemic. Around 40% of LinkedIn’s almost 20,000 workers were hired during the pandemic. The cuts affect approximately 3 per cent of the total workforce at LinkedIn. The company has an estimated 21,000 employees – around 40 per cent of those workers were hired during the pandemic, according to The San Francisco Chronicle. Read More Who is hit hardest by Big Tech job cuts? Cooks and janitors Microsoft spent two years trying to buy Activision Blizzard. For Xbox CEO, that was the easy part IRS says Microsoft may owe more than $29 billion in back taxes; Microsoft disagrees

The Sam Bankman-Fried trial resumes Monday with more prosecution witnesses, including Nishad Singh, the former director of engineering

Two people were killed in Brussels after a gunman opened fire in the city centre, police have said. Footage shared online showed a man dressed in an orange jacket unloading several shots, using a large weapon. Local media outlets said the two victims were Swedish nationals. The violent incident came ahead of a qualifier game for the UEFA Euros between Sweden and Belgium at the Heysel Stadium, some 3 miles away. Police spokeswoman Ilse Vande Keere said officers arrived soon at the scene, and sealed off the immediate neighborhood, The Associated Press reported, though no further information was made immediately available. Dutch-language newspaper Het Laatste Nieuws (HLN) reported that the perpatrator of the crimes had released a video on Facebook, in which he claimed to be a member of IS. The man said he had shot the people “avenge the Muslims”. It comes at a time of heightened politcal and religious tension around the world, following the recent attacks on Israel by Hamas, and ensuing conflict. More follows … Read More A top EU official convenes a summit to deal with a fallout in Europe from the Israel-Hamas war The AP Interview: EU President Michel warns about spillover of Israel-Hamas war into Europe EU can't reach decision on prolonging the use of chemical herbicide glyphosate

Ford Motor Co. is calling on the United Auto Workers to end its more than monthlong strike, warning

Donald Tusk hailed a new era for Poland after liberal, pro-EU opposition parties appeared poised to oust the governing conservative party in the nation’s most pivotal election in decades. A late exit poll by Ipsos published on Monday afternoon gave incumbent Law and Justice (PiS) 36.1% of the vote, which would translate into 196 seats in the lower house of parliament. Opposition parties led by Mr Tusk’s liberal Civic Coalition (KO), were projected to win a combined 249 seats based on the highest turnout since the fall of communism in 1989. In Wroclaw, polling queues were so long that voting continued until nearly 3am. PiS repeatedly clashed with the EU over the rule of law, media freedom, migration and LGBT rights since it swept to power in 2015. KO, along with New Left and the centre-right Third Way, have pledged to mend ties with Brussels and scrap reforms they say have eroded Polish democracy. Mr Tusk, a former prime minister and European Council president, told supporters: “Poland won. Democracy has won. We have removed them from power. “I have been a politician for many years. I’m an athlete. Never in my life have I been so happy about taking second place.” Polish financial markets surged on the prospect of a government led by Mr Tusk. The blue-chip WIG 20 share index was up 6.2% at lunchtime, while the zloty currency was 1.3% stronger. But even if the exit polls prove accurate, Mr Tusk and his allies may have to wait weeks or even months before getting a turn at forming a government. President Andrzej Duda, a PiS ally, has said he would give the winning party the first chance at forming a coalition. PiS won more votes than any single party and said it would try to build a new government led by prime minister Mateusz Morawiecki. But the leader of the agrarian PSL party, a frequent kingmaker in past governments, ruled out cooperating with PiS after running with the Third Way coalition. “Those who voted for us want change, want a change of government, want PiS removed from power,” said Wladyslaw Kosiniak-Kamysz. The Organisation for Security and Cooperation in Europe (OSCE) said Poland’s election had not been entirely free and fair. “The ruling party enjoyed a clear advantage through its undue influence over the use of state resources and public media,” said Pia Kauma, head of the OSCE’s Parliamentary Assembly. Turnout among 18-29 year olds jumped to 71% from 46% in the last parliamentary election in 2019, according to Ipsos. In an aggressive campaign, PiS had cast the election as a choice between uncontrolled illegal migration under the rule of leaders it said were beholden to foreign interests and a government that would protect Poland’s borders and traditions. However, PiS faced accusations of democratic backsliding and undermining women’s rights after the government enforced a near-total abortion ban in 2021. PiS was also accused of using lucrative positions in state-controlled firms to reward supporters. “I expect that women will now have more rights, that they will feel safer,” said Iga Frackiewicz, 43, a banking administrator. “I also hope that nepotism will end, for example in state companies and in other places.” The outcome could also affect ties with neighbouring Ukraine, which Poland has been supporting in the war against Russia’s aggression. Good relations soured in September over Ukraine grain entering and affecting Poland’s market. Read More Poland waits for final election result after ruling party and opposition claim a win Ada Sagi was already dealing with the pain of loss. Then war came to her door Police in Warsaw seal off a large square after a man climbs a monument and reportedly makes threats The AP Interview: EU President Michel warns about spillover of Israel-Hamas war into Europe Parties running in Poland's Sunday parliamentary election hold final campaign rallies Germany is aiming to ease deportations as the government faces intense pressure on migration

Canadian business sentiment fell to its weakest level since the Covid recession of 2020, but inflation expectations of

ABUJA Nigeria's cabinet has approved a proposed borrowing of $1.5 billion from the World Bank, its finance minister

Germany said it’s stepping up efforts to thwart people smuggling by empowering police to establish mobile and fixed