FedEx, Rivian, DraftKings join US companies cutting jobs
FedEx, Rivian Automotive, and DraftKings have joined a growing list of U.S. corporations announcing job cuts.
Business
British Steel considering cutting up to 1,200 jobs in Scunthorpe
Unions say move would be ‘betrayal’ amid talks with UK government over potential £300m in financial supportBritish Steel is considering cutting up to 1,200 jobs at its steelworks in Scunthorpe in a move that unions said would be a “betrayal” of workers…
Norway urged to step up Ukraine support after profiting from war
Norwegian campaigners and luminaries say Oslo must do more after earning billions in extra oil and gas revenueRussia-Ukraine war – latest news updatesNorwegian academics, rights campaigners, bestselling authors and a former minister have urged Oslo to …
Erdogan: Sweden can’t join NATO if Quran-burning is allowed
Turkey’s president has reaffirmed that Turkey won’t allow Sweden to join the NATO military alliance as long as it permits protests desecrating Islam’s holy book.
EA Cancels Mobile Apex Legends and Battlefield Games, Shutters Industrial Toys Studio
Electronic Arts announced it is canceling its Apex Legends Mobile and Battlefield Mobile games. And as a result, it is shutting down its Industrial Toys game studio. From a report: Apex Legends Mobile debuted last year, bringing Respawn Entertainment’s…
Aldi loses court battle with M&S over festive gin bottles design
The ruling could mean Aldi having to pay damages to M&S or pass on profits from sales of the product.
Darktrace boss defends UK cybersecurity firm amid short seller attacks
Embattled firm to launch £75m share buyback scheme to bolster stock price amid criticism of sales and marketingAdvice for Darktrace: don’t complain, just explainThe chief executive of Darktrace has launched a staunch defence of the embattled cybersecur…
Spain’s PM heads to Morocco to reap benefits of mended ties
Spanish Prime Minister Pedro Sánchez is traveling to Rabat for a two-day meet with Moroccan government officials as part of the European country’s strategy to improve the historically complex relations with its neighbor.
Renters and families to be hit hardest by new gas price rises, advocates warn
Consumer Policy Research Centre survey reveals 11% of Victorians asked for payment assistance from energy providerFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastConsume…
‘This is greenwashing’: Shell accused of overstating renewable energy spending
Non-profit group Global Witness urges US regulator to investigate oil giant and potentially impose fines over apparent ‘mislabeling’Shell has misleadingly overstated how much it is spending on renewable energy and should be investigated and potentially…