Thursday, May 15, 2025
Business
Bezos’s Blue Origin rocket firm to cut 10% of workforce
Washington (AFP) - Jeff Bezos's rocket company Blue Origin is laying off around 10 percent of its workforce following a...
US State Dept walks back purported $400 mn Tesla contract
Washington (AFP) - The US State Department backtracked Thursday on a document saying it would award $400 million for electric...
PSG president Al-Khelaifi charged in French corporate abuse of power probe: source
Paris (AFP) - French judicial authorities have charged the president of Paris Saint-Germain football club, Nasser Al-Khelaifi, with complicity in...
Unilever announces profit slump on Russia exit
London (AFP) - British consumer goods giant Unilever on Thursday announced falling net profits for 2024, hit by exiting Russia...
Germany’s Commerzbank to cut jobs to fight off UniCredit
Frankfurt (Germany) (AFP) - German lender Commerzbank said Thursday it plans to cut about 3,900 jobs, around 10 percent of...
Chevron to cut 15-20% of workforce by end of 2026: company
New York (AFP) - Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to...
AI feud: How Musk and Altman’s partnership turned toxic
San Francisco (AFP) - The feud between Elon Musk and Sam Altman has become one of the bitterest rivalries in...
Ford CEO says Trump policy uncertainty creating chaos
New York (AFP) - The Trump administration's tariff threats and animosity towards electric vehicles are producing a "lot of cost...
Galeries Lafayette owner Ginette Moulin dies aged 98
Paris (AFP) - The majority owner of the emblematic Parisian department store Galeries Lafayette, Ginette Moulin, has died aged 98,...
Altman says OpenAI ‘not for sale’ after Musk’s $97 bn bid
Paris (AFP) - Artificial intelligence developer OpenAI is "not for sale", chief executive Sam Altman said in Paris Tuesday in...
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