Keywords: Reuters
Negotiated wages in the eurozone picked up again at the end of 2025, with collectively bargained pay rising 2.95% year-on-year in the fourth quarter, according to fresh European Central Bank data released on Friday. The increase marks a clear acceleration from the revised 1.89% recorded in the previous......
Meta has initiated a strategic workforce reduction, eliminating approximately 3,600 positions globally through what the company terms "performance terminations." U.S.-based employees received initial notifications on Monday morning, Forbes reports. The reduction impacts 5% of Meta's total......
In a significant industry move, South Korea's LG Energy Solution (LGES) is eyeing Morocco as a potential site for a new Electric Vehicle (EV) battery production facility. This strategic consideration comes as the company aims to strengthen its foothold in the European market amidst changing trade......
In a resolute move to quell growing unease within the Democratic Party, President Joe Biden has emphatically declared his intention to remain in the 2024 presidential race. The 81-year-old incumbent, facing mounting scrutiny over his age and perceived ability to govern, addressed fellow party members......
Under the relentless sun in Mecca, tragedy unfolded during the annual Hajj pilgrimage as at least 550 pilgrims lost their lives to the scorching heat. Diplomatic reports and press outlets conveyed a somber reality, confirming the heartbreaking loss of life to French news agency Agence France Presse......
In a significant move to bolster support for Palestinian refugees, Norway has announced a substantial increase in its financial contributions to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). This decision comes amid growing concerns about the dire financial......
Adidas has launched an intensive investigation into its Chinese operations following the receipt of an anonymous letter alleging significant compliance violations, according to a report by the Financial Times on Sunday. On June 7, the German sportswear company received a detailed whistleblower complaint......
The European Commission has issued a stark warning to China: resolve the ongoing subsidy dispute over electric vehicles (EVs) or face significant tariff hikes. This ultimatum follows a preliminary finding in an anti-subsidy investigation into Chinese EV imports, which revealed that Chinese battery electric......
In a devastating incident that has deeply affected the Indian diaspora, at least 40 Indians are among the 49 individuals who tragically lost their lives in a catastrophic fire that engulfed a residential building in the Kuwaiti city of Mangaf, according to India's foreign ministry. The blaze, which......
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