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In "BUSINESS"
November 26, 2019
DIFC to host flagship Future of Finance Conference
November 26, 2019
Web inventor launches plan to stop Internet abuse
November 26, 2019
S. Africa urgently needs reforms as risks surge: IMF
November 26, 2019
US consumer confidence dips
November 26, 2019
Bangladesh to shut brick kilns as air quality worsens
FRANKFURT — German luxury carmaker Audi said Tuesday it planned to slash 9,500 jobs in Germany by 2025 as part of a massive overhaul to help finance a costly switch to electric vehicles.The job cuts will be achieved through an early retirement program and natural turnover at its two German plants, the company said in a statement.At the same time, the Volkswagen subsidiary said it would create 2,000 new jobs in the areas of electromobility and digitization as it pivots to the smarter, cleaner cars of tomorrow.The shake-up comes as Audi, like other carmakers, grapples with slowing demand in a weaker global economy, tougher pollution rules and the huge investments needed for the battery-powered era."In times of upheaval, we are making Audi more agile and more efficient," said CEO...
November 26, 2019
Audi to slash 9,500 jobs in Germany by 2025
November 26, 2019
New Ferrari Roma unveiled in Rome
PARIS — Global coal-fired power, a key driver of climate change, is set to fall a record 3.0 percent this year, largely led by developed countries although much-criticized China and India play their part too, analysis showed Monday.This "historic" drop would be equal to 300 Terawatt hours (TWh), or more than the combined coal-based electricity output of Germany, Spain and Britain last year, the UK-based Carbon Brief website said.The turnaround is largely due to "record falls in developed countries, including Germany, the EU overall and South Korea, which are not being matched by increases elsewhere.""The largest reduction is taking place in the US, as several large coal-fired power plants close," it added.For 2017-2918, falls in the US and the European Union...
November 25, 2019
Coal power set for record fall in 2019
November 25, 2019
GCC banks outlook ‘stable’
November 25, 2019
Great Place to Work
starts operations in
all GCC countries
