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VW chief confirms plan to cut 50,000 jobs as board rejects plant closures
Oliver Blume tells staff restructuring proposal includes ‘controversial decisions’ but he has broad support Business live – latest updates The chief executive of Volkswagen has confirmed plans to cut 50,000 more jobs despite the carmaker’s supervisory board rejecting his plan to shut four factories in Germany. Oliver Blume told staff on Monday that proposals for…
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Ukraine to present its anti-ballistic programme at Paris meeting today, Zelenskyy says – Europe live
Emmanuel Macron hosts ‘coalition of the willing’ in Paris amid hopes that Ukraine’s recent advances could force Putin towards negotiations in Kyiv Meanwhile, Russia has been forced to suspend shipping in the Sea of Azov after 90 vessels were targeted by Ukrainian drones in less than a week. Continue reading…
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Burnham expected to vote in favour of Mahmood’s asylum system changes
Home secretary also set to outline plans to enable deportation of grooming gang ringleader Shabir Ahmed UK politics live – latest updates Andy Burnham is expected to vote for the immigration bill on Monday night in the Commons, with his team indicating that he backs Shabana Mahmood’s changes for indefinite leave to remain (ILR) and…
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Dubai plans new port to bypass Strait of Hormuz
Project to build capacity on UAE’s east coast represents a major shift after US-Iran war
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Jim Cramer’s top 10 things to watch in the stock market Monday
Chip stocks are selling off, and Apple lands a big price target hike.
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Trump: U.S. should be reimbursed for guarding Strait of Hormuz
The Strait of Hormuz is a major oil-shipping route and the epicenter of the U.S. and Israel’s ongoing war with Iran.
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Iran launches drone, missile attacks on dissident bases in Iraqi Kurdistan
Iran’s military forces recently carried out heavy air strikes on bases belonging to Iranian Kurdish militia groups in Iraqi Kurdistan. These unprecedented attacks underscore Tehran’s fear that these militias could become more offensive amid the instability fuelled by the war with Israel and the US.
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