Saudi Arabia has temporarily shut its 1,200-kilometre East-West oil pipeline after a drone attack damaged the vital crude conduit, adding to mounting disruptions to energy flows across the Middle East as the
Microsoft has officially begun implementing performance-based job cuts, with termination letters detailing the process. The letters, seen by Business Insider, state that employees whose positions are being terminated will lose their healthcare
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Meta CEO Mark Zuckerberg recently addressed employees in an all-hands meeting, telling them to “buckle up” for an “intense” year ahead. According to a recording reviewed by Business Insider, Zuckerberg set the
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Amazon is significantly reshaping its management structure, aiming to reduce bureaucracy and speed up decision-making across the company. Internal guidelines, reviewed by Business Insider, reveal the company’s new strategy for cutting down
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US authorities are investigating whether Chinese AI startup DeepSeek circumvented US restrictions by purchasing advanced Nvidia semiconductors through third parties in Singapore. The inquiry, detailed by Bloomberg, centers on claims that DeepSeek
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A deepening dispute over EU energy policies has led to the collapse of Norway’s coalition government, just as tensions rise in Europe and the US regarding energy and territorial concerns. Prime Minister
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Deutsche Bank’s profits have plummeted by 92% in the fourth quarter of 2024, a result that has prompted CEO Christian Sewing to signal potential restructuring moves. As reported by the Financial Times,
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The UK government is moving to tighten controls on university franchising arrangements in a bid to address fraudulent practices that have exploited the student loan system. As reported by the Financial Times,
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In light of the ongoing challenges faced at the Colombo port, the below listed Joint Chambers, along with key trade, maritime and logistics associations, wish to propose solutions to mitigate the impact
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DP World and NSW Ports have announced a significant investment aimed at transforming the logistics capabilities of Port Botany in Sydney, with the goal of enhancing its status as a key hub
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Airline loyalty programs, once designed to attract repeat customers, have now evolved into multi-billion-dollar businesses that, in some cases, generate more profit than actual flight operations. A recent Financial Times (FT) report
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