Japanese car giant Nissan plans to cut more than 10,000 jobs around the world as part of efforts to turn itself around, Japanese media said Wednesday, citing company sources. The cuts come after Nissan announced in May it would trim 4,800 jobs from its global workforce of around 139,000. Nissan’s net profit fell to a near-decade low in the last ...

Photo: Boris Johnson gestures as he speaks after being announced as the new leader of the Conservative Party in London, Tuesday, July 23, 2019. London, Jul 24 : Boris Johnson, Britain’s blustering Brexit campaigner, was chosen as the U.K.’s next prime minister on Tuesday, with a resounding mandate from the Conservative Party but conflicting demands from a politically divided country. ...

President Donald Trump met with executives from several of the nation’s leading chip and computer part makers Monday and discussed restrictions his administration has imposed on the sale of components to Chinese telecommunications giant Huawei, the White House said. Huawei is embroiled in a trade dispute between China and the U.S. The Trump administration in May sanctioned Huawei, which it ...

London, Jul 23 : As Theresa May held a farewell party in Downing Street last night, Mr Johnson was plotting with his inner circle. Boris Johnson is preparing for power as he awaits the widely expected confirmation that he has defeated Jeremy Hunt in the battle to become the UK’s next prime minister. As the overwhelming favourite to be crowned ...

  London, July 22 : UK prime minister will chair the government’s emergency committee Cobra on Monday after a British-flagged tanker was seized by Iran in the Gulf. Theresa May is expected to receive updates from ministers and officials and discuss maintaining the security of shipping in the area. It comes amid reports ministers are considering freezing Iranian assets. Foreign ...

Britain was weighing its next moves in the Gulf tanker crisis on Sunday, with few good options apparent as a recording emerged showing that the Iranian military defied a British warship when it boarded and seized a ship three days ago. Prime minister Theresa May’s office said she would chair a meeting of Britain’s COBR emergency response committee on Monday ...

Photo: In this, May 9, 2019, file photo, Jeff Bezos speaks in front of a model of Blue Origin’s Blue Moon lunar lander in Washington. Cape Canaveral, Jul 21 : Fifty years after humanity’s first lunar footsteps, the moon is back in NASA’s court. The White House wants U.S. astronauts on the moon pronto — by 2024, a scant five ...

Photo: British Airways planes parked at Heathrow Airport in London. London, Jul 21 : British Airways and Lufthansa both said Saturday they were suspending flights to Cairo for unspecified reasons related to safety and security. The British carrier said it was canceling flights to the Egyptian capital for a week. The German airline said normal operations would resume Sunday. Both ...

Photo: Police have released images of two people they want to speak to in connection with the attack (collected image) A suspected CS gas attack has occurred on a London Underground train. It happened at 09:13 BST on board a Victoria line Tube train at Oxford Circus in central London. British Transport Police said a number of people were treated ...

Public borrowing could double next year if there is a no-deal Brexit, the country’s spending watchdog says. The Office for Budget Responsibility (OBR) said borrowing would be almost £60bn if the UK leaves without a deal – up from £29.3bn if it does get a deal. The watchdog said this scenario was based on assumptions that a no-deal Brexit would ...