Vodafone, the telecoms giant, has announced plans to cut 11,000 jobs across its global operations over the next three years as part of a turnaround plan to improve its performance and competitiveness. The company’s new chief executive, Margherita Della Valle,…
Microsoft has won approval from European Union regulators for its $69 billion acquisition of gaming giant Activision Blizzard, after offering concessions to address competition concerns in the cloud gaming market. The European Commission, the EU’s executive arm, said on Monday…
Ecommerce giant Amazon has announced it will fund 300 new apprenticeship positions in the next 12 months across 250 small and medium-sized businesses and partners across the UK. The new roles will be funded by Amazon through its apprenticeship levy,…
Apple has launched its emergency satellite communication features for iPhone 14 users in Australia and New Zealand on Monday, allowing them to contact emergency services and share their location with friends and family in places with no cellular or Wi-Fi…
Aston Martin has announced that it will debut the next-generation DB on May 24. The new car is expected to be a significant departure from the current DB11, with a more aggressive design and a more powerful engine. The teaser…
Apple is reportedly working on a new M3 Pro chip that is expected to offer a significant performance boost over its predecessors. The new chip is said to feature a 12-core processor and an 18-core GPU, which would be a…
ONEOK Inc agreed on Sunday to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 billion including debt, bringing natural gas-focused ONEOK into transporting refined products and oil. ONEOK will pay $25 and 0.6670…
Hertz, the world’s largest rental car company, is going electric. The company plans to have 25% of its 500,000 vehicle fleet be electric by the end of 2024, up from 10 percent now. Hertz has already made deals to buy…
Samsung Electronics, the world’s largest memory chip maker, has announced plans to build a new chip development facility in Yokohama, Japan, in a bid to boost its technological edge and foster cooperation with Japanese chip firms amid rising competition from…
Air Arabia, a budget airline based in the United Arab Emirates, has announced its plans to launch daily flights between Sharjah International Airport and Bangkok Suvarnabhumi International Airport starting from June 30th. This marks the airline’s entry into the Thai…
Elon Musk, the owner of Twitter and the founder of Tesla and SpaceX, has announced that he will step down as the CEO of the social media platform and hand over the reins to a new leader. Musk tweeted on…
Sportswear brand Puma has appointed Karthik Balagopalan as the new managing director of Puma India, one of its fastest growing markets1. Balagopalan, who has been with the company since 2006, will take over from Abhishek Ganguly, who has decided to…