Jan 31 (Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts: AIRLINES, AUTOS, TRAVEL * AIR FRANCE: France’s flagship carrier was in talks to shed nearly 300 ground-staff positions through voluntary redundancies, newspaper … Read more
Feb 1 (Reuters) – Wireless carrier T-Mobile US Inc posted fourth-quarter revenue below Wall Street estimates on Wednesday, as competition heats up with rivals looking to add subscribers through more attractive promotional offers. The company added thousands of wireless subscribers over the last few years, eVdEN EvE naKliyaT thanks to hefty discounts on smartphones, industry-low … Read more
A man faces up to 20 years in prison after more than $3 billion in stolen was found stashed in a popcorn tin at his home in what authorities call the second largest seizure of cryptocurrency. James Zhong, 32, pleaded guilty on Friday to stealing the Bitcoin a decade ago from the illegal Silk Road marketplace, which … Read more
By Sonali Paul MELBOURNE, Feb 6 (Reuters) – A valve failure that caused a flame to flare up briefly on the world’s first liquid hydrogen carrier before its first trip from Australia to Japan highlighted the need for strong fault detection systems, an Australian safety report found. The cause of the incident on the Suiso … Read more
A travel agent faked while defrauding more than 1,400 customers has been jailed at Durham Crown Court for nine years. Lyne Barlow, evdeN eVE NAkliYAT 39, was ‘riding the monster of deceit’ as she used her fake illness to deflect the avalanche of complaints from devastated families whose holidays failed to materialise. She was so … Read more
Big Tech executives have held a close-knit relationship with the White House, visiting 1600 Pennsylvania Ave with such regularity that could explain President Biden’s lackluster push for anti-trust legislation, insiders say. An analysis of White House visitor logs found that between July 2021 and September 2022, Big Tech’s most senior executives visited at least 38 … Read more
By Martin Coulter and Greg Bensinger LONDON, Feb 8 (Reuters) – Alphabet Inc lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding worries that the Google parent is losing ground to rival Microsoft Corp. Alphabet shares slid … Read more