Laura Kuenssberg is informed by Prime Minister Liz Truss She supports the measures made public on September 23. The PM claims she did not bring up the contentious decision to eliminate the 45-piase top tax rate with her entire cabinet. Laura Kuenssberg is informed by Prime Minister Liz Truss that she supports the measures made … Read more
Tesla CEO Elon Musk announced on Tuesday that the company’s paid employment will be reduced by about 10% during the next three months. The cuts will result in a 3.5 percent reduction in total personnel at the company. Tesla had nearly 100,000 employees worldwide at the end of last year. Elon Musk, the CEO of … Read more
CANBERRA: The Australian government has published its long-awaited future fuels and vehicles strategy to cut transport emissions by increasing the uptake of vehicles deploying new energy. The strategy, released by Prime Minister Scott Morrison and Minister for Industry, Energy and Emissions Reduction Angus Taylor on Tuesday, includes plans for a network of charging and hydrogen … Read more
Lufthansa announced to cut 20% in leadership positions and the reduction of 1,000 administrative jobs because of the coronavirus pandemic. According to the details, the German Airline would also cut the investment volume for new aircraft in half, with its financial plan allowing for up to 80 new aircraft for the airline’s fleet up to … Read more
American Airlines Inc said it plans to cut 75% of its international flights through May 6 and ground nearly all its wide body fleet. Reuters reported that dramatic announcement came hours after the White House said United States would widen new travel restrictions. The Trump administration also signaled it wanted Congress to quickly back financial … Read more
