Dundee University is to cut 632 jobs in a bid to address a £35m deficit. Staff were informed of the news by interim principal Shane O’Neill at a meeting in…
Category: Business News
USA: ‘Garbage’ to blame Ukraine for massive X outage, experts say
Experts have cast doubt on Elon Musk’s claim that a large-scale outage which hit X was caused by hackers in Ukraine. Platform monitor Downdetector says it had more than 1.6…
France: Lawmakers seek to bring back village bars
Lawmakers in France have overwhelmingly backed a bill making it easier to open bars in villages – a move aimed at reviving social life in small rural communities. In a…
USA: Trump says he will buy a Tesla after stock slump
US President Donald Trump has said he will “buy a brand new Tesla” after shares in the electric car firm fell more than 15%. Trump blamed “radical left lunatics” boycotting…
USA: Stocks slide as Trump warns of US economy ‘transition’
A sell-off in the US stock market gathered steam on Monday, fuelled by rising concern about the cost of the trade war to the world’s largest economy. The S&P 500,…
USA: Musk’s Tesla facilities in US face ‘Takedown’ protests
Tesla facilities across the US are facing protests and vandalism in response to the political role Elon Musk, who owns the car manufacturer, has played in the Trump administration. Most…
UK: Teacher strike ends after ‘successful’ talks
A long-running strike over redundancies and working practices at a secondary school has come to an end. Teachers at Cottingham High School, near Hull, had been taking industrial action since…
UK: Labour ministers yet to hold talks over Abramovich funds
Labour ministers have yet to hold talks with key figures involved in unlocking the £2.5bn promised for Ukraine after Roman Abramovich’s sale of Chelsea football club. Abramovich sold Chelsea in…
USA: Job growth stable as government cuts start
US President Donald Trump’s cuts to the government workforce have started to hit, but overall hiring last month remained stable as growth in other sectors offset those losses. The Labor…
UK: Labour MPs urge investors to support defence firms
More than 100 Labour MPs and peers have urged banks and investment firms to relax their rules on investing in defence companies. In an open letter, first reported by the Financial…