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Boeing faces deadline to rebut possible US prosecution
Boeing faces a Thursday deadline to respond to a US Department of Justice determination that the planemaker can be prosecuted for violating a 2021 deal that allowed it to escape criminal prosecution over two fatal 737 MAX crashes.
Netflix to air 'ultimate' hot dog eating contest
US competitive eating legend Joey Chestnut will face off against a fierce rival in a hot dog eating contest, in the latest event to be aired live on Netflix, the streamer said Wednesday. CHESTNUT VS. KOBAYASHI: UNFINISHED BEEF -- the ultimate hot dog eating competition -- will air LIVE on Netflix, Monday, September 2," wrote the streamer.
Fired SpaceX workers sue Elon Musk over workplace abuses
Workers fired by SpaceX filed a lawsuit Wednesday accusing Elon Musk of fostering a sexist "Dark Ages" culture at the company he founded. The fired workers have already filed a complaint with the US National Labor Relations Board, but that has been stalled by a lawsuit by Musk trying to derail it.
Brazil's Lula defends oil exploration near Amazon River
Brazil's President Luiz Inacio Lula da Silva said Wednesday that a controversial offshore oil exploration plan near the mouth of the Amazon River was a key opportunity for the country's growth. Plans to explore for oil in an offshore basin near the mouth of the Amazon River have angered environmentalists and divided the Lula administration.
Ford says to cut 1,600 more jobs at Valencia factory
US carmaker Ford on Friday said it would seek to cut another 1,600 jobs at its factory near Valencia in eastern Spain, where it already axed 1,100 positions last year. In March 2023, Ford announced plans to cut around 1,100 jobs at the same factory as it moved to reorganise its European operations, angering Spain's left-wing government.
FedEx to cut up to 2,000 jobs in Europe
FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in response to lackluster demand, the shipping company announced Wednesday. The job cuts come as FedEx doubles down on expense reduction and downsizing in response to demand across its businesses that ranged from flat to lower in the most recent quarter.
US unveils sweeping sanctions targeting Russia over Ukraine war
The United States announced a raft of sanctions Wednesday aimed at constraining Moscow's war in Ukraine while raising the stakes for foreign banks that still deal with Russia, ahead of G7 leaders' talks this week. The United States charges that goods and services from these foreign networks helped Russia to sustain its war and avoid sanctions.
France's SNCF to offer high-speed passenger links in Italy
French national rail operator SNCF said Wednesday it planned to offer high-speed passenger services in neighbouring Italy from 2026, competing with rival Trenitalia on its home turf. "Italy is a natural market for high speed, with 56 million passengers per year," said Alain Krakovitch, head of intercity TGV (high-speed train) services at SNCF Voyageurs.
UN chief says global tensions threaten international trade
The international trading system is on the brink of fragmenting amid rising geopolitical tensions, UN Secretary-General Antonio Guterres warned Wednesday, as he cautioned the world against splitting into rival blocs. "The world cannot afford splits into rival blocs.
AFP
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