Business and Economy

Business and Economy Latest News

TotalEnergies to boost output, cut $7.5 bn in costs
TotalEnergies to boost output, cut $7.5 bn in costs
by  AFP

French group TotalEnergies on Monday announced plans to increase oil, gas and electricity production while cutting spending by $7.5 billion between 2026-2030. As part of its cost-cutting plan, the company will trim annual capital expenditures to $16 billion in 2026 and $15–17 billion between 2027 and 2030 -- about $1 billion less than previous guidance.

Jaguar Land Rover to partly resume output after cyberattack
Jaguar Land Rover to partly resume output after cyberattack
by  AFP

Jaguar Land Rover on Monday said it will partially restart production in the coming days after a damaging cyberattack halted operations at its UK factories. "Some sections of our manufacturing operations will resume in the coming days," it added.

Money

Technology

Energy

Economy

Industry

Maritime

Capital Market