Wednesday, Dec 4 2024 | Time 00:01 Hrs(IST)
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World


Japanese auto giant Nissan Motor plans 9,000 job cuts

Tokyo, Nov 7 (UNI) Nissan Motor Co. on Thursday announced a plan to cut 9,000 jobs globally and slashed its operating profit outlook for the year ending March by 70 percent.
The Japanese carmaker cut its fiscal 2024 operating profit forecast by 70 percent to 150 billion yen (about 975 million U.S. dollars), compared to 500 billion yen forecast in July, on sales of 12.7 trillion yen, also downgraded from 14 trillion yen, as it continues to battle headwinds in major markets.
The company also said it will reduce production capacity by 20 percent, cut 9,000 jobs globally and sell back 10 percent worth of shares in its alliance partner Mitsubishi Motors, reducing its stake from the current 34 percent.
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Security beefed up around Indian Embassy in Dhaka

03 Dec 2024 | 11:25 PM

Dhaka (Bangladesh), Dec 3 (UNI) Security has been tightened around the Indian Embassy area in Dhaka following a call for protest to block the embassy by a section of the Bangladesh Civil Society.

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The US committee points to lab leak as likely origin of Covid-19

03 Dec 2024 | 11:20 PM

Washington, Dec 3 (UNI) A two-year investigation by the US House of Representatives Select Subcommittee on the Coronavirus Crisis in a report rhas concluded that COVID-19 "likely emerged from a laboratory or research-related accident."
The findings, outlined in a 520-page report, have reignited debate over the origins of the virus that has claimed over 7 million lives globally and disrupted economies worldwide, according to Al Jazeera.

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Hunter Biden pardon deals new blow to democrats after election victory of Trump

03 Dec 2024 | 10:52 PM

Washington, Dec 3 (UNI) Outgoing US President Joe Biden’s decision to pardon his son, Hunter, has dealt another blow to the Democratic Party as it struggles to recover following Donald Trump’s presidential victory, the Financial Times newspaper reported on Tuesday.

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South Korean President declares martial law, parliament demands withdrawal

South Korean President declares martial law, parliament demands withdrawal

03 Dec 2024 | 10:14 PM

Seoul, Dec 3 (UNI) South Korea waded into troubled waters, as President Yoon Suk Yeol declared martial law in an emergency late-night television address Tuesday, but the country's parliament voted to demand withdrawal of the decision.

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South Korean President declares martial law

03 Dec 2024 | 9:09 PM

Seoul, Dec 3 (UNI) South Korean President Yoon Suk Yeol declared martial law in an unannounced late-night TV address Tuesday, accusing the country’s main opposition party of sympathising with North Korea and of anti-state activities, CNN reported.

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