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Europe’s biggest carmaker VW raises job cut target to 50,000 as cost crisis deepens
WOLFSBURG, March 10 — Europe’s largest carmaker Volkswagen said it would cut 50,000 jobs in Germany by 2030 as it struggles to slash costs amid fierce competition in China, stagnant demand in Europe and US tariffs. “In total, around 50,000
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Thailand, Vietnam urge work-from-home and energy cuts as Middle East war fuels fuel price surge
BANGKOK, March 10 — Thailand and Vietnam encouraged public employees on Tuesday to work from home and take up other energy-saving measures as the Middle East war disrupted oil supplies and sent fuel prices swinging. Thai authorities said government workers
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Jeju Air disaster blamed on concrete structure built to reduce costs, state report says
SEOUL, March 10 — A concrete barrier blamed for a deadly South Korean jet crash that killed 179 people in December 2024 had been built to cut costs, the state auditor said today. Jeju Air Flight 2216 was coming in
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Iraq’s PM warns US not to turn country into launchpad as Middle East war escalates
BAGHDAD, March 10 — Iraq’s Prime Minister Mohammed Shia al-Sudani told US Secretary of State Marco Rubio todaythat Iraq should not be used as a launch pad for attacks in the Middle East war. Iraq neighbours Iran, against which the
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Iran vows to keep fighting as Trump predicts quick end to Gulf conflict
TEHRAN, March 10 — Iran’s Foreign Minister Abbas Araghchi said today his country would keep fighting as long as necessary, casting doubt on US President Donald Trump’s insistence that the conflict would be over “soon.” The remarks from one of Iran’s
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Aramco warns of ‘catastrophic consequences’ for world oil markets as Iran vows to block all Gulf exports
DUBAI, March 10 — Saudi Arabia’s Aramco, the world’s top oil exporter, said on Tuesday that there would be “catastrophic consequences” for the world’s oil markets if the Iran war continues to disrupt shipping in the Strait of Hormuz. The
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Johor MB Onn Hafiz: No approval for data centres with high water demand, welfare comes first
JOHOR BAHRU, March 10 — The Johor state government will never approve any project, including data centre developments, if it brings hardship to the people, said Menteri Besar Datuk Onn Hafiz Ghazi. He said as a responsible government, it will
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Loke: Measures in place to protect Malaysia’s ports from impact of Hormuz maritime crisis
PUTRAJAYA, March 10 — The government will implement several mitigation measures to ensure the country’s port operations remain unaffected following the West Asia conflict and tensions involving the United States and Israel against Iran, which have disrupted maritime movement in
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Muhyiddin’s trial: Banker confirms RM19.3m went into Bersatu’s CIMB account, says red flags triggered suspicious transaction report
KUALA LUMPUR, March 10 — A total of RM19.3 million in 28 cheques was deposited into Parti Pribumi Bersatu Malaysia’s CIMB account from August 2021 to November 2022, a banker confirmed in former prime minister Tan Sri Muhyiddin’s trial today.
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PSD disciplinary board to review findings of Azam Baki’s shareholding probe
PUTRAJAYA, March 10 — The Public Service Department (JPA) Disciplinary Board will meet soon to discuss the report by the Special Investigation Committee on the shareholding issue involving Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki. Chief Secretary
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