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Ford Motor Co to cut 10% of white-collar jobs as part of global restructuring

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DETROIT (Reuters) – Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No. 2 automaker $600 million annually. FILE PHOTO: FILE PHOTO – The Ford logo Read More

Globally-renowned tech futurist joins WFS Technologies team

38 mins ago DieselGasoil Comments Off on Globally-renowned tech futurist joins WFS Technologies team
5/20/2019 Photo: WFS Technologies Chief Marketing Officer Theo Priestley. EDINBURGH — A globally-renowned technology evangelist who focuses on emerging trends and their impact on business and wider society has joined the team at WFS Technologies, a subsea wireless automation, Internet of Things (IoT) and edge computing networks company for the energy industry including oil & Read More

‘B Team’ Donald Trump taunted by Iranian minister

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Iran’s foreign minister has goaded Donald Trump on Twitter, after the US president threatened the “official end” of the country. In a tweet, Mohammad Javad Zarif said: “Goaded by #B_Team, @realdonaldTrump hopes to achieve what Alexander, Genghis & other aggressors failed to do. Iranians have stood tall for millennia while aggressors all gone. #EconomicTerrorism & Read More

‘Democratorship’: Swedes lambast TV channel for refusing to air anti-EU ‘Swexit’ ad

1 hour ago DieselGasoil Comments Off on ‘Democratorship’: Swedes lambast TV channel for refusing to air anti-EU ‘Swexit’ ad
Swedish commercial broadcaster TV4 has refused to air an anti-EU promo, prompting outrage on social media. The Alternative for Sweden (AfS) party wanted to run the ad showing a single word – ‘Swexit’ – ahead of the EU elections. AfS leader Gustav Kasselstrand said the decision by the channel – the only one in Sweden Read More

Saudi Arabia ready to confront Iran with ‘all strength & determination’

2 days ago DieselGasoil Comments Off on Saudi Arabia ready to confront Iran with ‘all strength & determination’
Riyadh will confront Tehran with “all strength and determination,” if need be, the Kingdom’s FM has warned after Crown Prince received a call from Washington in which the sides discussed ways to ensure regional “security.” Tehran seeks to destabilize the entire region, Minister of State for Foreign Affairs Adel al-Jubeir proclaimed at a news conference, demonizing Read More

Revealed: US pressure on Ireland over Israeli settlements bill

2 days ago DieselGasoil Comments Off on Revealed: US pressure on Ireland over Israeli settlements bill
US politicians and lobbyists applied pressure on the Irish government before it passed a bill banning goods from illegal Israel settlements, including threatening the immigration status of Irish people in the US. Documents obtained from a Freedom of Information Act request by the TheJournal.ie reveal lobby groups and US politicians sought to influence the Irish Read More

US warns airliners about risks of flying over Persian Gulf

2 days ago DieselGasoil Comments Off on US warns airliners about risks of flying over Persian Gulf
US diplomats have warned that US air carriers and commercial operators flying over the Persian Gulf face a risk from being “misidentified” as tensions between US and Iran continue to escalate. The warning relayed on Saturday by officials in Kuwait and the UAE came from a Federal Aviation Administration (FAA) Notice to pilots published on Read More

Austrian VC caught discussing alleged shady deals, and pundits cry ‘Russia took over the country’

2 days ago DieselGasoil Comments Off on Austrian VC caught discussing alleged shady deals, and pundits cry ‘Russia took over the country’
Austria’s ruling coalition party is under fire after a leaked video showed the vice chancellor discussing alleged quid pro quo arrangements with a “Russian oligarch niece” … and some pundits quickly had their Russiagate meltdowns. The scandal rocked the Freedom Party of Austria (FPO) on Friday after two German publications, Spiegel and Suddeutscher Zeitung, released Read More

Facebook forms Swiss fintech firm with payments focus

2 days ago DieselGasoil Comments Off on Facebook forms Swiss fintech firm with payments focus
FILE PHOTO: Stickers bearing the Facebook logo are pictured at Facebook Inc’s F8 developers conference in San Jose, California, U.S., April 30, 2019. REUTERS/Stephen Lam/File Photo ZURICH (Reuters) – Facebook has set up a new financial technology company in Switzerland focusing on blockchain and payments as well as data analytics and investing, Geneva’s commercial register Read More

Italy central bank to spurn firms that don’t go green

2 days ago DieselGasoil Comments Off on Italy central bank to spurn firms that don’t go green
FILE PHOTO: Banca D’Italia (Bank of Italy) sign is seen in downtown Rome, Italy, October 19, 2018. REUTERS/Alessandro Bianchi ROME (Reuters) – The Bank of Italy plans to adopt investment criteria which reward companies that take action on climate change, joining other central banks, commercial banks and fund managers in ratcheting up pressure on boardrooms Read More