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UK telecoms firm BT to axe up to 55,000 jobs by 2030

LONDON: British telecoms group BT said Thursday it will axe up to 55,000 jobs by the end of the decade in the latest tech jobs cull in response to rampant inflation. The layoffs, comprising 42 percent of BT’s workforce, come two days after UK mobile phone giant Vodafone unveiled plans to cut 11,000 jobs or one tenth of staff over three years.“Both have been struggling with the pressures of inflation, most notably from energy,” said Victoria...

TOKYO: Japan's Prime Minister Fumio Kishida (third right) exchanges opinions with executives of a major overseas semiconductor manufacturer at the prime minister's official residence in Tokyo on May 18, 2023. -- AFP

Micron reveals $3.6bn Japan chip plan after PM meets execs

TOKYO: Micron said Thursday it will invest $3.6 billion to produce next-generation semiconductors in Japan, after Prime Minister Fumio Kishida held talks with some of the world’s biggest chipmakers.Kishida is trying to boost the domestic chip industry, after the weaknesses in global semiconductor supply chains were exposed by developments including the pandemic and the ongoing US-China tussle over advanced tech. Attendees at the Kishida meeting...

TOKYO: British Prime Minister Rishi Sunak (second right) and his wife Akshata Murty (second left) disembark their plane upon their arrival at the Tokyo Airport ahead of the G7 Leaders' Summit, on May 18, 2023. – AFP

UK touts $22bn in Japanese investment

TOKYO: Prime Minister Rishi Sunak Thursday announced Japanese investment of more than $22 billion into the UK, but accepted carmakers’ concern about Brexit trade rules as he confirmed talks with the European Union. Visiting Tokyo ahead of a G7 summit in Hiroshima, Sunak said the investment by Japanese companies of £17.7 billion ($22.1 billion) was a “massive vote of confidence” in the UK economy.It includes planned funding of about £10...

Ahmad Al-Melhem speaks during the interview. - Photo by Yasser Al-Zayyat

CMA to unveil more products and services to lure investors: Melhem

KUWAIT: The Kuwaiti Capital Markets Authority (CMA) is working on measures within international standards to lure investors, said a senior official on Thursday. Efforts to bolster transparency in all sectors of the Kuwaiti market would continue to enable Boursa Kuwait to gain further international footing, Ahmad Al-Melhem, Chairman of CMA Board of Commissioners, Managing Director said in an interview with KUNA.The CMA is working on introducing...

World Cup 2026 teams to be based in ‘clusters’: Infantino

LOS ANGELES: Teams at the expanded 2026 World Cup in the United States, Canada and Mexico will be based in regional clusters during the early rounds to ease travel, FIFA president Gianni Infantino said on Wednesday. Speaking in Los Angeles to unveil the official logo and branding for the tournament, Infantino said the move was prompted by the scale of the 2026 finals. For the first time the next World Cup will include 48 teams - up from 32 - and...

ROME: Denmark’s Holger Rune returns to Serbia’s Novak Djokovic during their quarterfinals match of the Men’s ATP Rome Open tennis tournament on May 17, 2023. – AFP

Top seeds Djokovic, Swiatek fall in Italian Open quarters

ROME: Seventh-ranked Holger Rune beat a frustrated Novak Djokovic 6-2, 4-6, 6-2 in a rain-interrupted quarter-final at the Italian Open, where women’s top seed Iga Swiatek retired injured on Wednesday. Serbian star Djokovic, who will drop to second in the world on Monday behind Carlos Alcaraz, admitted that he was outplayed in heavy, wet conditions after a week of rain in normally sunny Rome. “This is probably the coldest, wettest tournament...

Chinese President Xi Jinping arrives for the welcome ceremony for the China-Central Asia summit in Xian, Shaanxi province on May 18, 2023. (Photo by FLORENCE LO / POOL / AFP)

Xi hosts Central Asian leaders

XIAN: Chinese President Xi Jinping will host a Central Asian summit on Thursday, seeking to build regional influence as G7 leaders hold a rival gathering in Japan. Held in the ancient Chinese city of Xi’an, the historic eastern end of the Silk Road that linked China to Europe through Central Asia, this week’s summit is of “milestone significance”, Beijing has said.It is the first of its kind since the establishment of formal relations 31...

MADURAI: File photo taken on January 17, 2023, a participant (L) tries to control a bull during an annual bull-taming festival 'Jallikattu' in Palamedu village on the outskirts of Madurai. – AFP

India’s top court upholds bull taming festival

NEW DELHI: India’s Supreme Court upheld on Thursday a state government’s decision to lift the ban on a popular bull-taming festival long blighted by allegations of animal cruelty. Animal rights groups had petitioned the court after the southern state of Tamil Nadu amended a law in 2017 to allow the traditional Jallikattu festival.“The Tamil Nadu law is a valid piece of legislation and there is no flaw in it,” Justice Aniruddha Bose...

WELLINGTON: Firefighters inspect the Loafers Lodge hostel where a fire broke out a day earlier in the suburb of Newtown in Wellington. – AFP

New Zealand police charge man with arson over hostel fire

WELLINGTON: New Zealand police charged a man with arson Thursday over a hostel fire that killed at least six people in the country’s capital. The man will face Wellington District Court on Friday, police said, adding that further “more serious charges” in relation to the deaths have not been ruled out. “The investigation is ongoing,” they said.Police said they were not seeking anyone else in relation to the blaze, which engulfed the...

Zahraa Sayed Ahmed produces rose water from Damascena (Damask) roses, at her house in the village of Qsarnaba.

Scent of tradition lingers in Lebanon’s ‘village of roses’

On a gentle slope looking out over Lebanon’s Bekaa Valley, villagers work their way across pink-dotted terraces, gathering perfumed Damask roses that are used for essential oils, sweets and cosmetics. The rose harvest “gives you a bit of hope, it makes things beautiful, it calms you down—it gives you strength to carry on”, said Leila al-Dirani, picking the flowers from her family’s land in the village of Qsarnaba.A soft bag tied around...

Eurovision Song Contest winner Swedish singer Loreen arrives at Arlanda Airport outside Stockholm, Sweden.--AFP

Thousands welcome Eurovision queen Loreen home to Sweden

Large crowds welcomed Eurovision Song Contest winner Loreen home to central Stockholm after she claimed the Scandinavian country’s seventh title triumph at the weekend. Thousands of fans turned out in the Kungstradgarden park in central Stockholm despite gloomy weather to watch the 39-year-old artist perform her winning song “Tattoo”, a pop anthem about unconditional love. “I’m so grateful you sent me off to represent you, with...

National Philharmonic Music Director and Conductor Piotr Gajewski rehearses 'Cosmic Cycles, A Space Symphony' by composer Henry Dehlinger, at Capital One Hall in Arlington, Virginia.

US ‘space symphony’ puts stunning NASA images to music

It could be the ultimate blend of art and science—a new seven-suite “space symphony” inspired and illustrated by NASA’s latest mind-boggling images. The world premiere outside Washington last week of “Cosmic Cycles” showcased vivid imagery compiled by the US space agency alongside the first-ever public performance of the music. Henry Dehlinger, the symphony’s American composer, describes it as “almost like a total...

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HODEIDA: This handout satellite image shows a view of burning oil tanks in the port of Yemen’s Houthi-held city of Hodeida on July 21, 2024, a day after Zionist airstrikes. - AFP

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