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Wal-Mart to slash 1,500 jobs in USA

  NEW YORK / AP Wal-Mart Stores Inc. said it is cutting jobs in accounting and other back-office positions at about 500 locations in the Western region of the U.S. The move will affect two or three people per store, totaling as many as 1,500 workers, Wal-Mart spokesman Kory Lundberg said. But those employees are expected to be offered positions that ...

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India’s space programme takes on Elon Musk

  Sriharikota / Bloomberg India’s space agency will launch a record 22 satellites on a single rocket as it tries to ease a global backlog and demonstrate the ability to compete with commercial spaceflight companies run by billionaires Elon Musk and Jeff Bezos. Satellites from the U.S., India, Canada and Germany will enter orbit after a scheduled June 20 liftoff ...

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Nissan ‘green wheels’ to roll on Amman roads

  DUBAI / Emirates Business Nissan has signed a Memorandum of Understanding (MoU) with the Greater Amman Municipality in Jordan as part of a landmark initiative to provide the Kingdom with its first 100 Nissan LEAF and Nissan e-NV200 electric vehicles (EVs). The vehicles, to be supplied by Bustami & Saheb (BSTC), Nissan’s exclusive distributor in the Kingdom, will be ...

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