Recent Posts

BT mulls deeper revamp to cut workforce by 25%

Bloomberg BT Group Plc, Britain’s dominant phone company, is considering a deeper restructuring under new Chief Executive Officer Philip Jansen that could see its 100,000-strong workforce shrink by a quarter over five years, according to people with knowledge of the matter. BT has internally discussed a target of reducing its headcount to 75,000, partly through accelerated automation of back-office processes, ...

Read More »

Dissident group claims raid on North Korea embassy in Spain

Bloomberg A secretive group seeking to overthrow Kim Jong-un’s regime claimed responsibility for a raid last month on North Korea’s embassy in Madrid, alleging the country’s overseas missions are conduits for illicit funds. The group, called Free Joseon and previously known as Cheollima Civil Defense, said in a statement posted to its website that its actions were in response “to ...

Read More »

Moon faces new pressure to revive Trump-Kim talks

Bloomberg As talks between US President Donald Trump and North Korea’s Kim Jong-un flourished last year, South Korean leader Moon Jae-in enjoyed international praise for bringing them together. Now that they’ve split, he’s facing pressure to get them back to the table. Trump’s decision to walk away from his Hanoi summit with Kim continues to reverberate a month later in ...

Read More »
Send this to a friend