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1 min agoIran's Persian Gulf Strait Authority blacklisted 11 additional vessels on Wednesday for non-compliance with its rules, barring them from transiting the Strait of Hormuz. The move follows a blacklisting of 45 tankers a week earlier, bringing the total number of prohibited ships to 56.1 min agoA court acquitted Yorgen Fenech on Wednesday of orchestrating the car bomb that killed Daphne Caruana Galizia, the prominent anti-corruption journalist, nine years ago. The case has drawn international attention to Malta's record on press freedom and judicial accountability.1 min agoA Virginia judge on Wednesday rejected the Department of Justice's attempt to force Alphabet's Google to divest its online advertising exchange. The ruling marks the second major victory for Google against antitrust enforcement efforts seeking to break up the company's business.16 min agoThe ride-hailing company is cutting about 10% of its global workforce through a restructuring designed to streamline operations and reduce costs. The layoffs will affect roughly 3,300 employees, while permitting approximately 1% of staff to maintain remote work arrangements.16 min agoA court in Malta acquitted businessman Yorgen Fenech of charges that he ordered the car bomb attack that killed investigative journalist Daphne Caruana Galizia in 2017. Caruana Galizia, 53, was investigating the Panama Papers and was about to publish an article implicating one of Fenech's associates.31 min agoDelivery Hero's board has endorsed Uber's takeover proposal, valued at approximately $15 billion. If approved, the combined company would rank among the world's largest food delivery platforms.31 min agoTelefónica completed the sale of its landmark Gran Vía headquarters to real estate entrepreneur Tomás Olivo on September 1 for approximately 200 million euros. The building, which has housed the company's operations for nearly a century, now contains Spain's largest Movistar store alongside a cinema, television studio, recording facilities and the Fundación Telefónica.31 min agoThree Guardia Civil officers were injured when their patrol boat was rammed by a drug smuggling vessel off Cabo Cope near Águilas on Wednesday. The two occupants of the boat, which carried 20 containers of gasoline and was equipped with two motors, were detained after attempting to evade capture.46 min agoLando Norris has co-founded LN4 Fusion, a junior single-seater racing team that will compete in multiple championships starting in 2027, including Formula 3 and Formula 2. Norris is the first F1 world champion to directly back a junior team in the modern single-seater era and has also established the LN4 Legacy programme to support young drivers with financial assistance, coaching and career guidance.46 min agoA federal judge ordered Google to reform its advertising technology practices but stopped short of dismantling the division. The ruling represents the third consecutive defeat for American antitrust authorities seeking to break up a major technology company.1 min agoIran's Persian Gulf Strait Authority blacklisted 11 additional vessels on Wednesday for non-compliance with its rules, barring them from transiting the Strait of Hormuz. The move follows a blacklisting of 45 tankers a week earlier, bringing the total number of prohibited ships to 56.1 min agoA court acquitted Yorgen Fenech on Wednesday of orchestrating the car bomb that killed Daphne Caruana Galizia, the prominent anti-corruption journalist, nine years ago. The case has drawn international attention to Malta's record on press freedom and judicial accountability.1 min agoA Virginia judge on Wednesday rejected the Department of Justice's attempt to force Alphabet's Google to divest its online advertising exchange. The ruling marks the second major victory for Google against antitrust enforcement efforts seeking to break up the company's business.16 min agoThe ride-hailing company is cutting about 10% of its global workforce through a restructuring designed to streamline operations and reduce costs. The layoffs will affect roughly 3,300 employees, while permitting approximately 1% of staff to maintain remote work arrangements.16 min agoA court in Malta acquitted businessman Yorgen Fenech of charges that he ordered the car bomb attack that killed investigative journalist Daphne Caruana Galizia in 2017. Caruana Galizia, 53, was investigating the Panama Papers and was about to publish an article implicating one of Fenech's associates.31 min agoDelivery Hero's board has endorsed Uber's takeover proposal, valued at approximately $15 billion. If approved, the combined company would rank among the world's largest food delivery platforms.31 min agoTelefónica completed the sale of its landmark Gran Vía headquarters to real estate entrepreneur Tomás Olivo on September 1 for approximately 200 million euros. The building, which has housed the company's operations for nearly a century, now contains Spain's largest Movistar store alongside a cinema, television studio, recording facilities and the Fundación Telefónica.31 min agoThree Guardia Civil officers were injured when their patrol boat was rammed by a drug smuggling vessel off Cabo Cope near Águilas on Wednesday. The two occupants of the boat, which carried 20 containers of gasoline and was equipped with two motors, were detained after attempting to evade capture.46 min agoLando Norris has co-founded LN4 Fusion, a junior single-seater racing team that will compete in multiple championships starting in 2027, including Formula 3 and Formula 2. Norris is the first F1 world champion to directly back a junior team in the modern single-seater era and has also established the LN4 Legacy programme to support young drivers with financial assistance, coaching and career guidance.46 min agoA federal judge ordered Google to reform its advertising technology practices but stopped short of dismantling the division. The ruling represents the third consecutive defeat for American antitrust authorities seeking to break up a major technology company.

Dara Khosrowshahi

3 stories · Economy desk

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Stories: 3
Desk: Economy
First filed: Sep 2, 2026
Last filed: 3 h ago

BREAKINGLIVEDara Khosrowshahi

Uber cuts over 3,000 jobs in global restructuring

Uber is laying off around 3,000 employees, about 10 percent of its workforce of roughly 34,000 as of the end of 2025. CEO Dara Khosrowshahi said the restructuring aims to simplify teams and remove management layers to ma

3 h agoArchive photoLuchoCR·Wikimedia Commons·CC BY 4.0

Latest

BREAKINGLIVEEconomy

Uber cuts 10 percent of workforce, about 3,300 jobs, in restructuring

Uber announced the elimination of approximately 3,300 positions, or 10 percent of its global workforce, as part of organizational changes designed to

5 h agoIllustrationconceptphoto.info·Wikimedia Commons·CC BY 2.0

BREAKINGLIVETech

Uber to eliminate 3,300 positions as part of management overhaul

The ride-hailing company is cutting about 10% of its global workforce through a restructuring designed to streamline operations and reduce costs. The

5 h agoArchive photoThe Presidential Office of Ukraine.·Wikimedia Commons·CC BY 4.0

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