Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday. The layoffs will affect employees at Adidas’ headquarters in Herzogenaurach, Germany, and represent nearly 9% of the 5,800 staffers it employs at the location. …
The fragility of the truce between Israel and Hamas was laid bare on Saturday, after Israel accused Hamas of withholding a hostage, prompting a halt in the movement of Gazan civilians back to their homes in the north. The ceasefire deal was already a brittle agreement, with Israeli statements often…
Fighting around Sudan‘s largest oil refinery set the sprawling complex ablaze, satellite data analyzed by The Associated Press on Saturday shows, sending thick, black smoke over the country’s capital. Forces loyal to Sudan’s military under army chief Gen. Abdel-Fattah Burhan later claimed they captured the refinery, owned by Sudan’s government…
Fighting with M23 rebels in eastern Democratic Republic of Congo left six United Nations peacekeepers dead, UN officials said Saturday. Two South African peacekeepers were killed Friday, while a Uruguayan Blue Helmet was killed Saturday, a UN official told The Associated Press. The official spoke on condition of anonymity because…
Among 34,000 people in the town of Oświęcim is just one Jew – a young Israeli named Hila Weisz-Gut. It’s an interesting choice of residence, given the most famous feature of the town is its proximity to the Nazi concentration and extermination camp Auschwitz – where at least 1.1 million…
American tech billionaire Elon Musk made a surprise address at the campaign launch for Germany’s Alternative for Germany (AfD) party as thousands of people gathered across the country to protest the rise of the far-right party. Musk, who spoke to the crowd in a live video, was met with huge…
Sydney restaurateur Judith Lewis couldn’t save the mezuzah, a framed parchment inked with Hebrew prayers, that was hanging in her family’s café when arsonists set it alight in the early hours one Sunday in late October. The symbol of Jewish faith was badly damaged in the blaze that destroyed Lewis’…
Belarusians are voting in a closely managed presidential election that is all but certain to extend the rule of Alexander Lukashenko, in power since 1994 and Europe’s longest-serving leader. The last time Belarus held a presidential election in 2020, Lukashenko claimed a landslide victory with more than 80% of the…
Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. Its figures are, if not rosy, not ruinous either. Last year, the war economy likely grew faster than the United States and all major European economies. Unemployment is at a record low. And if the ballooning defense…
South Korean prosecutors have indicted the impeached President Yoon Suk Yeol on insurrection charges over his brief declaration of martial law, making him the first sitting president in the country’s history to be indicted. President Yoon attempted to impose martial law in early December, a move that plunged the country…