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Danish wind giant Orsted to cut workforce by a quarter
Danish wind giant Orsted to cut workforce by a quarter
by  AFP

Danish offshore wind energy giant Orsted announced Thursday plans to cut 2,000 jobs, or a quarter of its workforce, by 2027 as its business struggles in the United States. The company said it needed to focus more on its European business and offshore wind, as well as improve its competitiveness.

EU woos developing nations at investment forum
EU woos developing nations at investment forum
by  AFP

European Union chief Ursula von der Leyen pitched the bloc as a dependable partner in a transactional world Thursday as she hosted about a dozen Global South leaders at an investment conference in Brussels. "Tariffs and trade barriers are back as a tool of geopolitics and geoeconomics," von der Leyen told the Global Gateway Forum, an implicit reference to US and Chinese policies.

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