BERLIN: The crisis-hit German toy company behind Playmobil, the small plastic figures loved by children the world over, said on Monday that it was cutting 17 per cent of its workforce. The Horst Brandstaetter Group, named after its founder, plans to slash nearly 700 positions worldwide by 2025, 369 of
PARIS: When Indian entrepreneur Awais Ahmed founded his satellite start-up in Bangalore in 2019, his country was still a year away from opening the space industry to the private sector. “When we started, there was absolutely no support, no momentum,” said Ahmed, who was 21 when he founded Pixxel, a
THE post-retirement careers of the biggest sports stars can be fascinating to watch — Viagra ads, property ventures, crypto projects — but one option is becoming a sure-fire winner: put your face on the cover of a video game. And death is no barrier for this particular career, with two
IT wasn’t so long ago that NFTs were being heralded as a mini-revolution in the worlds of art and finance and were regularly being snapped up for record sums. But the market for NFTs — blockchain-backed certificates of digital ownership — has been steadily plummeting in recent months. So much
SYDNEY: Out-of-control bushfires forced hundreds of residents and tourists to flee several towns in rural southeast Australia Sunday, as the country sweltered in extreme temperatures. People in four towns in Victoria state’s Gippsland, a region of national parks and wineries popular with tourists, were told to evacuate immediately while residents
HANGZHOU (China): North Korea’s Ri Song Gum set a new world record on Saturday to win gold in the first weightlifting event of the Asian Games in Hangzhou, the women’s 49kg class. She lifted a combined 216kg (92kg snatch, 124kg clean and jerk), one kilogramme greater than the previous mark held
YEREVAN: Armenia said Saturday that over 100,000 people have fled Nagorno-Karabakh, meaning nearly all the official population of the ethnic Armenian enclave has left since Azerbaijan seized back control. Nazeli Baghdasaryan, a spokeswoman for Armenia’s prime minister, said the number of refugees entering the country over the past week had
A quarter of a century after Tupac Shakur was gunned down in a gang feud in Las Vegas, a man was charged on Friday with his murder, a killing that came to symbolise the violence of gangsta rap as it surged into the mainstream. Duane “Keffe D” Davis, 60, had
BRUSSELS: Eurozone inflation fell to an almost two-year low in September, official data showed Friday, raising hopes that the European Central Bank will end its rate-hiking cycle. The ECB has increased rates repeatedly to tame red-hot inflation, but the pain is being felt across the eurozone economy. Consumer prices in
MALANG (Indonesia): Holding buckets of water, Cholifatul Nur sprinkles flowers planted at her young son’s grave and wipes clean the stone slab where a scarf of his favourite team is draped a year after his death at an Indonesian football stadium. Fifteen-year-old Jovan Farellino was one of 135 people killed
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