Business

India and Russia to jointly produce SJ-100 civil aircraft

New Delhi: India and Russia have firmed up a joint collaboration to produce a twin-engine narrow-body passenger aircraft for short-haul flights in line with growing strategic ties between the two countries. State-run aerospace major Hindustan Aeronautics Ltd (HAL) reached an agreement with Russia's Public Joint...

Amazon

Amazon to cut 14,000 corporate jobs as AI spending accelerates

Seattle: Amazon will cut approximately 14,000 corporate jobs as the online retail giant increases its spending on artificial intelligence. “The reductions we're sharing today are a continuation of this work to get even stronger by further reducing bureaucracy, removing layers, and shifting resources to ensure...

 

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