Category Politics

Volvo Cars to cut 3,000 jobs to cut costs

Sweden’s Volvo Cars plans to cut 3,000 jobs to cut costs as the auto industry faces challenges from trade tensions and economic uncertainty. The company said about 1,200 layoffs would affect workers in Sweden, and it also plans to eliminate…

Trouble looms over Romania’s new sworn-in president

Romania’s new president, Nicusor Dan, has been officially sworn in, ushering in the most serious political crisis to hit the European Union country in decades after previous elections were cancelled. Still, he faces many challenges ahead. Mr. Dan, a 55-year-old…