Ford has announced that it will layoff around 200 staff from one of its plants in Canada.
The American carmaker said workers at their Oakville, Ontario manufacturing site will be let go in September.
They also said more layoffs could be announced in January.
In total, around 4,600 people work at Ford's Oakville plant.
OPEC+ keeps oil output steady following steep price drop in 2025
OPEC+ kept oil output unchanged on Sunday, after oil prices fell more than 18 per cent in 2025, their steepest yearly drop since 2020, amid growing oversupply concerns.
Tesla loses EV crown to China's BYD
Tesla ceded its crown as the world's top electric vehicle maker to China's BYD after annual sales fell for a second year, with intensifying competition, the expiration of US tax credits and damage to the automaker's brand hurting demand.
Dubai Duty Free celebrates record-breaking 2025
Dubai Duty Free has recorded the strongest year in its history, with annual sales reaching AED8.68 billion ($2.38 billion) in 2025, driven by record-breaking monthly performances and strong demand from international travellers.
UAE updates capital market laws to strengthen financial oversight
The UAE has introduced two new federal decree laws aimed at modernising how its financial markets are regulated and supervised.
Disney agrees to pay $10 million to resolve alleged child privacy law violations
Walt Disney has agreed to pay a $10 million civil penalty as part of a settlement to resolve allegations it violated child privacy laws in some videos uploaded to YouTube, the US Department of Justice said on Tuesday.
The UAE’s Deputy Prime Minister and Minister of Foreign Affairs, His Highness Sheikh Abdullah bin Zayed Al Nahyan, has met his Zambian counterpart to discuss ways to strengthen relations between the two countries.
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages congratulating His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on his 20 years of leadership.
Dubai’s Roads and Transport Authority (RTA) has announced 60 per cent completion of work on Oud Maitha Road and Al Asayel Street development project under the broader Sheikh Rashid Corridor Development Project.
