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Finance & Economy

Bombardier plans to lay off 5,000 employees

Bombardier has announced a reduction of approximately 5,000 jobs globally over the next 12 to 18 months. The aerospace and railroad equipment manufacturer says the decision is part of a number of strategic measures, including launching a program to streamline its structure and improve productivity. This program is expected to …

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SDX Energy improves its gains

SDX Energy has achieved “one of its best exercises” in the third quarter of 2018, said Monday the company’s general manager, Paul Welch. The British company has indeed recorded a turnover of 15.4 Million Dollars in the 3rd quarter against 10.1 Million a year ago. At the end of September, …

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New chief executive in THALES MAROC

Thales, the French electronics group specializing in aerospace, defense, security and ground transportation, has appointed Hicham Alj as managing director of Thales Morocco. According to the group’s press release, it has “more than 22 years of expertise in the field of digital transformation, cloud, end-to-end security, commercial development projects and …

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Nissan Motor: dismissed Carlos Ghosn from office

Nissan Motor said its board of directors, in a meeting in Yokohama, first recognized the importance and confirmed that its long-term alliance with Renault remainedunchanged” and said it would do its best to minimize the potential impactand confusion in the day-to-day functioning of the Alliance after the arrest ofCarlos Ghosn. …

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