Nestlé plans to cut 16,000 jobs globally over two years, with 12,000 white-collar roles targeted to save one billion Swiss francs. This aggressive cost-saving measure, aiming for three billion Swiss francs in savings by 2027, follows a recent leadership shake-up and a bottled water scandal, as the company navigates slowing growth and declining sales.
Related news
Veteran actor Satish Shah, known for his unforgettable performances in Sarabhai vs Sarabhai and Jaane Bhi Do Yaaro, passed away at the age of 74 on October 25. The actor, who had reportedly been unwell for the past few months, breathed his last due to kidney failure.
US Vice President JD Vance affirmed that American troops will not be deployed to Gaza, reinforcing President Trump's pledge. Vance's visit to Israel aims to bolster the Gaza ceasefire, amid concerns that Prime Minister Netanyahu might abandon the truce. Trump urged Middle Eastern allies to intervene against Hamas if the peace deal collapses, warning of severe consequences.
Government officials have denied allegations of influencing LIC's investment decisions, stating the insurer's board-approved policies govern its investments. They emphasized LIC's exposure to the Adani Group is significantly less than to other major conglomerates like Tata and Reliance, with investments subject to regulatory oversight.
Commerce Minister Piyush Goyal slammed Western nations' double standards on Russian oil, questioning Germany and UK's pursuit of sanctions exemptions. He asserted India's independent trade policy, stating the nation won't sign deals under pressure.
The chess world mourns the unexpected passing of Daniel Naroditsky, a celebrated 29-year-old Grandmaster and Stanford graduate. Known for his playing prowess, insightful commentary, and educational content, Naroditsky was a prominent figure, earning numerous accolades including the US National Blitz Championship. His passion for chess inspired many globally.
Diwali 2025, on October 20th, promises a vibrant celebration of light, prosperity, and new beginnings. As families prepare for festivities, the article emphasizes the importance of sharing heartfelt messages and wishes to strengthen bonds. It offers a curated collection of greetings and practical tips to ensure your Diwali messages resonate deeply, spreading joy and connection across distances.
India's ODI opener against Australia in Perth was a one-sided affair, with the top-order faltering in challenging conditions. Despite rain interruptions, KL Rahul and Axar Patel provided some resistance, but India could only manage 136 for 9. Former player Irfan Pathan highlighted batting struggles and suggested early acclimatization for future tours.
A 35-year-old domestic worker, Salma, was discovered deceased in an autorickshaw near Bengaluru's Tilaknagar Main Road. She sustained head and neck injuries, indicating a murder. Police suspect the perpetrator is known to the victim and are utilizing the vehicle's registration to identify suspects. Salma, a mother of four, lived alone.
Ten-year-old British chess prodigy Bodhana Sivanandan achieved a historic victory, defeating former World Champion Grandmaster Mariya Muzychuk at the European Club Cup. This remarkable win, achieved while representing the She Plays to Win Lionesses, highlights Sivanandan's rapid ascent in the chess world. She continues to break records, solidifying her position as a rising star in English chess.
India's passport ranking has slipped to 85th in the 2025 Henley Passport Index, offering visa-free access to 57 destinations. This marks a decline from its previous position. Singapore leads the index with access to 193 countries, followed by South Korea and Japan. Several European nations also feature prominently in the top rankings.