Malaysia Airlines is “technically bankrupt”, its chief executive has said, as he announced a restructuring programme and plans to cut about 6,000 jobs. The announcement follows the twin air disasters which forced its nationalisation last year. The airline said it had “offered jobs” to 14,000 of its 20,000 workforce. The move was expected and follows…
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The world’s 85 wealthiest people have as much money as the 3.5 billion poorest people on the planet – half the earth’s population. that’s according to Oxfam’s latest report on the risks of the widening gap between the super-rich and the poor . The report, titled “Working for the Few,” was released Monday, and was…