Intel plans to cut over 15% of jobs

US chip-maker Intel on Thursday announced that it is planning on reducing its workforce by 15% as part of a cost-cutting programme worth billions of dollars. Intel said the majority of the layoffs, expected to exceed 18,000, were set to be completed by…

ITA Airways cancels flights to and from Tel Aviv

State-owned Italian airline ITA Airways on Thursday announced it suspended flights to and from Tel Aviv until Tuesday, citing the situation in the Middle East. “Due to the geopolitical developments in the Middle East and to ensure the safety of its pas…