Posted on Wed 30 Sep 2020, 10:12 AM

Energy major Shell unleashed Wednesday a major restructuring to combat plunging oil prices driven by the coronavirus pandemic, warning it will also spark more asset writedowns in the third quarter.

Royal Dutch Shell said in a statement that it would axe between 7,000 and 9,000 positions by the end of 2022, of which 1,500 staff have already agreed to take voluntary redundancy this year.

The job cuts would amount to roughly 10 percent of Shell’s total global workforce of 80,000 staff across more than 70 countries.

Posted on Tue 30 Jun 2020, 04:20 PM

The Confederation of African Football (CAF) has postponed the Africa Cup of Nations scheduled for January/February 2021 to January/February 2022 in Cameroon in the wake of the Coronavirus Pandemic.

 This follows an online conference meeting by the Executive Committee of the continent’s football governing body held on Tuesday to decide the future of the competition.

Posted on Tue 10 Dec 2019, 02:50 PM

Didier Deschamps’ contract as coach of world champions France has been extended through to the 2022 World Cup in Qatar, a source said Tuesday.

Deschamps, a former France skipper who led the team to 1998 World Cup glory, has been at the coaching helm of Les Bleus since summer 2012.

The decision to extend his contract will be made official by the French football federation at a press conference later Tuesday, the source told AFP.

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