Boeing has warned of layoffs in its Space Launch System moon rocket program, saying it expects to have about 400 fewer positions in line with revisions to NASA's Artemis program and cost expectations.
The Seattle-based aerospace manufacturer said it will issue 60-day notices of involuntary layoffs to the affected employees in the coming weeks.
"We are working with our customer and seeking opportunities to redeploy employees across our company to minimize job losses," a Boeing spokesperson said via email.
The Artemis program, which is estimated to cost $93 billion (AED 341 trillion) through 2025, was established by the US space agency during the first administration of President Donald Trump. It represents the flagship American effort to return astronauts to the moon for the first time since NASA's Apollo 17 mission.
The program, however, has had significant delays and rising costs.
Artemis 2, previously planned for late 2024 and involving a crewed flight around the moon, is now scheduled for September 2025. Artemis 3, planned as the first astronaut moon landing under the program, is now planned for September 2026, delayed from late 2025.
Nakheel, a member of Dubai Holding Real Estate, has begun handing over 892 homes at Jebel Ali Village, which is expected to be home to approximately 5,500 residents.
The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
The UAE Ministry of Higher Education and Scientific Research has issued a new resolution setting out updated rules for scholarships for Emirati students.
The UAE has strongly condemned the Iranian attacks targeting the private office of Iraqi Kurdish Prime Minister Masrour Barzani and the home of its security intelligence chief in Iraq's Kurdistan region.
Dubai’s Roads and Transport Authority (RTA) has completed major upgrades on Al Marabea’ Street in Al Quoz, improving traffic flow and easing congestion.