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Added on the 23/07/2021 20:39:42 - Copyright : Euronews EN
French President Emmanuel Macron visits aircraft engine manufacturer Safran's plant in Villaroche, north-central France, before announcing a series of grants and investments worth several hundred million euros to develop the green aerospace industry. IMAGES
Demonstrators aligned with the group 'Don't Pay UK' gather outside London's King's Cross Station to burn mock bills in protest at the rising cost of energy. Chants of 'Can't pay, won't pay, we say don't pay' ring out, reflecting the group's advocacy of withholding payment of energy bills while prices remain at their current level. IMAGES
CNN reports that Royal Dutch Shell will slash as many as 9,000 jobs as the oil giant accelerates a shift away from fossil fuels. On Wednesday, the company said it would cut between 7,000 and 9,000 positions by the end of 2022. That's ten percent of its workforce. The total includes 1,500 people who have volunteered to leave the company this year. Shell expects the overhaul to deliver annual cost savings of up to $2.5 billion by 2022. Shell said the job losses are part of a restructuring, aimed at cutting costs and simplifying the company's structure as it moves into low-carbon energy.