Disney is laying off several hundred employees in film, television and corporate finance, a source familiar with the matter said on Monday.The layoffs affect multiple teams around the world, including film and TV marketing, TV publicity, and casting and development, the source said.Disney and other companies are reshaping their business strategies in response to the migration of cable TV audiences to streaming platforms. Bob Iger’s Disney and other companies are reshaping their business strategies in respon ...

Shell plc’s (SHEL) Indonesian affiliate has taken a bold step in reshaping its business strategy by divesting fuel retail operations to a joint venture between Citadel Pacific Limited and Sefas Group. This transaction includes the transfer of around 200 gas stations and a fuel storage terminal located in Gresik, with completion expected by next year.Despite this move, Shell remains firmly rooted in Indonesia. The company emphasized that it will continue to operate under brand licensing agreements, maintaini ...