Moreover, US Energy Secretary Chris Wright has said the Trump administration has no plans to offer security guarantees to oil companies in Venezuela – a worrying omission in a country where state-sanctioned paramilitary groups known as "colectivos" often operate as criminal gangs.
The London-based retail group said most of the job cuts would be in technology and data, where it was “consolidating routine reporting tasks” and creating dedicated teams for Argos and the supermarket.
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Paramount wants control of the entire company, including the firm's traditional pay-TV networks, which are seen as a declining business.