News Headlines - 25 July 2019

▽Nissan job cuts: 12,500 positions to go as profits collapse - CNN

Japan's second biggest automaker on Thursday said profits were almost completely wiped out in the first quarter of its fiscal year. Operating profit plunged 99% in the quarter compared to a year earlier.
Revenue, meanwhile, dropped nearly 13% compared to a year ago.
Nissan said it will slash roughly 12,500 jobs from its workforce worldwide. That's more than twice as many as the company was reportedly expecting to cut in May.

▽One of the missiles North Korea fired was new design: South Korea official - Reuters

At least one of the two missiles North Korea test fired on Thursday was a newly developed design and flew some 690 km (428 miles), an official at South Korea’s defense ministry told Reuters.
The other missile traveled about 430 km (267 miles) before coming down in the sea off North Korea’s east coast, the official said, adding that a detailed analysis was being done to verify if the two missiles were the same model.

▽Ukraine seizes Russian tanker, frees crew after Moscow threat - Reuters

Ukraine on Thursday seized a Russian tanker for its alleged involvement in the capture of three Ukrainian navy vessels by Russia, prompting Moscow to warn of consequences if any Russian citizens were “taken hostage”.
The crew members were later freed by Ukraine and were on their way home, but the tanker remained in Ukrainian custody in the Danube river port of Izmail, a spokesman for the Russian Embassy in Kiev said by telephone.

▽Tunisian president Beji Caid Essebsi dies at 92 | Al Jazeera

Tunisia's President Beji Caid Essebsi, the North African country's first democratically elected leader, has died at the age of 92, according to the presidency.
One of the world's oldest leaders, Essebsi died at the Tunis military hospital on Thursday morning, the presidency said in a statement.

▽Up to 150 feared dead as boats capsize off Libya | The Guardian

Up to 150 people attempting the perilous sea crossing from Libya to Europe are missing and feared drowned after two migrant boats capsized on Thursday.
If the toll is confirmed, it would be the highest from a shipwreck in the Mediterranean this year.
Ayoub Gassim, a spokesman for Libya’s coastguard, told Associated Press that two boats carrying about 300 people capsized about 75 miles (120km) east of the capital, Tripoli. About 137 people were rescued and returned to Libya, he said.