Elon Musk announced that federal employees must justify their work or risk termination, following Trump’s call for budget cuts.

The entrepreneur is working with President Donald Trump to assert White House control over the sprawling federal workforce.

Musk - the world's richest person and Trump's biggest donor - has led the effort to fire swaths of the government workforce.

Moreover, the report says that Europe's share in global chemical sales has sharply declined from 23 per cent in 2008 to 13 per cent in 2023, exacerbated by the closure of major chemical plants.