| June 6, 2019, 20:40

In January, Ford said that as part of a worldwide turnaround effort it would cut thousands of jobs, look at plant closures and discontinue loss-making vehicle lines, and would start consultations with unions on the plans. "We are committed to the UK"...

| June 6, 2019, 20:06

A repo rate cut allows banks to reduce interest rates for consumers on loans, and lowers equal monthly instalments on home loans, auto loans and personal loans. Two-thirds of 66 economists polled by news agency Reuters predicted that the MPC to wra...

| June 6, 2019, 18:20

The two automakers made public their talks to merge in May after months of negotiations. The Renault source said Le Maire had asked for another board meeting next Tuesday after he returns from a trip to Japan where he was to discuss the proposal wi...

| June 6, 2019, 12:32

It's also adding three more universities to the program: Southern New Hampshire University, Purdue University Global and Wilmington University will join The University of Florida, Brandman University and Bellevue University in being eligible places f...

| June 6, 2019, 7:14

Meanwhile, Australia and New Zealand have already approved the first application for the joint venture business. American Airlines spokesman Shannon Gilson on Sunday said the airline feels it has "made a compelling case about the benefits of the ...

| June 6, 2019, 6:21

Prior to Tuesday, just half the 12 RBA cuts since November 2011 were passed on in full - or within 0.01 percentage points of full - by the major banks. The quick moves from the big four is in stark contrast to when the RBA last cut the cash rate in...

| June 6, 2019, 4:52

Michelin and General Motors have teamed up to develop a new generation of airless wheel technology, dubbed the Michelin Uptis Prototype, which reportedly eliminates flats and blowouts. " UPTIS is an ideal fit for propelling the automotive industry i...

| June 6, 2019, 5:50

Business Insider reports that since 2012, Tesla Inc. has raked in millions of dollars from selling its regulatory credits. The filings affirmed how established carmakers such as GM and Fiat Chrysler have been relying on Tesla to comply with the...

| June 6, 2019, 1:47

In an apology posted on You Tube, Mr Woodford who manages Woodford Equity Income Fund, said: "As hard a decision as this is, and clearly frustrating for you, our investors, we felt this was necessary to protect your interests". On Monday, it said tha...

| June 6, 2019, 1:20

During a brief address at the company's annual shareholders' meeting held near its headquarters in Rogers, Arkansas, Sanders called on Walmart to pay its hourly workers at least $15 per hour. But Walmart said it has raised its starting wages in the...

| June 6, 2019, 2:17

Brent for August settlement dropped 30 cents to $60.98 a barrel on London's ICE Futures Europe exchange. JPMorgan Chase & Co. said Monday the chance of a us recession in the second half had risen to 40 per cent from 25 per cent a month ago.

| June 6, 2019, 1:05

Conexus has cited a move to digital as one of the reasons for the closures, with members more mobile than ever and using more digital services and less cash. The company will be hosting information sessions in many affected communities next week. ...

| June 5, 2019, 23:18

However, Trump's decision to levy wide-ranging tariffs on Mexico could spark a revolt among Republicans, according to recent media reports. If the duties are imposed, US cattle feeders will import fewer cows due to the increased cost, said Derrell ...

| June 6, 2019, 0:03

Emma Jones, 47, founder of Enterprise Nation , said: "We've secured the shops, recruited the..." The year-long pilot programme will explore a new model to help up-and-coming online brands grow their high street presence. The first store opens in Man...

| June 5, 2019, 22:56

The company also said that one-day delivery for Prime is available coast to coast, up from 10,000 cities and towns cited in its Q4 call. It did say, however, that it planned to invest $800 million to shorten the delivery window. Starting Monday, th...

| June 6, 2019, 0:25

You'll have to wait until next year to purchase any of the robotic furniture, but IKEA promises it will provide more information this summer. Not yet. "We need to use spaces and furniture that adapt to us and our activities, not the other way around"...

| June 5, 2019, 21:53

The 671bph Volkswagen ID R has smashed the electric lap record at the Nurburgring Nordschleife , with Romain Dumas lapping the 12.9-mile circuit in 6 min 05.336 secs. VW spent months preparing for the record attempt , ensuring that the batteries wo...

| June 5, 2019, 21:43

Ties now are "at an unprecedented level", Mr Putin said at the start of the meeting on Wednesday (June 5). Xi arrived here on Wednesday for a state visit to Russian Federation. Nevertheless, China's share in Russian foreign trade has almost doubled...

| June 5, 2019, 21:54

At 11:23 a.m. ET, the Dow Jones Industrial Average was up 117.64 points, or 0.46%, at 25,449.82, while the S&P 500 was up 8.85 points, or 0.32%, at 2,812.12. In the U.S. Treasuries market, benchmark 10-year notes last rose 5/32 in price to yield 2.10...

| June 5, 2019, 21:09

Jaguar Land Rover will launch a plug-in hybrid Evoque and Discovery Sport in the next 12 months, while BMW will introduce the electric iX3 next year, closely followed by the i4 , an electric equivalent to the 3 Series. In a statement , BM...

| June 5, 2019, 20:19

To take advantage of the airline's fare sale, travelers will have to book flights by 11:59 p.m. on June 6. Example fares include $49 one-way nonstop flights between Phoenix and Las Vegas , as well as one-way nonstop between Atlanta and Nashville ...

| June 5, 2019, 20:18

Airless tires, often called tweels, are nothing new. The real-world tests are created to help further develop the tires so GM can introduce them on passenger vehicles as early as 2024. They also haven't been tested widely enough to determine whethe...

| June 5, 2019, 19:53

The revolt against Facebook is gathering momentum, but CEO Mark Zuckerberg can rest easy for the time being. Results from the Facebook's annual shareholder meeting last week show that numerous investor proposals meant to limit Zuckerberg's powe...

| June 5, 2019, 18:43

The U.S. Congress has blocked about $2 billion in arms sales to Saudi Arabia in the past year, although the Trump administration is trying to work around Congress to supply arms to the kingdom. CEO of Ineos Nitriles, said. The investment in the Mid...

| June 5, 2019, 19:50

U.S. West Texas Intermediate crude was down 50 cents at $52.98 a barrel. In gasoline, the authority reported a build of 3.2 million barrels for the week to May 31. Mexico said it would reject a U.S. idea to take in Central American asylum seekers...