business

Mercedes-Benz recalls almost one million cars after 51 fires reported

The incident was due to an issue with an engine part that can cause an electrical fire and conditions would occur during the starting of the car.

Japan and Airbus welcome new agreement on industrial partnerships

Airline company Airbus welcomes new agreement on industrial partnerships with Japan.

Jimmy Choo revenues skyrocket with strong Asia market, weak pound and menswear range

The record revenues and profitability are proof to the growing appeal and strength of Jimmy Choo.

Ford may cut more than 1000 jobs at Bridgend plant in worse case scenario

Unions are fighting to keep the jobs in Ford at all cost as a reduction in employment could lead to a serious economic crisis.

Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies

The company shake-up comes after Tiffany's disappointing financial results.

Hershey aims to reduce global worforce by 15 percent

The Pennsylvania chocolatier's attempt to reduce its global workforce will help achieve profitability over the next two years.

Tesco plans to remove 1,700 managerial jobs

The deputy managers will be replaced by shift leaders as part of a program of transformation in order to improve the customers' shopping experience.

Qantas posts decline in net profits

The results indicate Qantas' strong performance in a mixed international market amidst its strategy and ongoing transformation while investing for customers.

Saudi Arabia Adds Nearly 30,000 New Hotel Rooms For 2017

The Kingdom is set to open a roster of 68 hotels across major cities at a time of growth for its tourism, leisure and hospitality.

Warren Buffett's Optimism on American Businesses

Berkshire Hathaway's CEO is upbeat about the future of US businesses and stocks after his company reported a higher quarterly profit. Buffett urges investors to work with a collection of large and conservatively financed American businesses in the long term.

Ralph Lauren CEO Steps Down After Creative Dispute With Founder

Stefan Larsson, President and CEO, will leave Ralph Lauren Corporation after the namesake's founder realized conflicting views on how to evolve the creative and consumer-facing parts of its business.

Experts Explain Why Major Retailers Are Dropping The Trump Brand

Retail experts say the reason why retail giants like Nordstrom, Neiman Marcus and Kmart have decided to pull out the Trump brand from their stores is mostly business-related.

How to Build a Thriving Business When You Have No Time

Quitting you job and starting your own business, can be a quite scary and daunting process. Nearly 50% of the new businesses fail within first five years and only 3% of those remaining ever make it to the 10 year mark. The reason that majority of the businesses fail is due to simple lack of planning. While there is no formula for success but there are some rules every business should follow to be on the right track.

Government and Eminent Business Leaders are Jointly Investing in ‘Clean Energy’ Tech to combat Global Warming

The Government and well-known business leaders of 20 countries are uniting to increase investment in breakthrough technologies for fighting against global warming. They are planning to invest $10 billion while expecting to get a double return with the ‘clean energy’ project.

Challenges of Internet of Things to Transform High Tech Marketing

With the emergence of more inter-connected device, new opportunites for high tech marketing appear. However, standardization and security have become challenge in order to expand the IoT adoption.

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