Vauxhall joins PSA Group in €2.2 billion deal, employees fear job losses
French company that owns Peugeot and Citroen enters into a €2.2 billion deal to buy General Motor's European unit which includes Vauxhall. General Motor CEO Mary Barra affirms Vauxhall's British brand while respecting the agreements on the workforce.
Mar 07, 2017 9:42 AM EST
German tycoon Schlecker faces fraud trial with family
Anton Shlecker is accused of offenses related to the 2012 bankruptcy of his pharmacy chain that employed 50,000 people in Germany and in Europe.
Luxury automakers drive online sales on Tmall.com
China is projected to become the top market for luxury automakers by 2020 and brands rev up sales with Tmall.com to reach the country's affluent and digitally active consumers.
Sports Direct owner buys into lingerie brand Agent Provocateur
Sports Direct owner Mike Ashley has acquired an interest in the struggling luxury lingerie retailer, Agent Provocateur.
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Japan and Airbus welcome new agreement on industrial partnerships
Airline company Airbus welcomes new agreement on industrial partnerships with Japan. Airbus welcomes new agreement on industrial partnerships with Japan.
Mar 06, 2017 1:05 AM EST
Mexico economy minister sets meeting with US automaker executives in trade push
Trump's threats and unpredictability drives Mexico to build support from companies and US states that rely on business on the south border.
Mar 03, 2017 10:25 AM EST
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. Jimmy Choo reports strong revenue gains brought about by its growing market in China, the weak pound and its menswear line.
Mar 03, 2017 9:42 AM EST
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.
Mar 03, 2017 8:42 AM EST
Snapchat share price soars on market debut
The firm's valuation of $30 billion is the biggest record for a US tech company since Facebook in 2012.
Mar 03, 2017 8:28 AM EST
Oil prices forecast $50 to $70 per barrel through 2022, report says
Overall, demand is set to outpace supply on average over the forecast period. Oil prices are expected to average $50 to $70 per barrel until 2022 according to a recent forecast by Bank of America Merrill Lynch.
Mar 02, 2017 10:58 AM EST
Tiffany & Co. CEO steps down, new directors appointed to accelerate business strategies
The company shake-up comes after Tiffany's disappointing financial results. Jewelry retailer Tiffany & Co. 's chief executive officer, Frederic Cumenal, has stepped down on Feb.
Mar 02, 2017 9:19 AM EST
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.
Mar 01, 2017 9:02 AM EST
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.
Mar 01, 2017 9:02 AM EST
Alibaba seeks tougher penalties for purveyors of counterfeit goods
E-commerce giant seeks tougher laws, stricter enforment and heavier penalties against retailers or vendors of counterfeit goods in China.
Mar 01, 2017 1:21 AM EST
Asian shares rise ahead of Trump speech
Asian shares up, strengthened by gains on Wall Street as investors await President Donald Trump speech.
Feb 28, 2017 1:54 AM EST
Nordstrom’s Quarterly Earnings Beat Expectations
US upscale department store chain posts growth in fourth quarter earnings exceeding analysts' expectations.
Feb 23, 2017 9:09 PM EST
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